NEW YORK

A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday after prosecutors lost faith in the credibility of his accuser.

Internet phone and messaging service provider Skype said, Sunday, it will buy mobile group messaging service provider GroupMe. But why GroupMe?

UBS announced cuts of 3,500 employees on Tuesday, mostly in its investment banking division, as the layoff trend continues in the banking industry.

The Canadian actor was deemed a hero following the weekend brawl.

Hopefully, Kris Humphries can take the same road when it comes to Kim's celebrity status. The pair have reportedly gone off to Europe for a mini-Honeymoon before heading out to NYC for their lives as Mr. and Mrs. Humphries. Many are excited for Kim's move as they know it will really give the couple a chance to get settled in this new stage and figure each other out and spouses.

A look at how the brawl happened and what transpired afterwards.

Hurricane Irene has grown stronger, and the storm is expected to further strengthen and strike the U.S. southeast coast by the weekend, possibly as a Category 3 or Category 4 storm. More than 60 million people from Florida to New York and Massachusetts could be impacted by the powerful storm.

Sarah Palin is not running for president. Repeat: Sarah Palin is NOT running for president. Not yet, anyway. Former Bush advisor Karl Rove stirred speculation that Palin might soon announce her candidacy for president on Sunday with statements on Fox News suggesting it appears more likely than not that Palin will run. But the former Alaska governor and VP presidential candidate turned conservative spokesperson and celebrity issued a different statement Tuesday through her Sarah PAC Web site. Pal...

Kim insists the NYC reception is a welcome to NY party

The sexual assault case against Dominique Strauss-Kahn, who hoped to be the next French president, collapsed because what prosecutors believed was strong testimony deteriorated into a fabric of lies.

Gold dropped 2.4 percent on Tuesday from the record $1,917.90 it achieve the day before as investors moved out of safe-haven assets like precious metals and U.S. Treasuries for stocks and other riskier assets.

Hurricane Irene has grown stronger, and the storm is expected to further strengthen and strike the U.S. southeast coast by the weekend, possibly as a Category 3 or Category 4 storm. More than 60 million people from Florida to New York and Massachusetts could be impacted by the powerful storm.

Yoga for dogs? Introducing doga, the latest trend of dog and human yoga.

Ditch the gold epaulettes, riding crops and silk sashes -- and go native!

Kim and Kris are not having another wedding, but we are sure this simpler celebration will be exceptionally planned. Jason Binn and Colin Cowie are famed event planners and certainly know how to make a night memorable. It is reported that the color scheme of the event is olive, black, and white. Guests for the party include Kris Humphries' teammates from the New Jersey Nets.

Precious metals fell in early U.S. trading Tuesday, along with Treasuries, as investors appeared set to return to riskier assets like stocks.

Here is a brief rundown of important events around the world Tuesday morning, August 23, 2011.

Hurricane Irene continued its path of destruction on Monday with winds reaching up to 100 mph as it headed towards the U.S. The Category 2 storm left one million Puerto Rican people without power on Monday, wreaked havoc in the Dominican Republic, destroyed Richard Branson's Virgin Island home, and appears on a direct path for North and South Carolina.

Postmaster General Patrick Donahoe is proposing some dramatic changes to cut costs – including the firing of one-fifth of all employees (some 220,000 people) either through layoffs or attrition; the elimination of Saturday mail delivery; and the closing of nearly 4,000 post offices across the country.

More than 5,000 children and teens in the U.S. end up in the hospital after falling out of windows each year, medical records show. That ends up 14 children per day.

The Motown hitmaker and legendary songwriter Nick Ashford died on Monday at age 70, a friend and former publicist said.