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As China moves to free up yuan, investors want more

State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.
Democratic gubernatorial candidate Andrew Cuomo celebrates after winning the election for Governor in New York, November 2, 2010.

New York governor cuts his own pay 5%

In yet another example of a cash-strapped state seeking to alleviate a crushing budget deficit, the newly-elected governor of New York, Andrew Cuomo, has slashed his salary by 5 percent and may seek to freeze salaries across the state for one year.
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Faisal Shahzad, the Pakistani-American who tried to detonate a car bomb in Times Square, NYC in May 2010.

Hearings will focus on radicalization of American Muslims

U.S. Rep. Peter King, R-NY, is the new chairman of the House Committee on Homeland Security and, in that capacity, is planning hearings into, as he said, the radicalization of the American Muslim community and homegrown terrorism.
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Gold firms as dollar eases; Portugal auction eyed

Gold prices rose in Europe on Wednesday, as a retreat in the dollar, rising oil prices and caution ahead of a sale of Portuguese bonds later in the day all boosted interest in the precious metal.
Travellers carry their luggage through a snow bank on 7th Avenue in front of Penn Station after a snow storm in New York December 27, 2010.

New York Snow: Key facts to know

As the New York City faces season's third winter storm in less than three weeks, here are some key facts on weather conditions, flight delays, cancellations and more.

Ted Williams Detained in LA

Ted Williams, the Ohio homeless man who last week created a media sensation with his smooth radio voice and poignant story, has been detained, and then released by Los Angeles Police Department (LAPD).

Republicans and Democrats working on gun control

Lawmakers from both sides of the aisle are calling for new gun-control legislation in the wake of the shootings in Tucson, Arizona last Saturday that left six people dead and 15 injured, including U.S. Rep. Gabrielle Giffords, D-AZ, who remains in critical condition, as do five other victims.
How Verizon-iPhone tie-up would affect consumers and competition

How Verizon-iPhone tie-up would affect consumers and competition

Media has been set abuzz with the expectations that the Verizon's Tuesday, 8 a.m. announcement in New York will be the news that the iPhone will be available on its network. Here are some factors on how Verizon-iPhone tie-up would affect consumers and competition
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In La Ruche, Paris-- 'You either come out dead or famous'

Paris, as a cosmopolitan hub and a symbol of modernity, always had a strong influence on artists throughout the ages. Particularly during the early decades of the 20th century, the city, with its innumerous art galleries and cafes, held a magnetic attraction for artists from Eastern Europe.

7-11 convenience stores plan to expand in Manhattan

The “suburbanization” of Manhattan will continue -- the 7-Eleven convenience store franchise plans to operate an astounding 100 stores in the borough by the year 2015, according to a report in Crain’s New York Business.

Facebook hoax recalls other similar corporate hijinks

The shocking (and highly ludicrous) news over the weekend that Mark Zuckerberg was going to shut down Facebook because it was causing him too much “stress” was only the latest in a long line of corporation-related hoaxes that have long amused, annoyed and bedeviled the public.

Who is Jared Lee Loughner?

Jared Lee Loughner, who is held responsible for the killing of six people including a federal judge and critically wounding Gabrielle Giffords, Democratic Congresswoman from the state, is variously described as a right wing extremist, a mentally deranged killer, an anti-government fanatic, a white supremacist and as a die-hard leftist who adored Che Guevara.

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