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Republican Dave Camp Rules Nothing Out for Debt Panel

A leading Republican lawmaker would not rule out tax increases on Thursday if they fostered economic growth, adding that "everything is on the table" for a U.S. congressional panel charged with forging a deal to cut the deficit.

Oil around $100 for 2 years, gold to scale new highs

Oil is likely to remain weak in the short term due to the sluggish global economy, while gold reaches new peaks on its increasing safe haven appeal and an expected further easing of U.S. monetary policy, a London-based fund manager said.

Nadal suffers Montreal meltdown, Djokovic wins

Rafa Nadal fluffed his lines on the return from five-week break when the Spanish world number two was stunned 1-6 7-6 7-6 by unheralded Croatian Ivan Dodig in his opening match of the Montreal Masters on Wednesday.

Djokovic begins reign as number one with wild win

Novak Djokovic's reign as world number one got off to a wild start as he scrambled to a 7-5 6-1 win over Russian Nikolai Davydenko at the Montreal Masters on Wednesday, improving his season record to a dazzling 49-1.

FIFA opens ethics probes into 16 officials

World soccer's governing body FIFA said it has opened ethics proceedings against 16 Caribbean soccer federation officials, following an initial probe into cash-for-votes allegations during this year's presidential election.

Warren Buffett buying in down market

Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.

James Cameron gives Hollywood 3D advice: try harder

Since director James Cameron's "Avatar" raked in $2.8 billion at global box offices, Hollywood has flooded theaters with wave after wave of 3D movies, but some industry watchers wonder if theatergoers are now drowning in it.

Frustrated Woods simply can't "let it go"

Tiger Woods offered a tantalizing glimpse of his old self at the PGA Championship on Thursday before the erratic play that has dogged him through the past, winless, two years returned to wreck his opening round.

Bomb kills five U.S. troops in southern Afghanistan

A roadside bomb killed five American troops in southern Afghanistan on Thursday, the U.S. military said, less than a week after American forces suffered their worst single loss of the Afghan war when Taliban insurgents shot down a helicopter.

Military loses contact with hypersonic test plane

An unmanned experimental aircraft designed to glide down from the upper atmosphere at 20 times the speed of sound lost contact with ground control on its second test flight on Thursday, a Pentagon agency said.

Name-change hassle turns newlywed into entrepreneur

It took three stressful trips to the motor vehicle department before newlywed Danielle Tate finally succeeded in changing her name. Her frustration unleashed a new business that has saved thousands of brides from the same headache.

White House rejects claim about bin Laden raid film

Moviemakers producing a film about the U.S. special forces raid that killed Osama bin Laden are getting help from the Pentagon, but the Obama administration dismissed concerns on Wednesday that classified information has been divulged.

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