Oil surges after Libya airstrike near oil terminal
Oil prices jumped to near 2-1/2 year highs on Wednesday after an airstrike near Libya's oil infrastructure kept the market braced for a prolonged disruption from the OPEC nation and worried unrest might spread to other regional producers.
Happy Birthday, Dr. Seuss! A look at his top five quotes
Here is a look at some of Dr. Seuss' most famous quotes from his books.
Senate Passes Two-Week Budget Extension, Shutdown Averted
The U.S. Senate approved a two-week budget extension on Wednesday that will allow congressional Republicans and Democrats additional time to negotiate how big budget cuts should be until September 30, the end of the 2011 fiscal year.
Fed's Bernanke: Budget cuts could trim 200,000 jobs
Federal Reserve Chairman Ben Bernanke said on Wednesday a Republican spending cut plan would not cause a big dent to U.S. economic growth, but could cost around 200,000 jobs.
Oil jumps after Libyan air strike near oil terminal
Oil rose on Wednesday as escalating violence in Libya threatened the OPEC nation's oil infrastructure and markets braced for a potential prolonged disruption.
Bombardier in $6.7 billion sales deal with NetJets
Bombardier Inc said on Wednesday it will sell as many as 120 aircraft to Warren Buffett's NetJets Inc, a deal that could be worth more than $6.7 billion and which sent its shares soaring 8.3 percent.
Wall St gains as jobs report offsets high oil
Stocks were slightly higher on Wednesday as strong labor market data offset the impact of continued high oil prices.
British Regulator Finds Broadband Ads Overpromise, Under-Deliver
U.K. Telecommunications Regulator Ofcom has found that broadband speeds are often half of what is advertised.
SEC poised to propose bonus and ratings curbs
Securities regulators were poised on Wednesday to propose a clampdown on bonus pay for Wall Street executives and to wean money market mutual funds off their reliance on credit ratings.
Pakistan's outspoken Christian lawmaker Shahbaz Bhatti falls prey to religious intolerance
Talibanism is on the rise in Pakistan and the government is helpless about it, Wednesday's ruthless assassination of Shahbaz Bhatti, the nation's only Christian lawmaker to hold a cabinet rank, has confirmed.
Knockoff Google Android Apps Pulled For Malware
A rogue Google Android developer by the name of Myournet took advantage of the company's openness by developing free mal-ware induced apps, which were direct rip-offs of popular apps.
Meet Charlie Sheen's goddesses: Rachel Oberlin and Natalie Kenly
Charlie Sheen stopped by the morning talk shows again Wednesday to introduce his two goddesses, Rachel Oberlin and Natalie Kenly.
Bank pay creeps over uneven regulation
International regulators have touted success at reining in bank bonuses, but creeping overall paychecks and an uneven global crackdown are threatening the reforms.
Fuel leak risk, electrical issues prompt Ford recall
Ford Motor Co recalled more than 31,000 vehicles due to the risk of a possible fuel leak and electrical issues, according to a posting on the National Highway Traffic Safety Administration website.
Staples misses estimates; sees better sales in Q1
Top U.S. office supplies retailer Staples Inc reported a lower-than-expected quarterly profit as inclement weather in many of its markets kept shoppers away.
Costco, BJ's Wholesale post strong February sales
February sales at Costco Wholesale Corp and BJ's Wholesale Club Inc surpassed Wall Street's expectations, driven by higher gasoline prices and shoppers' focus on bargains.
Staples misses; sees sales recovery ahead
Top U.S. office supplies retailer Staples Inc forecast a sales recovery in the current quarter after inclement weather weighed on sales and profits in the fourth quarter.
Wall Street gains as jobs report offsets high oil
Stocks were slightly higher on Wednesday as strong labor market data offset the impact of continued high oil prices.
NY Times expenses to rise, pay wall nearly ready
The New York Times Co forecast higher first-quarter expenses and said February print advertising revenue fell, though print ad trends are improving.
Federal budget, unemployment tied as top investor concerns: poll
The federal budget and unemployment were tied as top investor concerns, a poll showed, when asked to rate potential factors affecting the investment climate.
Kepler Finds Bizarre Systems
Among the new solar systems discovered by the Kepler spacecraft are planets that share orbits and one that orbits its star in a single day.
Retail sales growth continues in Feb, but slightly less robust than prior months: report
A report from SpendingPulse on national retail and services sales for the month of February has shown that growth continued in most sectors, but slightly less robust than prior months.
Rafael Nadal assures 100% fitness ahead of Davis Cup
ATP World No.1 Rafael Nadal has said that he is 100% fit after recovering from a thigh injury sustained in the Australian Open.
StanChart profit hits record as Asia booms
Profit at Standard Chartered <2888.HK> jumped 19 percent in 2010 and the Asia-focused bank said it was off to a record start this year as China, India and other Asian markets boomed.
Serena Williams suffers pulmonary embolism
People.com is reporting that tennis star Serena Williams suffers pulmonary embolism.
Berlin says EU finances draft good basis for talks
German Chancellor Angela Merkel said on Wednesday a European Union document laying out options for a deal on safeguarding euro zone states' public finances was a good basis for discussions at a March 11 summit in Brussels.
Charlie Sheen joins Twitter, posts pics of 'goddess'
As if Charlie Sheen's latest television tour and outrageous interviews weren't enough, the troubled actor started a Twitter account.
Private sector adds jobs in February
Private sector employers added more jobs than expected last month in a sign of steady improvement in the labor market, ahead of the closely watched non-farm payrolls report from the Labor Department on Friday.
Buffett sees uneven recovery, craves big deals
Billionaire Warren Buffett said the U.S. economy is coming back and does not need more stimulus, despite an uneven recovery that mirrors the fortunes of businesses at his company, Berkshire Hathaway Inc.
Apple gets set to unveil new iPad
More than a year after igniting the tablet computing craze, Apple Inc was preparing to unveil the second version of its blockbuster iPad on Wednesday -- possibly minus lead showman Steve Jobs.