DISASTERS

Costa Concordia Sinking: 10 Worst Cruise Ship Disasters [PHOTOS]

The Costa Concordia
Six are confirmed dead so far in the wrecking of the Italian luxury liner, with around 29 passengers still missing. But the Costa Concordia sinking isn't the worst accident on a cruise ship. From the fire aboard the SS Morro Castle to the sinking of the Titanic, here are the ten worst passenger ship disasters of maritime history so far.
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A salesman talks on a phone at a Hyundai Motor dealership in Seoul April 28, 2011.

Hyundai and Kia See Slower Sales Growth in 2012

Hyundai and affiliate Kia aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
U.S. President Barack Obama

Obama Strikes Hopeful Note in Year-End Address

President Barack Obama, striking a hopeful note in a year-end weekly address, hailed foreign policy milestones while keeping pressure on Congress to further extend payroll tax cuts through the end of 2012.
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Russian Communications Satellite Falls after Launch

A Russian communications satellite fell to the ground on Friday soon after it was launched, adding to a string of disasters that have haunted the country's space industry, Russian news agencies reported on Friday, quoting military sources.
Tokio Marine President Shuzo Sumi

Tokio Marine to buy Delphi Financial for $2.7 bln

Tokio Marine said it will buy U.S. insurer Delphi Financial Group for $2.7 billion and is eyeing other acquisition targets, as Japan's No.2 property-casualty insurer looks to expand outside its mature home market and diversify geographic risks.
Typhoon Washi Devastates Philippines: A glimpse of the Aftermath

Mass Burial Planned for Flood Victims in Philippines

Officials in Cagayan de Oro and Iligan, the worst-hit cities, said they were running out of evacuation centers and coffins for the dead. Funeral parlors already packed with decomposed bodies are no longer able to accommodate any freshly recovered corpses.
U.S. Federal Reserve

Fed Points to Risks from Europe

The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.
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Fed sees risks from Europe

The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
Toyota Prius

Toyota, BMW Join Hands on Green Technology

Toyota Motor Corp and BMW AG agreed on Thursday to join hands on a broad range of environmental technologies, forging a partnership between two engineering stalwarts in the increasingly competitive auto industry.

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