Rating agency standard & Poor's has staunchly defended the decision to downgrade the creditworthiness of the U.S. government and warned that further action was possible. "The debacle over the debt ceiling continued until almost the midnight hour," S&P's Sovereign Ratings Committee Chairman John Chambers said.
Solar storms are brewing some 93 million miles away, and if one of them hits Earth, it has the potential to bring serious electrical and communication failures. Could this be Armageddon? The U.S. government is warning users of satellite, telecommunications, and electric equipment to prepare for possible disruptions over the next few days.
Three large explosions from the Sun over the past few days have prompted U.S. government scientists to caution users of satellite, telecommunications and electric equipment to prepare for possible disruptions over the next few days.
Consider the case of Canada, which lost its top-notch rating in April 1993 ? it took the country nine long, hard years to regain the coveted rating after enacting serious debt and deficit reductions.
Perhaps the downgrade was not too much of a surprise.
A severe solar storm could cause global chaos, wrecking satellite communications and would take down the most important power grids in the world for a period of years.
Following Japanese and Swiss authorities? intervention in the currency markets to weaken the sharp appreciation in their domestic currencies, now the market focus turns to Canada, where the Bank of Canada (BoC) expressed concerns over the persistent strength of Canadian dollar (CAD).
A series of solar flares that erupted on the Sun over the last three days have crossed the solar system and hit the Earth's magnetic field on Friday afternoon.
Bolstered by strong reviews, "The Rise of the Planet of the Apes" notched a solid $1.25 million in midnight showings on Friday, according to studio estimates.
New York Rangers forward Sean Avery was arrested on Friday over accusations he shoved a police officer who tried to break up a party at a Hollywood Hills home, police said.
Two energy blasts from the sun are causing "tsunamis in space."
Kaspersky and Symantec say Shady RAT isn't as big of a deal as McAfee made it out to be.
Wall Street's advice to investors battered by plunging markets: Keep buying stocks.
Honda Motor Co Ltd will recall 2.49 million cars, small SUVs and minivans worldwide, including its popular Accord sedan, to repair a software problem that could damage the automatic transmission.
A look at the upcoming Grand Slam tennis tournament.
The NHL player was having a loud party at his home in Hollywood when police showed up.
There?s no getting around it: In much of the country, this is a terrible time to unload your home.
A series of solar flares that erupted in the Sun over the last three days are heading towards Earth and could disrupt power grids and satellites.
China's top official newspaper on Friday dismissed as irresponsible suggestions Beijing was the state actor behind massive Internet hacking of governments and companies that security company McAfee this week said it had discovered.
China's top official newspaper on Friday dismissed as irresponsible suggestions that Beijing was the state actor that security company McAfee said this week was likely behind massive Internet hacking of government and companies.
Former British Open champion Louis Oosthuizen is looking for a spark to reignite his game at this week's WGC-Bridgestone Invitational after escaping injury in a traffic accident while preparing for the tournament.
Nashville Predators captain Shea Weber, one of the top defenseman in the National Hockey League (NHL), was awarded a record $7.5 million one-year contract by an arbitrator, the team said on Wednesday.