UNITED STATES

Crude oil tumbles on margin hike

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Oil prices tumbled after the CME group raised crude futures margins by 25 percent following volatile trading in recent sessions, while Greek woes pulled the euro down to a six-week low against the yen on Tuesday.

YouTube adds Hollywood movies for rental

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YouTube is adding more than 3,000 mainstream movies for users to rent starting on Monday, along with the millions of free user-created videos the popular website is best known for.

Monday marks final launch of NASA's Endeavor

The final launch of the space shuttle Endeavor has settled to take place next Monday after engineers battled to resolve an electrical problem that plagued the original launch dates.
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U.S.-Pakistan Agreed to Bin Laden-Style Raids: Report

Anonymous current and former officials from the U.S. and Pakistan are bringing their stories to the public through the UK's Guardian, in which they say the government's leaders struck a deal nearly 10 years ago that gave the United States the right to unilaterally go into Pakistan and get the top three al-Qaeda leaders.

Lindsay Lohan joins the undead

Lindsay Lohan was walked the red carpet to support Tyler Shields' art opening, which encompasses several portraits of Lindsay as a Vampire.
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Rajaratnam jury starts 3rd week, re-hears calls

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
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Higher prices boost McDonald's April sales

McDonald's Corp posted a better-than-expected 6 percent global rise in April sales at established restaurants as higher menu prices helped offset rising costs for beef and other ingredients.

Mississippi River Flooding 2011: Lawbreakers Called Out

Shelby County Sherrif Bill Oldham said on Monday that law enforcement is keeping close watch and will arrest anyone breaking laws amid a difficult time in Memphis, Tennessee as it copes with a flood of historic proportions along the Mississippi river.
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LinkedIn IPO price values company at over $3 billion

LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than $3 billion.
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Oil jumps as bargain hunters buy, gasoline supports

Oil rallied more than 4 percent on Monday, rebounding as last week's record double-digit losses attracted bargain hunters and as equities markets remained stabilized after last week's strong U.S. April jobs report.
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Hertz makes new Dollar Thrifty bid of $2.1 billion

Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty Automotive Group Inc , offering nearly $2.1 billion as it looks to form the No. 2 U.S. car rental firm and bump a stalled bid from Avis Budget Group Inc .
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Wave to pay chipmaker hires IPO banks: sources

Inside Secure, a chipmaker hoping to benefit from technology that allows shoppers to buy goods with the wave of a smartphone, has hired two banks for a Paris flotation, people familiar with the matter said.

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