Microsemi Says Could Walk Away from Zarlink Bid
Chipmaker Microsemi Corp(MSCC.O) has dared takeover target Zarlink Semiconductor (ZL.TO) to show it can get a bid higher than the C$550 million ($561 million) it has offered, saying it is willing to walk away from the bid.
EU Sanctions Target Syrian Oil Companies
The European Union imposed a ban on purchases of Syrian oil on Saturday and targeted three Syrian firms in an expanded sanctions list meant to intensify pressure against President Bashar al-Assad's government.
Pakistani Taliban Claim Kidnapping Up to 25 Boys
Pakistani Taliban on Saturday claimed responsibility for holding up to 25 boys hostage as punishment for tribesmen who supported the military in the country's troubled northwest.
Foul Play Ruled Out in Deaths at California Mansion
A woman found hanged, bound and nude at the estate of a prominent pharmaceutical executive in July -- two days after the fatal fall of the executive's young son -- committed suicide, police said on Friday.
New Congress Deficit Panel Sets First Meeting
A newly-formed congressional panel on deficit reduction next week will kick off months of arduous negotiations that will be closely watched by financial markets hoping for a deal that puts the United States on an improved fiscal path.
Analysis: Mix of Measures More Likely in Obama Jobs Plan
Poor U.S. jobs figures on Friday put President Barack Obama on the spot to create a viable jobs plan in a speech to Congress next week that may help determine whether he wins re-election or not.
Palin Sees Room for More White House Candidates
Former Alaska Governor Sarah Palin said on Friday there was room for more candidates in the presidential race, but stopped short of announcing whether she would launch her own bid for the White House.
Death of Drug Company CEO's Girlfriend Ruled Suicide
The death of a woman found hanged, bound and nude in July at the estate of a prominent pharmaceutical executive -- two days after the fatal fall of his young son -- was ruled a suicide, police said on Friday.
Goldman Faces Myriad Legal Challenges
Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.
Forbes Top 10 Richest People in the World
Mexican tycoon Carlos Slim is the richest person in the world for the second year in a row, Forbes said on Wednesday.
Obama Warns Hurricane Irene Flooding Could Worsen
U.S. President Barack Obama on Sunday warned that flooding from Hurricane Irene could worsen as rivers flood their banks and said federal recovery efforts would last a few weeks.
Irene Floods Northeast, Manhattan Spared the Worst
Hurricane Irene swept through Manhattan on Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States where driving rain and flood tides inundated homes and cut power to millions.
Libyan Forces Close in on Gaddafi's Home Town
Libyan forces closed in on Muammar Gaddafi's home town Sunday, vowing to seize it by force if negotiations failed, and their leaders ruled out any talks with the deposed ruler.
Obama Speaks with Top Aides on Hurricane Irene
President Barack Obama held a conference call on Saturday evening as Hurricane Irene pounded the U.S. East Coast and scoured north toward New York.
Obama and Merkel Vow Action on Global Economic Woes
U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.
Big-Hitting Johnson Makes Winning Look Easy
Big-hitting Dustin Johnson won a final-round duel with holder Matt Kuchar to win The Barclays Saturday and the runner-up sounded like it was almost unfair.
Angels' Long Bombers Sink Rangers
The Los Angeles Angels launched five home runs in a crucial 8-4 victory over Texas on Saturday to reinvigorate their pursuit of the first-place Rangers in the American League West.
Reese Makes First Jump Count to Retain Title
American Brittney Reese successfully defended her world long jump title with her first and only legitimate jump of 6.82 meters on Sunday.
American Hardee Retains World Decathlon Title
American Trey Hardee retained his world decathlon title on Sunday after overhauling compatriot Ashton Eaton with third place in the discus.
Bolt and Bekele Beaten as Blake Takes 100
Usain Bolt and Kenenisa Bekele relinquished their world titles on Sunday when the world's fastest man and the most successful distance runner false-started and failed to finish in the 100 and 10,000 metres finals.
Stocks Rise, Dollar Dips on Bernanke Comments
World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.
London Actor Wins Comedy Award at Edinburgh Fringe
Five years of solo comedy performances on the Edinburgh Fringe finally paid off for London-based actor Adam Riches Saturday when he won the festival's top comedy award.
Obama Declares August 26 Women's Equality Day
President Barack Obama declared August 26 -- the 91st anniversary of the Constitutional amendment that granted women the right to vote -- Women's Equality Day in a proclamation on Thursday.
J&P Submits Low Bid for 50 MW Greek Solar Park -PPC
Greek construction firm J&P Avax (AVAr.AT) is the frontrunner to build a 50 megawatt solar facility in southern Greece, which would be one of Europe's biggest photovoltaic parks, utility PPC (DEHr.AT) said.
Algeria Denies Mercedes Convoy Enters from Libya
Algeria's Foreign Ministry denied on Saturday a report that a convoy of six Mercedes cars had crossed its border from Libya.
Irene Cuts Power to 3.3 mln, Shuts Nuclear Plants
Hurricane Irene knocked out power to 3.3 million homes and businesses along the U.S. East Coast, forced two nuclear plants to shut and idled oil ports and refining as it approached New York City early on Sunday.
Obama Visits FEMA as Irene Nears Washington
President Barack Obama visited Federal Emergency Management Agency headquarters on Saturday to get an update on preparations for Hurricane Irene as it charged north along the U.S. East Coast.
'Act now' to Save Global Recovery, IMF Chief Urges
The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
Ferocious Hurricane Irene Batters New York
Hurricane Irene battered New York with ferocious winds and driving rain on Sunday, shutting down the U.S. financial capital and most populous city, halting mass transit and causing massive power blackouts as it churned slowly northward along the eastern seaboard.
Quake? Irene? TV Crew Wants to Keep Building in Delaware
Building a house in a week is always a challenge for the 60 crew members who work on the ABC reality show Extreme Makeover: Home Edition, but this week they faced a double whammy: first an earthquake, then a 600-mile wide hurricane named Irene.