Sponsored by The New York Times

A judge in a federal bankruptcy court in Manhattan late on Sunday approved a plan by General Motors to sell its best assets to a new, government-backed company, The New York Times reported.

U.S. combat troops mostly left Iraq's cities and towns by midnight on Tuesday and redeployed to rural areas until the end of 2011, six years after invading the country and eventaully overthrowing the previous government under its now executed president Saddam Hussein.

Like the fish don't see the water they swim in, people don't often see how their conversations are infused with manipulation. One of the goals in our work is making the manipulation

A federal judge sentenced Bernard Madoff to 150 years in prison on Monday in a fraud of billions of dollars against victims over a period of ten years, according to Reuters.

Bernard Madoff, 71, spoke before a judge on Monday, stating he believes he made a terrible mistake in defrauding investors of billions of dollars, as a judge is set to soon impose a sentence which may put him in prison for the rest of his life.

President Barack Obama on Sunday called a House-passed climate change bill an extraordinary first step, but spoke out against a provision that would impose trade penalties on countries that fail to cut greenhouse gas emissions.

Next Monday, Wall Street's biggest and most brazen crook, Bernard Madoff, will leave his jail cell to hear his punishment. But for his victims, even a lifetime in prison may not be enough.

The U.S. Justice Department said it was not planning to drop its lawsuit seeking to force UBS AG to disclose thousands of the Swiss bank's U.S. customers with secret accounts.

The U.S. Justice Department said on Tuesday it is not planning to drop its lawsuit seeking to force UBS AG to disclose thousands of the Swiss bank's U.S. customers with secret accounts.

The U.S. Justice Department may drop a legal case aimed at forcing Swiss bank UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times reported on Tuesday.

The U.S. Justice Department may drop a legal case aimed at forcing Swiss bank UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times reported on Tuesday.

The U.S. Justice Department may drop a legal case aimed at forcing UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times said, citing a United States official briefed on the matter.

U.S. billionaire Len Blavatnik is planning to file a lawsuit against JPMorgan Chase on Monday, accusing the bank of mismanaging an investment account that held $1 billion in assets owned by Blavatnik's industrial holding company, Access Industries, the New York Times said.

The Boston Globe's largest union narrowly rejected concessions on Monday that owner New York Times Co said would save $10 million, raising the possibility of the 137-year-old daily newspaper's demise.

Brazilian search teams on Thursday scoured choppy Atlantic waters for remains of a crashed Air France jet after the first debris retrieved by helicopter turned out to be trash.

U.S. President Barack Obama will urge Arabs and Israelis to say publicly what they acknowledge in private about Middle East peace moves and Iran when he speaks to the Muslim world on Thursday.

The U.S. general nominated to take charge of the war in Afghanistan pledged on Tuesday to try to minimize civilian casualties even as U.S.-led forces step up operations against insurgents.

A Chinese industrial machinery company has reached a preliminary agreement with General Motors Corp. to buy the American car maker’s Hummer automobile brand, according to reports.

The Pentagon plans to create a new military command for cyberspace, stepping up preparations by the armed forces to conduct both offensive and defensive computer warfare, the New York Times said on Friday.

The Pentagon plans to create a new military command for cyberspace, stepping up preparations by the armed forces to conduct both offensive and defensive computer warfare, the New York Times said on Friday.

News reports about Pakistan's nuclear arsenal, including questions about its safety, are part of a malicious campaign that is counter-productive to efforts to defeat terrorism, a Pakistani spokesman said on Thursday.

Internet search engine operator Google has decided against acquiring a newspaper, the Financial Times reported, citing the company's chief executive and chairman, Eric Schmidt.

Pakistan's allies promised $224 million in aid for about 1.5 million people displaced by an offensive against the Taliban after the government warned that the militants could exploit a failure to help.

Afghan president Hamid Karzai has no plan to install former U.S. ambassador Zalmay Khalilzad as chief executive of his country, a spokesman said on Tuesday, denying a report in the New York Times.

Palm Pre fans now have some good news to rejoice about. Sprint Nextel will launch the Palm Pre in the first week of June, according to a report in the New York Times.

New York Times Co board member Scott Galloway said on Tuesday he did not contact Google Inc Co-founder Larry Page to try to get the Internet company to buy the newspaper publisher.

Media mogul David Geffen tried to buy a stake in the New York Times Co from hedge fund Harbinger Capital Partners, but was rejected, a source with knowledge of the matter said on Monday.

The U.S. government plans to reverse its antitrust policy and put more pressure on companies eyeing bigger market share through their dominance, the New York Times reported on its website.

The U.S. government was preparing on Thursday to draw a line separating the weak from the strong in the banking sector in an attempt to put the worst of the financial crisis behind it.