Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
Michael Jackson fans cheered and his family members hailed as a triumph the verdict that found Dr. Conrad Murray guilty of involuntary manslaughter in the singer's death.
Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
Forbes.com reported Monday that Michael Vick is the NFL's most disliked player, according to a poll by Nielsen and E-Poll Market Research. According to Forbes.com, 60 percent of those polled picked said they dislike, dislike somewhat, or dislike a lot Vick.
Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the pop star's drug-related death in 2009 but may not spend much time in jail.
On Sunday night, there were over 120 beauty contestants who were vying for the Miss World 2011 title but the crown ultimately went to a person who was beautlful inside as well as outside - Miss Venezuela Ivian Sarcos.
As news of Murray's involuntary manslaughter conviction spread, celebrities, the Jackson family, and everyday fans took to Twitter, Facebook, and TV to discuss the verdict in King of Pop's death. See reactions from Rev. Al Sharpton and LaToya Jackson, feedback from Dr. Steven Stafer, and photos and tweets including #DoctorsBetterThanConradMurray.
Michael Jackson's doctor Conrad Murray was found guilty by a jury of 12 on Monday, concluding the 23-day involuntary manslaughter trial.
Michael Jackson's doctor Conrad Murray was found guilty by a jury of 12 on Monday, concluding the 23-day involuntary manslaughter trial.
Pennsylvania State University (PSU) has been rocked by the biggest sex scandal in its history - the university's ex-football coach Jerry Sandusky, 67, has been charged with sexually abusing eight young boys over a 15-year period even as two school officials have stepped down amid accusations of covering up the scandal.
Morgan Stanley said a group of investors believes the bank may have sold defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.
State attorneys general Eric Schneiderman of New York and Beau Biden of Delaware have teamed up to investigate mortgage crisis.
The Texas Court of Criminal Appeals on Monday decided to grant a stay of execution for death row inmate Hank Skinner who was schedule to be executed on Wednesday. The court decided to stay his execution to allow for time to review the changes in the DNA statute as it pertains to Skinner's case.
After receiving a take it or leave it final offer from David Stern and the owners, the NBA players union now must decide whether to take an unacceptable deal or try to generate some last minute leverage by decertifying the union.
Lindsay Lohan is out of jail Monday morning, probably before most people even knew she'd gone in.
Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the singer's death following a six-week trial that captivated Jackson fans around the world.
Nicaraguan President Daniel Ortega won re-election by a huge margin on Sunday, beating the conservative Fabio Gadea with 62 percent of the total votes after 86 percent of polling stations reported results.
Michael Jackson's doctor, Conrad Murray, has been found guilty of involuntary manslaughter in the pop singer's 2009 death by an overdose of propofol, a powerful surgical anesthetic.
Toddles' mother left him alone in an unlocked car for an hour
Justin Bieber does not take controversy lying down. Bieber, who was recently accused of fathering Mariah Yeater's 3-month-old son after a tryst back in Oct. 2010, is going to make sure his accuser pays. After he proves he is not the father, Bieber and his team will slap Yeater with a lawsuit, sources directly connected to Bieber told TMZ.
Miss Venezuela Ivian Sarcos, 22, was crowned the Miss World 2011 beauty pageant on Sunday at Earls Court in London.
Voters in a handful of states will weigh-in on a slew of ballot measures that are the most exciting part of a sleepy Election Day this year.
![Miss World 2011 Winner: Miss Venezuela Ivian Sarcos Life Tragedies Made Her Strong [PHOTOS]](https://d.ibtimes.com/en/full/75287/miss-world-2011-winner-miss-venezuela-ivian-sarcos-life-tragedies-made-her-strong-photos.jpg?w=670&h=447&f=7a4741a4eb83e9c2112536966a582c2e)
