The Bank of America Corp. board has lost two more directors; this time Gen. Tommy Franks and Adm. Joseph Preuher were the ones to hand in resignation letters.
The worst of the global economic crisis is over, multi-billionaire financier George Soros told Polish news channel TVN24 on Sunday urging the creation of international regulations to oversee global markets.
Singapore will take action against a North Korean ship that the United States is monitoring, if the vessel heads to its port with a cargo of weapons, the government said on Saturday.
Opposition leader Mirhossein Mousavi said the Islamic Republic must be purged of what he called lies and dishonesty, sending out a direct challenge to conservative rulers after a day of unrest across Tehran.
Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.
U.S. President Barack Obama called the Iranian government on Saturday to stop all violent and unjust actions against its own people, according to a post on the White House's website.
Nissan Motor Co. plans to invest up to $1 billion to produce electric vehicles in a plant in Smyrna, Tennessee to tap U.S. government funds for green vehicles, the Nikkei business daily reported on Friday.
New York Times reporter David Rohde escaped from the Taliban Friday night, the paper reported, after seven months of captivity where the U.S. government and media outlets voluntarily decided not to report on the matter.
JibJab, an e-card site, entertained President Barack Obama on Friday night at the Television Correspondents' Association dinner by showing a spoof video of the President.
Steve Jobs, who has been on medical leave from Apple for the past six months, received a liver transplant in Tennessee two months ago but will still return to work at the end of June, according to a report Friday in the Wall Street Journal.
Shares of Assured Guaranty Ltd rose as much as 5 percent on heavy volumes Friday, a day after the bond insurer said it would not need backup funds from investor Wilbur Ross for a pending acquisition upon completion of its share offering.
A deal reached by European Union leaders broke a deadlock on bank supervision reform on Friday, overcoming British reservations, but leaving much detail still be worked out in practice.
Zimbabwean expatriates in London jeered Prime Minister Morgan Tsvangirai when he urged them to return home to help rebuild the country's ruined economy after a decade of crisis.
President Barack Obama said on Saturday he is ready to fight for a tough new agency to protect consumers from risky loans and other financial products and lashed out at groups that might stand in the way.
Russia is ready to dramatically cut its nuclear stockpiles in a new arms pact with the United States if Washington meets Russia's concerns over missile defense, President Dmitry Medvedev said on Saturday.
Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts.
Telecom equipment maker Nortel Networks said on Friday that it will sell its advanced wireless technology business to Nokia Siemens Networks for US$650 million and that it was making progress in talks to sell its other businesses.
The new strain of H1N1 flu is causing something different to happen in the US
U.S. regulators closed three small banks on Friday, bringing the number of bank failures to 40 so far this year as the recession and delinquent loans erode the health of financial institutions.
According to the latest statistics from World Health Organization (WHO), the total number of confirmed influenza A/H1N1 cases had jumped to 2718 in 18 Asian countries by Friday.
Without further signs of life in the lackluster economy or hints from the Federal Reserve the outlook is improving, stocks' three-month rally may run into more obstacles next week.
Allen Stanford, the once high-flying Texas billionaire with a Caribbean knighthood and a penchant for publicity and cricket, has been brought down to earth with a thud as he faces criminal charges.
