Lockheed space unit to cut about 1,200 jobs
Lockheed Martin Corp's space systems unit said on Tuesday it would cut 1,200 workers, or about 7.5 percent of the division's total workforce, by year's end to reduce costs and improve its competitive standing.
Solar event that may have caused last ice age happening again?
New data released Tuesday at the annual meeting of the solar physics division of the American Astronomical Society in Las Cruces, New Mexico, may suggest that we are headed towards a solar event that hasn’t happened in hundreds of years.
Bernanke, Obama warn as lawmakers meet on budget
The chairman of the Federal Reserve warned on Tuesday that a failure to lift the government's borrowing limit could risk a potentially disastrous loss of confidence, giving further impetus to the latest round of deficit-reduction talks by top lawmakers.
California judge sides with Rambus on shredding
Rambus successfully fended off an attempt by opponents in an upcoming $4.38 billion antitrust trial to use a recent negative court ruling over document shredding against the chipmaker.
Google shows features to speed up Web searches
Google Inc unveiled new features and technology to speed up Web searches and to make it easier for people to use its flagship search engine as they increasingly access the Internet from handheld mobile devices.
Yemeni blogger seeks Swedish asylum after threats
A Yemeni blogger said on Tuesday she has applied for political asylum in Sweden after receiving death threats for her criticism of President Ali Abdullah Saleh and fears growing violence in her homeland.
Citi looking for Manhattan office space: sources
Citigroup Inc is in the early stages of looking for about 1 million square feet of office space in Manhattan and considering space at the World Trade Center site and at the Hudson Yards, according to two people familiar with the matter.
Losing Retail Chief A ‘Meaningful Loss’ For Apple
Ron Johnson was a MVP for Apple and will not be an easy guy for the company to replace.
Several people tipped Barai fund: U.S. insider trial
About eight people besides a Taiwan-born technology consultant who is on trial for insider trading provided stock tips to Barai Capital Management, a former employee of the hedge fund testified on Tuesday.
BBC Condemned for Unbalanced Assisted-Suicide Documentary
Pro-life and religious organizations condemned the BBC for broadcasting a controversial documentary on a man’s assisted suicide Monday evening.
LeBron James minor league bashing: Replica ring, MVP, chocking courses
LeBron James has been bashed in the media for his poor basketball play, quitting on the Cavs, quitting on the Heat in the fourth quarter, post-game pouting, and now the Miami Heat's star player is being based by Chicago Cubs minor league affiliate Peoria Chiefs.
Staying Positive with Jesse Eisenberg Video
Staying Positive with Jesse Eisenberg, the newest addition to the comedy video Web site Funny Or Die, is the show every tween girl needs, according to the Huffington Post.
SummerStage shows soul in New York
The 2011 SummerStage keeps the tradition going, as it marks its 26th year in the celebration of outdoor musical and theater performances.
Exclusive: Hacking blitz drives cyberinsurance demand
The recent string of sensational hacker attacks is driving companies to seek cyberinsurance worth hundreds of millions of dollars, even though many policies can still leave them exposed to claims.
Exclusive: Terrestar nears $1.2 billion-plus bid pact: sources
Bankrupt telecommunications company Terrestar Networks Inc is nearing a minimum bid agreement of $1.2 billion to $1.4 billion and is likely to go with an offer from billionaire Charlie Ergen, chairman of Dish Network Corp , according to sources with direct knowledge of the situation.
No wedding bells for Hugh Hefner, wedding to Crystal Harris called off
People.com is reporting that Hefner and Crystal Harris have called off their wedding.
Google Ups Desktop Search With Instant Pages, Voice and Photos (VIDEO)
Google adds a few new features to search on desktops.
Apple's head of retail to become Penney CEO
Department store chain J.C. Penney Co Inc is bringing in the man who oversaw Apple Inc's wildly successful foray into bricks and mortar stores as its new chief executive, news that sent Penney shares up 17 percent.
Winklevoss vs Facebook court clash lives on
It may take the Supreme Court to end a years-long battle between a pair of Olympic rowing twins and Facebook Inc founder Mark Zuckerberg.
Old surgeon escaped small plane crash
Antenor Velazco, a 63-year-old orthopedic surgeon on his way to obtain his pilot license, barely eloped from his plane before it exploded into flames Tuesday afternoon.
Consumers spend less, recovery seen on horizon
Consumers have not pulled back aggressively despite the recent slowdown in the economy, retail sales data showed on Tuesday, and falling gasoline prices should support growth in the months ahead.
Bernanke warns of crisis if debt limit not raised
Federal Reserve Chairman Ben Bernanke warned on Tuesday that a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness.
Garmin buys navigation co for Europe boost
Garmin Ltd said it signed a deal to buy Germany-based navigation provider Navigon AG for an undisclosed sum as it looks to expand in Europe.
Regulators moves to delay swaps crackdown, bolster banks
U.S. regulators threw a temporary bridge across the increasingly awkward gap between the idea of regulating the $600-trillion swaps market and the reality of actually doing it.
26-year-old Triplets have baby boys just days apart
Only 1 in 8000 women give birth to triplets. Even rarer is when those triplets grow up and coincidentally have babies at the same time!
Duo robbed and shot Dekalb cop
An off-duty police officer was shot in the buttocks during a robbery at an apartment complex in Stone Mountain.
Game of Thrones Sean Bean gets stabbed outside London bar
Tough guy Sean Bean got himself in a really tough situation.
AMD launches new chips, challenges Intel
Advanced Micro Devices, nearing half a year without a chief executive, is launching new processors aimed at mainstream personal computers and challenging rivals Intel and Nvidia.
Playboy founder Hugh Hefner Calls off Wedding to 25-year-old Playmate
85-year-old Playboy founder Hugh Hefner's fiance Crystal Harris called off their wedding, just days away.
Wall Street rebounds in oversold market
Stocks posted their biggest gains in nearly two months on Tuesday as retail sales figures allayed fears over the economy that had driven a six-week slump in the market.