NEW YORK

A rare 12.76-carat pink diamond has been discovered at Rio Tinto's Argyle mine in Australia, regarded as the largest pink rough diamond found in the country.

Jeremy Lin's contract will be a big story as the New York Knicks figure out how much he deserves to make off the Linsanity that has revived the franchise over the past month.

Taxi and Limousine Commission will set up a panel to decide if Taxi TVs could be replaced by an iPad-like tablet

A year after Carmelo Anthony was traded from the Nuggets to the Knicks, who got the better of the deal?

The Tulsa, Okla.-based company is expected to report fourth-quarter net profits of $268.61 million, or 41 cents a share, according to analysts polled by Thomson Reuters. The company earned $259 million, or 44 cents a share, in the year-earlier period.

The New York Knicks' new star point guard Jeremy Lin recently applied to trademark Linsanity several days after two California men each filed separate ones, attempting to cash in on the fervor surrounding Lin and his vernacularly adaptable name.

What a difference 2.8 million customers -- and one point guard -- can make. Madison Square Garden Co. said Tuesday that despite the first two losses of the Jeremy Lin era, the last two New York Knicks telecasts on the MSG network are its highest-rated regular-season events ever. The boost in ratings coincides with MSG resolving its carriage dispute with Time Warner Cable last Friday, in time for the Knicks' Friday night game against the Hornets to be broadcast.

Jeremy Lin is single, and he dissed the Kim Kardashian date gossip and all these rumors that have flown since Linsanity began earlier this month.

A look at Steven Spielberg's period piece, War Horse.

The four words that envelop the headline nag along behind Mitt Romney wherever he campaigns on stops in Michigan. Let Detroit Go Bankrupt. These were the four words that served as the theme and message of an opinion-editorial Romney penned more than three years ago for The New York Times. It came in the midst of bipartisan bailouts to the swooning auto industry, in a time of debate over how to save what was once Michigan's most prestigious industry in its most prestigious city.

This week there is one pivotal thing on the mind of many actresses - the Oscars red carpet. As everyone knows, on Oscars night that red carpet is transformed into a runway, a runway seen by millions. Actresses, particularly nominees, become models for some of the best and most promising designers in the biz. In fact, Oscars night could make or break an entire career.

A mother of a 13-year-old boy is blaming an alcoholic energy drink for her son's death. Michael Truluck, an eighth grader in Maryland, died after falling out of a moving car, and being struck by another vehicle. The young teen had been drinking an energy drink with alcohol prior to getting in the car.

Jessica Biel and Justin Timberlake are definitely engaged, according to reports that people saw Biel wearing a healthy rock at a Saturday Night Live afterparty over the weekend. Check out the 'N Sync singer's hot ladies over the years in this sexy photo gallery.

When this year's Oscar nominations were announced, one person's name was expected to be called for the Best Actor category. Michal Fassbender, who gave one of the best performances of 2011 was left of the nominee's list. His snub shocked film fans and bevy of Fassbender supporters (known as Fassinators) took to the web to protest.

One fan possibly speaks for thousands as he makes his plea via YouTube to Lebron James to take part in the 2012 NBA Slam Dunk Contest.

It's understandable why Kim Kardashian looked to Tim Tebow and Jeremy Lin as potential boyfriends. After a series of failed relationships, the reality TV star and two-time divorcee is looking for a nice guy to settle down with (and improve her image along the way).

Wireless tower operator SBA Communications Corp will buy more than 2,300 tower sites and some antenna assets from Mobilitie LLC for about $1.09 billion, as it looks to benefit from an explosion in data traffic and arm itself better against larger competitors.

It would be nice if Linsanity was accompanied by Knick victories, but it’s not really even necessary.

Linsanity blew up thanks in no small part to the woeful level of competition the Knicks have faced. Things get a lot harder in the next three weeks.

Netflix and the Weinstein Co. announced Tuesday it had entered into a multi-year licensing agreement that will make foreign language, documentary and certain other movies from The Weinstein Company available exclusively to U.S. Netflix subscribers.

The good news for U.S. drivers is that unless a world-wide catastrophic event, like war breaking out between Iran and Israel, takes place soon, the $5 figure will not be hit in the near future, according to AAA.