GLOBAL MARKETS-Japan stocks slip on US economy fears; gold rises
Japanese stocks slipped on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier but there were few fresh factors to have a bearing.
U2 Rocks in Mexico City; Bono Blasts U.S. Weapons Smuggling [PHOTOS]
Irish band U2 performed three concerts in Mexico City´s Azteca stadium as part of their 360 Tour on May 11, 14, and 15 as lead singer Bono met with President Felipe Calderon to discuss the nation's growing drug-related violence and poverty.
Asia stocks mixed on signs of U.S. recovery
Asian stocks were mixed on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier.
Nvidia head sees Android beating Apple
Tablets using Google's Android platform could overtake Apple Inc's red-hot iPad within three years as improved versions and more applications hit the market, the head of chip designer Nvidia said.
Dominique Strauss-Kahn sexual assault charges brings previous sex scandals into focus
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, was refused release on bail on charges of attempting to rape a hotel maid because he is considered a flight risk. As this allegation emerged, prosecutors are working to verify similar previous incident reports on sex charges against him.
Nasdaq leads Wall Street lower on economic worry
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of U.S. economic weakness.
Swift wins sprint in abbreviated Tour of California opening stage
Ben Swift won the final sprint into the State's Capitol on an abbreviated opening stage of the 2011 Amgen Tour of California. The Team Sky leader rode his team's lead out train to edge out Liquigas' Peter Sagan and HTC-Highroad's Matthew Goss.
Highlights: Comments after euro zone finance ministers meet
Euro zone finance ministers approved a 78 billion euro ($110 billion) bailout for Portugal but as a condition of the deal insisted that Lisbon ask private bondholders to maintain their exposure to its debt.
Top 12 iPhone 5 rumors and leaks including mini iPad (PHOTOS)
There are many rumors and leaks concerning iPhone 5 making rounds in the Internet. The latest scoop is this. According to hankooki.com, a popular Korean daily, iPhone 5 will be a “mini iPad”, with a bigger edge-to-edge display.
Libya says telecoms staff to act shield against NATO
Libya said Monday that tens of thousands of telecoms workers would act as human shields to deter NATO strikes on communications infrastructure, which it said had inflicted serious financial damage.
Winklevoss twins lose bid to reopen Facebook case
The twin brothers who accused Facebook Inc and founder Mark Zuckerberg of stealing their idea for the social networking website lost their bid to have a U.S. court void a multi-million dollar settlement of their claims.
Toyota can be sued for economic losses: judge
Owners of Toyota Motor Corp <7203.T> vehicles that were recalled over unintended acceleration may pursue claims against the automaker that the problem caused the value of their cars to fall, a federal judge ruled on Monday.
Biofuels can be dirtier than fossil fuels
Biofuels may pollute the environment much more heavily if the process used to make them isn't done in the right way, researchers say. Conventional fossil fuels may sometimes be much greener than their biofuel counterparts, according to a new study.
AOL expands local news network in U.S.
AOL Inc is expanding its local news network, Patch, with the launch of 33 sites in targeted states as the United States gears up for a national election.
Obama oil plan aims to hush rancor in Congress
President Barack Obama's new plan to expand oil production in the Gulf of Mexico and Alaska is an attempt to deflate Republican criticism that he's not doing enough to expand drilling and appeal to voters as they struggle with high energy cost.
Apple retail stores to launch top secret 10th anniversary bash
It has been 10 years since Apple opened its two retail stores on May 19, 2001. There are big expectations on how the world's most valuable brand will celebrate this coming weekend's bash, possibly introducing a new product or revamping the store displays including storefront design that showcases their iPad 2 and MacBook Airs. Planning for the event is top secret thus far, involving restricted electronic communication among staff, password encrypted data, and black curtains.
Chrysler expected to downsize, up pricing on loan
NEW YORK, May 16 - Chrysler Group LLC is widely expected to downsize and raise pricing on its $3.5 billion institutional loan ahead of its commitment deadline on May 18, sources said on Monday.
Santana Blasts Georgia's Immigration Law
Carlos Santana blasted Georgia's new immigration law as being anti-American on Sunday.
New York aims to be the Next Top Digital City in America
Through official partnerships with Twitter, Facebook, and NY-based startups Foursquare and Tumblr, New York City aims to be the top digital city in America. The city's first chief digital officer, Rachel Sterne, joined Mr. Bloomberg in presenting the Road Map for the Digital City, and how to expand its online presence.
RIM Recalls PlayBooks In Another Misstep
Approximately 1,000 PlayBook tablets were recalled by RIM as the company's stock plunges to its lowest total in more than two years.
Unstoppable Djokovic sinks Nadal at Rome Masters
Novak Djokovic's season is increasingly looking like a tennis player's dream. On Sunday, he romped to a straight-set victory over world number one Rafael Nadal in the final of the Rome Masters, continuing his magnificent unbeaten run.
Sony’s ‘Welcome Back’ Package For PSN Users Includes Free Games
Sony introduces its Welcome Back package, which includes free games, free movie rentals and more.
France wants minimum 2.5 bln euros from 4G auction
France will raise at least 2.5 billion euros ($3.6 billion) auctioning next-generation wireless frequencies used to deliver data for apps on tablet computers and smartphones, a lucrative and fast-growing market.
Sexy supermodel Gisele Bundchen Intimate collection lingerie fashion show (PHOTOS)
Gisele Bundchen, one of the hottest supermodels in the world, recently strutted her stuff at a lingerie show called Gisele Bundchen Intimate collection by Hope Lingerie in Sao Paolo, Brazil.
Nasdaq leads Wall St lower on economic worry
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of U.S. economic weakness.
Obama Administration Gets Serious About Cyber Security
Members of Obama's administration outlined their plans for cyber security.
Google debuts in high-grade bond market with $3 billion deal
by Andrea Johnson and Danielle RobinsonBRADENTON/NEW YORK, May 16 - Google Inc hit the U.S. bond market on Monday with its high grade market debut, selling $3 billion of 3-year, 5-year and 10-year notes that take advantage of low borrowing rates.
Geithner Letter to Congress Targeting Pensions as Debt Limit Reached - May 16, 2011 (FULL TEXT)
U.S. Treasury Secretary Timothy Geithner sent the following letter on May 16, 2011 as the U.S. hit its legal debt limit.
Nasdaq sinks, S&P edges below support
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of the U.S. economy.
Pensions targeted as U.S. hits debt ceiling
The U.S. stopped fully investing in a pair of U.S. federal employee retirement funds on Monday as the federal government reached its legal debt limit.