Jaguar to build $1.5-mln hybrid supercars
Luxury carmaker Jaguar has put its hybrid supercar concept into production, the company said in a statement on Friday.
Sony says has removed data stolen by hackers and posted online
Sony said on Saturday it had removed off the Internet the personal details of 2,500 people that had been stolen by hackers and posted on a website.
Anwar Al-Awlaki: 9/11 Was An 'Accident' [VIDEO]
Anwar al-Awlaki, the U.S.-born radical cleric who was reportedly targeted this week by an American drone missile, called the September 11, 2001 attacks an accident just two days after they occurred.
Volcker warns of danger from U.S. deficits
Former Federal Reserve Chairman Paul Volcker warned on Friday that trillion-dollar deficits posed a threat to the stability of the U.S. economy and the dollar, and said he is frustrated by the gridlock in Washington.
Goldman sees new oil rally
Goldman Sachs, which in April predicted this week's major correction in oil prices, said on Friday that oil could surpass its recent highs by 2012 as global oil supplies continue to tighten.
Oil crash pits floor veterans versus computer algorithms
A day after oil prices plunged an unprecedented $12 a barrel, a New York trader sat on the steps of the dormant oil futures pit, playing a word game on his tablet computer.
Goldman Sachs CEO Lloyd Blankfein is cordial but sniffly
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was in good spirits on Friday at his firm's annual meeting, despite battling some testy shareholders and what seemed to be a cold.
In commodity rout, more traders getting in than out
When commodities melt down as abruptly as they did on Thursday, the first assumption is that big investors dumped massive long positions.
Greece leaving euro zone not discussed: Juncker
Finance ministers from Germany, France, Italy and Spain did not discuss Greece leaving the euro zone or the possibility of a Greek debt restructuring during a meeting in Luxembourg on Friday, Eurogroup Chairman Jean-Claude Juncker said.
Commodities' drop curbs risk appetite
Stock investors head into next week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.
Fannie Mae seeks $8.5 billion from taxpayers
Mortgage finance giant Fannie Mae on Friday said it would ask for an additional $8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.
Greece denies may quit euro
Top finance officials of the euro zone's biggest economies met to discuss Greece's debt crisis on Friday and Athens denied a media report that it was considering whether to leave the bloc.
When is Buddha's Birthday? Celebration Preparations [Photos]
Some Buddhists are preparing to celebrate the Buddha's birthday next week. The traditions and exact dates of the celebrations vary. However the birth is mostly celebrated at the same time in various east Asian nations with the exception of Japan.
Mexico mayor eyes new mobile quake alert this year
The mayor of Mexico City, a quake-prone metropolis of 20 million people, said on Friday he is planning a warning system that will send alerts directly to mobile phones seconds before an earthquake strikes.
Jerry Seinfeld posts greatest hits on website
Jerry Seinfeld loves breakfast cereal, Superman and stand-up comedy. And on Friday he launched a website dedicated to one of those passions.
Fed officials show in no rush to scale back stimulus
Two Federal Reserve officials on Friday stressed there will be no rush to roll back the U.S. central bank's super-easy monetary policy with the labor market still healing and inflation expectations largely in check.
PIMCO would only buy Treasuries on recession risk
PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his short position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
PIMCO will purchase Treasuries on recession risk
PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his short position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
Discovery and Oprah ax OWN CEO Norman
Discovery Communications Inc and Oprah Winfrey have pushed out Christina Norman as chief executive of OWN, the Oprah Winfrey Network, after a tough start for the five-month old cable network.
Visitors flock to Bin Laden's final home, Abbottabad compound
Visitors are continuing to flock to the compound in Abbottabad, Pakistan where Osama bin Laden was killed on Sunday and the Al Qaeda chief’s final hideout is becoming a ‘ghoulish’ tourist attraction.
OPEC delegates see oil price fall as welcome
Oil's sharp slide this week is welcome because high prices may hurt the world economy and in the longer term accelerate the use of alternative fuels, OPEC delegates said on Friday.
JPMorgan in talks with SEC to resolve probe
JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007, a case that highlights a rare misstep by Chief Executive Jamie Dimon.
Oil falls again, gutted in record weekly drop
Oil fell on Friday to cap a frenzied trading week that sliced prices by a record of more than $16 a barrel on demand worries and a move by investors to slash commodities exposures.
Bruins-Flyers Preview: No Time To Look Back For Boston in Game Four
The Boston Bruins look avoid making infamous history two years in a row.
Stealth Helicopters Used In Bin Laden Raid
At least two of the helicopters used in the raid on Osama bin Laden's compound seems to have been a new stealth design, according to several reports emerging from the scene. The use of such helicopters may have been key to the success of the operation that resulted in bin Laden's death.
Navy SEALs Brief Obama on Bin Laden Mission
Navy SEALs that killed Osama bin Laden briefed President Barack Obama in a private meeting on Friday, as the President told the troops involved job well done.
Jobs report helps Wall Street salvage sour week
An unexpectedly strong report on U.S. payrolls helped equities bounce back on Friday from four days of losses, tempering worries that stocks could suffer
Art or graffiti? Art in the Streets stirs controversy
The Museum of Contemporary Art in Los Angeles is stirring things up with their new exhibition on graffiti and street art.
Endeavour Gets Pushed Back 10 More Days, Mid-May Targeted
The space shuttle is now delayed until at least May 16.
Oil gutted in record weekly drop
Oil fell on Friday to cap a frenzied trading week that sliced prices by a record of more than $16 a barrel on demand worries and a move by investors to slash commodities exposures.