UNITED STATES

RadioShack Corp reported a higher-than-expected quarterly profit on lower costs and improved sales of netbooks, prepaid wireless handsets and digital televisions, and the retailer's shares rose 4 percent.

Strong US corporate earnings and positive daily finishes in global equity markets along with a mixed bag of US economic data saw the Greenback lose ground against the Pound and EURO but hold steady against the YEN.

Federal Reserve Chairman Ben Bernanke traveled to the U.S. heartland to defend the central bank's actions and reaffirm his assessment of an improving, but still vulnerable, U.S. economy.

Federal Reserve Chairman Ben Bernanke traveled to the U.S. heartland to defend the central bank's actions and reaffirm his assessment of an improving, but still vulnerable, U.S. economy.

RadioShack Corp reported a higher-than-expected quarterly profit on Monday, boosted by lower costs and improved sales of netbooks, prepaid wireless handsets and digital televisions.

Citigroup Inc said on Sunday some 99 percent of its stock was tendered in an exchange offer for publicly held securities, in a key step toward giving the U.S. government a 34 percent equity stake in the bank.

Stock index futures pointed to a slightly higher open on Wall Street on Monday, mirroring gains in Asia and Europe, on mounting optimism over a recovery in corporate profits that has fueled a sharp two-week rally on stock markets worldwide.

Health insurer Aetna Inc is looking to sell its pharmacy benefits management business, the Wall Street Journal said, citing several people familiar with the matter.

World stocks raced to fresh nine-month highs and oil rallied on Monday as a recent run of strong corporate earnings and anticipation for more boosted optimism for a recovery in the global economy.

Asian stocks rose for the ninth day in 10 on Monday, with investors still focused on upward momentum in corporate earnings, though some worried whether the gains were racing ahead of longer-term economic prospects.

Asian stocks rose for the ninth day in 10 on Monday, with investors still focused on upward momentum in corporate earnings and moving money into riskier, higher-yielding assets.

Former world boxing champion Vernon Forrest was shot dead in Atlanta, the victim of an apparent robbery, city authorities and local media said on Sunday.

A court in army-ruled Myanmar heard final arguments on Monday in a case involving opposition leader Aung San Suu Kyi, who faces five years in prison if found guilty of breaching a draconian security law.

U.S. Secretary of State Hillary Clinton said on Sunday that major powers wanted North Korea to return to negotiations over its nuclear program but would not reward any provocative actions.

The chief executive of a Japan-based trading company on Monday pleaded guilty to illegally exporting to North Korea two tanker trucks that could be used as missile launch pads, Kyodo news agency said.

Four weeks after the military overthrew and expelled Honduran President Manuel Zelaya, Central America's worst political crisis in 20 years looks as intractable as ever.

Disheartened supporters of Manuel Zelaya trickled home from the Nicaraguan border on Sunday and the ousted Honduran president complained that U.S. condemnation of his removal from power was waning.

LOS ANGELES - A new kids' content company, A Squared Entertainment, has teamed with AOL on a slate of entertainment brands for children.

The U.S. jobless rate is likely to stay high even once the nation exits recession some time in the next few months, Federal Reserve Chairman Ben Bernanke said on Sunday.

(Corrects in 13th paragraph proper name of GAO to Government Accountability Office)

The U.S. jobless rate is likely to stay high even once the nation exits recession some time in the next few months, Federal Reserve Chairman Ben Bernanke said on Sunday.