Consumer spending breaks 10-month rising streak
U.S. consumer spending failed to rise in May, breaking 10 straight months of gains, as households struggled with rising prices and automakers could not deliver some popular models due to fallout from Japan's earthquake.
Wall St up as banks rally but gains could be brief
Stocks rose from three days of losses on Monday, led by banks after news of more favorable capital requirements and optimism over Greece's austerity plan, but investors cautioned against high hopes.
Video Game Industry Gets Huge Win Over California Law
The Supreme Court rules the State of California can't restrict the sale of violent video games.
Guinness World Record set by Smurf fans
Smurf fans came out in support of the new film, 'The Smurfs,' and set a Guinness World Record.
Blackstone asked for extra details on pay by SEC
Private equity and real estate firm Blackstone Group was recently asked by the Securities and Exchange Commission to provide extra information about how it remunerates its executives, according to regulatory filings made public on Monday.
Court strikes down minor violent video game ban
Governments cannot ban the sale or rental of violent video games to minors because it would violate free-speech rights, the U.S. Supreme Court said on Monday in its first ruling in a video game case.
Chatting, texts, now apps distract young drivers
NEW YORK (Reuters Life!) - First it was chatting, then texts. Now apps are distracting young drivers, with more than a third of college students at a U.S. university saying they use them while behind the wheel.
[PHOTO UPDATES] Floodwaters Recede in Minot, North Dakota, Slow Recovery Expected
The floodwaters, which reached a nearly record-breaking level of 1,561.7 feet above sea level, have been slowly receding, and the opening of three recovery centers in North Dakota were announced on Monday. Two centers will open in Minot, and one in Bismarck. Residents can register for disaster assistance online or by phone as well.
12 percent of US adults have e-readers, adoption outpaces tablets
E-reader ownership has increased to 12 percent from 6 percent between November 2010 and May 2011, according to a survey conducted by the Pew Research Center.
Monday Books Blog Report: The Creative Sandbox, Pottermore, and an Author Who Did It First
Those topics, four titles on Moammar Gadhafi, a cool stop-motion animation short and more in today's blog report.
Ericsson & Android App reconnect refugees with technology
Ericsson, Refugees United, UNHCR & MTN have launched their multi-country campaign to help reconnect lost refugees.
Supreme Court to decide police GPS tracking case
The Supreme Court is to rule on whether a 220-year-old amendment to the Constitution prevents police from using 21st century tracking technology to keep tabs on criminal suspects.
Prince Harry shoots down rumors of dating Pippa Middleton
Ever since the Royal Wedding on April 29, there was much speculation around whether Prince Harry and Pippa Middleton were dating.
TomTom guides lower again as consumers flee
TomTom, the Dutch technology company best known for personal navigation devices used by car and truck drivers, cut its 2011 outlook for the second time on Monday citing weak electronics markets.
Airbus set for multi-billion China order: sources
China could order dozens of Airbus jetliners during a visit by Premier Wen Jiabao to Berlin according to sources, but the deals are clouded by a spat between Beijing and Europe over aviation carbon tariffs.
Eminem goes violent again in video for Space Bound [video]
Space Bound deals with suicide.
British teen hacker suspect granted bail
A British teenager accused of attempting to hack the website of a national law enforcement agency and two music industry bodies was released on bail on Monday on the condition he does not try to access the internet.
BMO looking to hire investment bankers in U.S.
Bank of Montreal's BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory.
Second proxy firm advises RIM CEO/chairman split
Proxy adviser Institutional Shareholder Services on Monday joined calls for Research In Motion management to step away from leading the BlackBerry maker's board.
Vans 'Warped Tour' features Gym Class Heros, Simple Plan & Sum 41
Over 49,000 people were in Texas to kick off the Vans 'We Are Warped Tour' with performances in Dallas, Houston and San Antonio.
Blagojevich guilty on 17 counts
Former Illinois Gov. Rod Blagojevich was found guilty of corruption by a federal grand jury in Chicago
Tribune's creditors make final bankruptcy pitch
Two years after real-estate mogul Sam Zell's brief control of Tribune Co ended in bankruptcy, warring creditors made their final pitches on Monday for the best way to get the owner of the Los Angeles Times out of Chapter 11.
Asteroid 2011 MD barely misses Earth on Monday but real danger lurks in 2182
An asteroid, named 2011 MD, barely missed crashing on to the Earth's surface today, but the real danger awaits us in 2182 when a gigantic asteroid may be on a collision course with this planet, astronomers warn.
Wall St rebounds, led higher by banks
U.S. stocks rebounded from three days of losses on Monday, led by banks after regulators announced global capital rules that investors viewed as less as onerous as previously anticipated.
Wall Street rises as banks rally
Stocks rebounded from three days of losses on Monday, led by banks after regulators announced global capital rules that investors viewed as less onerous than previously expected.
Casey Anthony Trial Update: No Valid Method to Prove Human Decomposition, Claims Expert
Monday morning, after Casey Anthony's adequate competency to proceed in trial was confirmed, the first-degree murder trial has resumed in the midst of national attention, or rather addiction, to the unfolding mystery of 2-year-old Caylee Anthony's death.
After bin Laden, militants flood net with threats
Militants mourning Osama bin Laden have stepped up threats against targets in the West, taking their cue from an al Qaeda statement that followers in the United States and Europe are perfectly placed to strike.
Venture firms seek light green tech bets
Green is back in venture capital circles -- but call it light green.
NY Gay Marriage Hero Cuomo Won't Rule Out 2016 White House Run
Fresh off his victory of passing same sex marriage, Governor Andrew Cuomo said he's concentrating on his job as governor but won't rule out a run for the White House in 2016.
Tunisian Islamists withdraw from reform panel
Tunisian Islamist party Ennahda will not run in elections next month.