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Actor Mel Gibson (R) and Oksana Grigorieva pose during the Spanish premiere of the film ''Edge of Darkness'' in Madrid

Mel Gibson, Oksana Grigorieva settle child custody

Mel Gibson and his ex-girlfriend on Friday settled a deeply bitter custody dispute over their young daughter which led to the Oscar winner's plea of no contest to domestic violence earlier this year.
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10 Reasons We Love Ohio

OH-IO! One of the oft-forgotten states of the Midwest is actually a pretty sweet place to visit. With the perfect mix of town and country, there is something here for everyone.
Hurricane Irene Projected Path

Bahamas Suffers 'Direct Hit' from Hurricane Irene

After inflicting what officials call a serious beating on the southeastern Bahamas, Hurricane Irene is now charting its path into the central parts of the islands and inching closer to the East Coast of the United States.
An employee rides her bike past a logo next to the main entrance of the Google building in Zurich

Google Pays DOJ $500 Million for AdWords Ordeal

Google has paid the DOJ $500 million for allowing Canadian pharmacies to place advertisements on its Adwords program, thus helping them get revenue from the illegal transfer of drugs to the U.S.
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Regulators to Require Minimum Derivatives Data

Banks must report a minimum set of data on their derivatives trades from the end of next year to help regulators monitor financial stability and spot abuses, a draft plan from market supervisors and central bankers said on Wednesday.
Pedestrians are reflected in the window as customers conduct transactions at a Bank of America ATM in Washington

Judge Allows Intervention in BofA $8.5 Billion Pact

A New York state judge granted the request of dozens of investors including pension funds, insurers and several Federal Home Loan Banks to intervene in Bank of America Corp's proposed $8.5 billion settlement with investors who lost money on mortgage-backed securities.
Former New York governor Spitzer speaks at the Reuters Global Financial Regulation Summit in New York

Spitzer Sued for Libel Over His Slate Column

Former New York Governor Eliot Spitzer was hit with two libel lawsuits seeking $90 million by former Marsh & McLennan Cos executives over a column posted on Slate.com about an insurance bid-rigging scandal.
A trader works on the floor of the New York Stock Exchange

Stock Index Futures Signal Rebound; Europe Posts Gains

Stock index futures pointed to a slightly higher open on Wall Street on Monday, with futures for the S&P 500 up 0.61 percent, Dow Jones futures up 0.55 percent and Nasdaq 100 futures up 0.73 percent at 3:44 a.m. EDT.
Combo of former International Monetary Fund Chief Dominique Strauss-Kahn (L) and Nafissatou Diallo(R)

Strauss-Kahn Accuser Mulls Dropping Case for Money: Report

Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported on Friday.

Bank of America Reported Cutting 3,500 Jobs

Bank of America is cutting 3,500 jobs this quarter and working on a restructuring that could eliminate thousands of additional positions, the Wall Street Journal reported, adding to a slew of layoff by major banks.
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S.Africa civil servants reach wage deal with gov't

Unions representing more than 1 million South Africa state workers said on Tuesday they had reached a wage increase deal with the government to avert a mass strike that could have slowed Africa's largest economy.

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