Sponsored by The New York Times

As analysts began to eagerly predict Facebook earnings--its first as a public company--the social media giant's close ally Zynga posted dramatic losses, leading many to question the future the two tech companies may have together.

Some of local governments are turning to a new tool to fix the problem, known as underwater mortgages: seizing the loans through eminent domain and enacting principal reductions, a move that is attracting praise and controversy.

Even as London gears up to host the Olympics with the biggest peacetime security operation underway since World War II, security measures at the Manchester airport, about 300 kilometers from London, came under scrutiny following reports that a 11-year-old boy boarded a plane from Manchester to Rome without a passport, ticket or boarding pass.

Apple beat its own conservative quarterly estimate, reporting a strong jump in earnings and even sold a record number of iPads in Q3, but across the board, Apple did a rare thing: It missed analysts' estimates. Apple can rebound in Q4 if it decides to release its next iPhone, which many are already calling "iPhone 5," as long as the much-rumored "iPad Mini."

The EU is looking into the possibility of making Libor and Euribor rate-rigging -- the deliberate manipulation of interest rates that set the benchmark for over $500 trillion in financial contracts - a criminal offense.

Opponents of the proposed large soda ban view the measure as unwelcome government intervention -- a further incursion of Mayor Michael Bloomberg's nanny state -- while supporters call it crucial to fighting obesity.

The Islamic State of Iraq, an Al-Qaeda affiliate, said it is honoring the month of Ramadan with “a new blessed foray” of violence in the country, claiming responsibility for Monday’s attacks that killed at least 116, wounded at least 300.

The New York Times Co. (NYSE: NYT), publisher of the third-largest U.S. newspaper by circulation, is expected to have higher earnings in the second quarter on lower revenue as print advertising is flat but online subscribers increase.

It's long been rumored that the iPad Mini and the new iPhone -- the 5, as many call it -- would launch around the same time -- around the end of September and beginning of October -- but a new report says Apple may release the new iPhone and iPad sooner rather than later.

The forgotten country of Tajikistan is actually of pivotal importance, and the rumblings of an increasingly bold crowd of Islamist dissenters there should not be ignored.

Russian baritone Evgeny Nikitin has decided not to perform at the Bayreuth festival in Germany after it was discovered that he once had a swastika tattoo.

Just hours ago, disgraced late Penn State football coach Joe Paterno was the winningest coach in major college football history. After crippling NCAA sanctions to Penn State were announced Monday morning, which included vacating the school football team's wins from 1998 and 2011, the distinction now goes to Bobby Bowden, best known as the former coach of the Florida State Seminoles and West Virginia Mountaineers.

The Dark Knight Rises has been the most hotly anticipated blockbuster film of the summer, but its opening weekend was marred by a horrific shooting spree at a movie theater that left 12 dead and 58 injured in Aurora, Colo. Nonetheless, sources said its box-office take has been at least $160 million.

The NCAA said Sunday it will hold a news conference Monday morning to announce what were described as “corrective and punitive measures” against Penn State.

In the old days of Mexico's Institutional Revolutionary Party (PRI), the party of President-elect Enrique Pena Nieto, a systemic culture of government corruption ensured that the drug cartels would be more or less left alone in exchange for hefty bribes at multiple levels, and as the drugs flowed north into the U.S. there was relatively little violence.

Machine guns rattled overnight in Syria's largest city, Aleppo, 220 miles north of Damascus, which itself is seeing an escalation of fighting.

Microsoft’s new operating system, Windows 8, will launch in the fall, and it looks like the company is rolling out a brand new smartphone to go with it. Windows Phone 8 is rumored for a November 2012 release date, along with various other launches from the company.

Nasrallah – who finds himself increasingly isolated in the Middle East – must realize that Wednesday’s bombing in Damascus which killed three of Assad’s top lieutenants, poses grave danger to his organization.

A senior Iraqi official told the New York Times that all four of the country's crossings into Syria have now been closed, because the rebels have seized the Syrian sides of them.

U.S. officials said Thursday the suicide bomber responsible for a deadly attack on Israeli vacationers in Bulgaria was a member of a Hezbollah cell that was operating in the country and looking for such targets, backing Israel’s assertions.

Tom Davis, the beloved comedic writer from the early days of Saturday Night Live, died at the age of 59 on Thursday.

In an echo from the final weeks of Saddam Hussein's reign in Iraq in 2003, Syrian President Bashar al Assad has reportedly retreated to his tribal homeland as rebels advance on Damascus.

Israel accused Iran of carrying out a bomb attack that killed six people on a bus carrying Israeli tourists at a Bulgarian airport Wednesday, and vowed a stern response to Iranian terror.

The dominant European soccer franchise is coming to the U.S. market for help paying off a huge debt that has yet to hurt the team's success on the field.

Pressed by foreign creditors to produce 11.5 billion euros in spending cuts in 2013 and 2014, Greek leaders said Wednesday they had identified areas that could be trimmed.

A dramatic photo of the thunderstorm that descended on New York City Wednesday was allegedly taken by a passenger on a flight over Queens. Is it real?

The company that developed the first commercially available DVR announced on Tuesday that it is purchasing TRA, Inc., a marketing and analytics company whose products help advertisers know which TV commercials are the most effective based on consumers' shopping habits.

The deaths of major Syrian military leaders in a spectacular strike on the capital are tipping the playing field, but don't expect the conflict to end anytime soon.

The nascent U.S. housing recovery could be concealing another financial time bomb: home equity loans.