Following are details from an FBI affidavit released on Saturday about a Nigerian man's attempt to blow up a U.S. commercial airliner flying from Amsterdam to Detroit on Christmas Day.
President Barack Obama on Tuesday blamed a combination of human and systemic failures in security for allowing the botched Christmas Day attack aboard a U.S. airliner, in his first big test on homeland security.
U.S. consumer confidence rose to a three-month high in December, while prices in the hard-hit housing sector stalled in October, breaking a five-month string of gains
An unprecedented 22 percent of U.S. consumers said they did not finish their Christmas shopping this year as fewer discounts kept many wallets closed, according to a survey released on Tuesday.
U.S. antitrust regulators approved Australian packaging group Amcor's (AMC.AX) purchase of mining company Rio Tinto's (RIO.AX)(RIO.L) Alcan packaging unit, the Federal Trade Commission said on Tuesday.
The Australian Dollar held above the 88 cents mark yesterday as news out of China indicated that economic forecasts would keep pace with expectations in 2010 and that it would maintain stimulus polices currently in place.
U.S. consumer confidence rose to a three-month high in December, while prices in the hard-hit housing sector stalled in October, breaking a five-month string of gains.
A 28-year-old college dropout pleaded guilty on Tuesday to charges that he stole tens of millions of payment card numbers by breaking into corporate computer systems.
Perhaps executives toiling in the TV industry should get a pass given all the competitive distractions dwindling their audience, from video games to social networking. And yet, some of their decisions were so memorably boneheaded that we must celebrate these milestone mishaps. Let's start with...
U.S. stocks edged lower in a low-volume session on Tuesday, breaking a six-day string of gains as investors found little reason to push stocks higher as the year's end approached.
A representative of Iran's Supreme Leader Ayatollah Ali Khamenei said on Tuesday opposition leaders were enemies of God who should be executed under the country's sharia law.
The Nigerian charged with trying to blow up a U.S. airliner planned to study Islamic law in Yemen, the Arabian peninsular state which is fighting a local branch of al Qaeda, the Nigerian government said on Tuesday.
A heated custody battle has developed between Levi Johnston and Bristol Palin over their one year old son Tripp, court documents revealed.
General Motors Co , which is winding down its Pontiac and Saturn brands, has offered dealers $7,000 per car to clear remaining inventory through Monday, the company said on Tuesday.
Stocks treaded water on Tuesday in a low-volume session after data showed a rise in consumer confidence, but a housing report pointed to more bumps in the road.
The world's top mobile phone maker Nokia launched a new patent broadside against Apple, escalating a battle for control of the smartphone market that has already led to a flurry of lawsuits.
The foiled Christmas Day bomb attack on a U.S. airliner has put further pressure on ailing Nigerian President Umaru Yar'Adua to either confirm he is fit to govern or hand over to his deputy.
As troubled U.S. trucker YRC Worldwide fights to stay afloat, investors scooped up stocks in its rivals on Tuesday in anticipation of a bankruptcy.
Oil prices steadied near $79 a barrel on Tuesday as the market weighed gains in the dollar against strong U.S. consumer confidence data and colder weather in top consumer the United States.
The California Public Employees' Retirement System Board , the largest U.S. public pension fund, has tightened policies governing board members' involvement in investment decisions, it said on Tuesday.
A $40 billion deal by the United Arab Emirates to acquire nuclear reactors puts it ahead in a drive to meet fast growing power needs among its Gulf neighbors, while also allowing it to export more of its oil.
The Internet made shopping without checkout lines a no-brainer. Now, some Web companies are betting that people are ready to forsake another shopping tradition: tangible products.
