Moody's: No progress on Japan fiscal policy consensus
Moody's Investors Service said on Tuesday it has seen no progress on a consensus between Japan's government and opposition on fiscal policy, suggesting that a sovereign debt rating downgrade was likely after it completes a review within the next three months.
India economy grows at slowest pace in five quarters
India's economy grew at its slowest pace in five quarters during the March quarter, as rising interest rates crimped consumption and investment, although the central bank is expected to continue tightening rates in its battle against inflation.
LA City Officials and Bribes - FBI Digs Deeper
The FBI is investigating corruption at the Los Angeles Department of Building and Safety, which is now suspected to be deeper than originally thought.
Japan recovery takes hold, but debt downgrade looms
Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo's ballooning debt back under control.
Mike Brown to be Announced Laker's Official Coach to Media
Mike Brown will officially be introduced to the media as the new Los Angeles Lakers coach Tuesday at 3 p.m.
Yemen on the verge of civil war after ceasefire-break
The truce between the tribal groups and the forces loyal to President Ali Abdullah Saleh has been broken and this has brought Yemen closer to a civil war.
Amsterdam to deny tourists access to marijuana-dispensing coffee shops
The Dutch government announced today that by end of this year the country's famed marijuana-dispensing coffee shops would start to close to tourists and be open only to Dutch citizens.
Egypt deports Iranian envoy, arested on suspicion of spying
Egypt deports Qassem Hosseini, an Iranian envoy, who was arested on suspicion of spying in Egypt, state news agency Mena reported.
IMF candidate Carstens urges tough euro zone plan
A non-European head of the International Monetary Fund could mean a tougher, more realistic action plan for the euro zone debt crisis, Mexican central bank chief Agustin Carstens said in newspaper interviews on Tuesday.
Sony: PlayStation recovery delayed in parts of Asia
Sony Corp said on Tuesday it was not certain when it could fully restore PlayStation Network videogame services in Japan, Hong Kong and South Korea, five weeks after a massive network security breach forced the company to shut them down.
Google: Chrome for notebooks only for now
Google Inc, the world's No 1 Internet search engine, will keep the focus of its Chrome operating system on notebooks for now, a senior executive said on Tuesday.
Euro at 3-week high vs dollar, Japan data lifts Nikkei
The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from a March earthquake.
Goldman traded $1.3 billion in Libyan funds: report
Goldman Sachs invested more than $1.3 billion from Libya's sovereign-wealth fund in currency bets and other trades in 2008 and the investment lost more than 98 percent of its value, the Wall Street Journal reported, citing internal Goldman documents.
Zuma's pan-Africa diplomacy fails to convince Gaddafi again
Talks between South Africa’s President Jacob Zuma and Libya’s Col. Muammar Gaddafi ended on Monday without a sign of peace.
Killer E. coli outbreak spreads to north European countries
An E. coli outbreak, which is linked to contaminated cucumbers that has killed 14 people and made more than 300 seriously ill in Germany, has spread to other north European countries, Reuters reported.
North Korea Releases Californian Businessman Jun Young Su from Captivity
North Korea released a Californian businessman who had been imprisoned since November 2010 on charges of proselytizing.
Ford to make cars smarter with Google API technology
Carmaker Ford Motor is harnessing the power of cloud computing, analytics and Google innovation to make smart cars.
EU works on Greek bailout; Germany may ease resistance
The European Union is racing to draft a second bailout package for indebted Greece to release vital loans next month and avert the risk of the euro zone country defaulting.
Sony: Japan must await PlayStation network restoration
Sony Corp said on Tuesday it would restore all PlayStation Network videogame services by the end of the week except in Japan, Hong Kong and South Korea, weeks after a massive security breach leaked details on 77 million user accounts.
Upset hackers attack PBS website, say Tupac Shakur alive
PBS website was hacked and login and password information have been posted with fake news that says murdered rappers Tupac Shakur and Biggie Smalls are alive in New Zealand on Sunday after it televised its Frontline: Wikisecrets - a recent documentary on Wikileaks.
Japan recovery takes hold as firms plan to boost output
Japan's economy showed more signs of recovery from the deadly March earthquake and tsunami with last month's industrial output inching up and manufacturers planning to crank up production further in May and June, bringing it near pre-disaster levels.
Euro at three-week high versus dollar, Japan data lifts Nikkei
The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from the March earthquake.
Activist video shows Anti-Gaddafi protests in Tripoli
Protesters in Tripoli are on the rise, said activists, since a video on the Internet on Monday showed hundreds of angry funeral mourners shouting slogans against the Libya’s Muammar Gaddafi.
Mountain Dew Causes Seizure in ADHD Teen
A teenager with ADHD suffered a seizure after consuming two 24-ounce bottles of Mountain Dew.
Pasona’s Eco-Office: Would you like to work in this kind of office? (VIDEO/PHOTOS)
What image do you have in mind when you think of a business building? Are you tired of desolate scenes of people working before computers in a concrete jungle? Pasona, an internationally renown personnel outsourcing firm for its Urban Farm, the eco-office, breaks the typical perception about business offices.
Apple iPhone 5 and 4S 8MP camera and SIM less design coming soon
Speculations have been rising about the iPhone 4S and iPhone 5 arrival dates as well as upgraded hardware specifications. The iPhone 4S will also come with an 8 megapixel camera along with a SIM built-in design, which will not require SIM cards. Though there were contradictory reports that UK carrier Orange is developing new and smaller micro-SIM cards for Apple.
World's most expensive Apple iPad Apps for sale at $1,000
Search through the Apple App Store and you may find an app called BarMax CA listed with an outstanding price tag of $999.99. The BarMax CA and NY app works on both the iPhone and iPad, allowing law students to study for bar exams. The app includes videos that were co developed with Harvard lawyers that includes lectures, flashcards, over a thousand MBE practice questions, a task list feature, and calendar.
Brent oil, below $115, set for worst month in a year
Brent crude oil fell below $115 a barrel on Monday, heading for its first monthly decline this year, as investors weighed the prospect that Europe's debt crisis and a sputtering U.S. economy may slow demand.
Lagarde pledges IMF reform in bid to woo Brazil
French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a worldwide tour on Monday to win support for her candidacy to lead the global lender.
Harry Potter franchise ends: cast says goodbye in one word
Empire Magazine has released an interview video as part of their commemorative issue on the Harry Potter movie franchise. The video clip shows selected cast members summing up their experience on working with the Harry Potter films in one word.