UNITED STATES

Reliance's Hollywood gamble has yet to pay off

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Since Reliance Entertainment stormed Hollywood with hundreds of millions of dollars in cash three years ago, the Indian media conglomerate has seen precious little for its investments, with no movies released as a result of development deals and DreamWorks thus far struggling at the box office.
Nicaragua's President Daniel Ortega shows a map referring to the territorial dispute with Costa Rica during an address to the nation in Managua

Ortega Headed for Big Victory in Nicaragua

Nicaraguan President Daniel Ortega, a former Marxist guerrilla leader, took a big early lead in Sunday's presidential election after heavy social spending won him strong support among the country's poor.
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Oklahoma Earthquake Map

Oklahoma Earthquake: USGS Maps Showing Quake Exposure, Intensity

The largest earthquake to have hit Oklahoma in recorded history, with 5.6 magnitude, destroyed fourteen homes and caused two minor injuries which was didn't require hospitalization. The earthquake's epicenter was located 44 miles east of Oklahoma City and was felt as far away as Wisconsin and South Carolina.
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China FX rate within reasonable level: Minister

China's yuan exchange rate is within a basically reasonable level, and it is not the root cause of the China-U.S. trade imbalance, Commerce Minister Chen Deming said in remarks published on Monday.
Oegussa plant gold

Gold Rises 1% amid Jitters on Greece and Italy

Gold prices gained nearly 1 percent on Monday after Greece's politicians sealed a deal to form a coalition government, while continued uncertainty about resolving the zone's debt crisis supported safe-haven demand in bullion.
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Ex-General Elected President of Guatemala

A retired right-wing general promising a crackdown on violent crime won Guatemala's presidential election Sunday and will be the first military man to take power since democracy was restored in 1986.
Alfonso Cano

FARC Rebels Defiant After Canto's Death, Colombia Revolution Not Over [FULL STATEMENT]

The Revolutionary Armed Forces of Colombia (FARC) have confirmed the death of leader Alfonso Cano, but reject the idea that the group must demobilize or perish. A statement of defiance (full text here) accompanied three guerrilla attacks this weekend, and experts warn the group remains a stronghold, despite Pres. Santos's assurances that FARC is at breaking point.
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Fears Grow of Gridlock on Jobs, Deficit

A series of messy budget showdowns earlier this year have left many in Washington pessimistic that politicians can deliver on two pressing priorities: taming surging deficits and spurring job growth.
Cast members Antonio Banderas (R) and Salma Hayek pose with characters at the premiere of the animated film ''Puss In Boots'' in Los Angeles

'Puss in Boots' Steals Second Box Office Crown

Puss in Boots snatched the domestic box office title from a band of working-class thieves in the new Eddie Murphy action-comedy Tower Heist, studio estimates released on Sunday showed.
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CME cuts margin levels for MF Global clients

CME Group said it was changing its margin requirements for customers of collapsed brokerage MF Global Holdings Ltd , cutting the size of any margin calls when positions are transferred to another brokerage.
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Fast Retailing eyes U.S., European deal: report

Fast Retailing Co <9983.T>, Asia's largest clothing chain, is interested in buying a larger rival in the United States or Europe, as a stronger yen has boosted the Japanese company's purchasing power, Bloomberg said on Sunday.
A huge euro logo stands in front of the headquarters of the European Central Bank in Frankfurt

Coping With Europe's Chaos

Wall Street may find it hard to rally this week as Greece's new and untested coalition begins the process of ratifying a 130 billion-euro lifeline and the fate of Italy's government hangs by a thread.
James Cartwright testifies at a hearing of the Senate Armed Services Committee on the situations in Iraq and Afghanistan, on Capitol Hill in Washington

Ex-General Urges U.S. to Speak Frankly on Cyber Weapons

The United States should be more open about its development of offensive cyber weapons and spell out when it will use them as it grapples with an increasing barrage of attacks by foreign hackers, the former No. 2 uniformed officer in the U.S. military said.
Lindsay Lohan

Lindsay Lohan Crashes ‘J.Edgar’ Party

25-year-old Lindsay Lohan crashed the party for the Clint Eastwood-directed and Leonardo DiCaprio-headlined J. Edgar biopic. With four days of freedom left before she spends a month in jail, Lohan insisted that she was an invited guest to the J. Edgar party. Page Six reports that she talked her way past security Thursday night at the Hollywood Roosevelt Hotel.

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