Moody's cautious about U.S. deficit cuts plan
Ratings agency Moody's Investors Service on Monday warned it might also downgrade the U.S. government's credit rating if its planned measures to reduce its budget deficit turned out to be not credible after all.
France, Britain AAA-ratings under scrutiny after U.S. cut
France and Britain are most vulnerable within Europe to a rating review following the U.S. downgrade, with anemic growth and hefty borrowing placing them among the shakiest of the world's triple-A rated lenders.
Pierre Cardin Launches a Fashionable Tablet Computer
Up until now, Apple's iPad has largely monopolized the tablet market, but not any more. Pierre Cardin has just come up with a tablet computer which focuses on being fashionable as well as useful.
Everyone Wants a Piece of the 'Throne'; Jay-Z, Kanye West Revel in Royalty
Rappers Jay-Z and Kanye West's highly anticipated collaboration, "Watch the Throne," was released at midnight Monday on iTunes in standard and deluxe forms. The album hits stores on Aug. 12, a move that was reportedly criticized by independent retailers.
Tyson Foods profit down on higher feed costs
Tyson Foods Inc reported a smaller quarterly profit due to higher feed costs for its chickens and higher prices for the cattle and hogs it buys for its beef and pork plants, and the company expects its chicken business to post a loss in the current quarter.
Apple's Latest Lawsuit: Mac OS X Fast Booting Claimed to Violate Former LG Patent
The latest in a seris of patent lawsuit against Apple has to do with the fast booting feature of Mac OS X.A Florida company Operating Systems Solutions, LCC has filed a patent infringement lawsuit against the tech giant for Mac OS X startup process.
Juno?s Next Stop: The Solar System?s Biggest Planet
Juno's mission is to unlock the mysteries of Jupiter, the solar system's biggest and most mysterious planet.
Wall Street sinks after S&P downgrade
Stocks tumbled on Monday, the first session after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, further unnerving already-skittish investors.
S&P's U.S. Debt Downgrade: Is it the Right Move ?
Credit ratings agency S&P threw a monkey wrench in the works by downgrading its long-term credit rating for the U.S. from AAA to AA+, just days after President Obama signed a debt-limit compromise.
Boeing's First 787 Dreamliner Expected to Revolutionize Air Travel
The Boeing 787 Dreamliner finally debuted Saturday after three years and billions of dollars were spent on the plane expected to revolutionize air travel.
Lea Michele, Yes For 'Glee,' No For 'Funny Girl'
This is not a complete lost for Lea! She has lots of work to keep her busy. Despite raving rumors, Michele, Cory Monteith, and Chris Colfer will be "Glee" season 3 and will make recurring appearances in future seasons. In fact, Lea Michele missed the 2011 Teen Choice Awards because of filming this third season.
FAA Update: IRS Says No Tax Refunds For Ticket Holders
The Federal Aviation Association issued a statement Friday that no refunds will be given for ticket holders who flew during the temporary FAA hiatus. Meanwhile, airlines will not be able to keep the $400 million windfall in increased ticket prices; says IRS is to blame.
FBI Launches Child ID App
Worried about losing your kid? Fear not, the FBI has released a Child ID app.
Diana Nyad: U.S. Swimmer Insane Training Schedule at 61 [PHOTOS & VIDEO]
"I also want it to be a moment for thousands, and I dare say millions of people my age, who are going to look and say, '60!'" Diana Nyad, U.S. long-distance swimmer, told CNBC Sunday morning. Nyad's personal test began at 7:45 p.m. ET when she plunged into the ocean and began her 103-mile swim between Cuba and Florida.
New smart phone app lays bare Londinium
Finding London's Roman ruins amid the tangled network of streets and lanes that make up the ancient part of a contemporary city is a challenge for even the most experienced urban explorer.
ECB backs Italy, Spain in bid to halt euro crisis
The European Central Bank intervened dramatically in bond markets on Monday, backing up a verbal pledge to support Spain and Italy with action in an attempt to avert a financial meltdown in the euro zone.
Oil falls more than 3 percent after U.S. downgrade
Oil dropped more than 3 percent on Monday, as worry about an economic slowdown spread after Standard & Poor's cut the United States' top-tier credit rating late on Friday.
Apple Silently Releases $999 iMac for Educators, OS X Lion Preinstalled
Today Apple launched a low-spec iMac to the educational market, rather quietly.The 21.5-inch desktop is priced at $999, $200 cheaper than the regular entry-level iMac of the same size. It is available only to education institutions.
Arsenal Transfer Rumours - Mertesacker, Cahill, Chamberlain and Campbell
Arsenal are close to signing the much-vaunted Alex Oxlade-Chamberlain from Southampton, with widespread reports stating that the player has already undergone a medical at the club, while Gary Cahill and Per Mertesacker are also linked.
Taylor Swift, Selena Gomez Win Big at Teen Choice
Country sensation Taylor Swift and actress/singer Selena Gomez caught major waves at the Teen Choice awards on Sunday, with Swift scooping up six surfboard trophies including one for Ultimate Teen Choice.
Texas Drought Will Harm Ecosystem for a Long Time [PHOTOS]
The worst year-long Texas drought on record will have a lasting impact on the entire ecosystem, according to wildlife biologists.
Facebook's Danger on Kids' Health And How To Prevent It: Psychologist's Guidance for Parents
Facebook doesn't just alter the way you communicate, but it may be changing who you are entirely. The impact of continuous Facebooking is harming the lives of teens, a set of new studies revealed.
ECB backs Italy and Spain in bid to halt euro crisis
The European Central Bank intervened dramatically in bond markets on Monday, backing up a verbal pledge to support Spain and Italy with action in an attempt to avert a financial meltdown in the euro zone.
Wall Street dives after S&P downgrade
Stocks tumbled on Monday, tracking a sharp drop in global equity markets after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.
Oil tumbles as U.S. downgrade spurs growth concerns
Oil fell more than $4 a barrel on Monday as worries over economic growth spread after Standard & Poor's cut the United States' top-tier credit rating and European central banks struggled to contain a deepening debt crisis.
Charity Calls Exercise a ?Wonder Drug? for Cancer Survivors, Why?
The 'Move More' report, launched by the Macmillan Cancer Support, said breast cancer patients' danger of the disease recurring could be decreased by 40 percent if they took the recommended daily levels of physical exercise.
Transatlantic shares rise after Berkshire bid
Shares in reinsurer Transatlantic Holdings rose more than 8 percent on Monday despite broad and deep market declines, after Warren Buffett's Berkshire Hathaway made an unsolicited offer over the weekend to buy the company.
Selena Gomez Performs At Teen Choice Awards [VIDEO & PHOTOS]
Selena Gomez and the Scene graced the stage Sunday night at the Teen Choice Awards. The young singer and her band performed their latest single, "Love You Like A Love Song," at the Gibson Amphitheatre. The audience was on their feet clapping as she sung her tune. Dancing with the rest of the crowd was Selena's boyfriend, Justin Bieber, and Demi Lovato, in her first award show since her three-month rehab visit and public meltdown.
Wall Street set to dive after S&P downgrade
Wall Street was set to track a sharp drop in global equity markets on Monday after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.
ABC Bids Adieu to 'Desperate Housewives'
"Desperate Housewives" all stet for the 8th and final season.