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California law turns up heat on labor conditions

A new California law will force retailers and manufacturers to disclose from 2012 how they guard against slavery and human trafficking throughout their supply chains, ratcheting up scrutiny over some of the largest U.S. corporations.
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US Aircraft Carrier near Strait of Hormuz

Strait of Hormuz, Iran Threat Looms Large Into 2012 for U.S., World

As America begins to put its military pieces back together again after the end to a nine-year campaign in Iraq amid threats from Iran that it may close the Strait of Hormuz, the most vital corridor for oil-tanker traffic in the world, the reality is that another conflict may be looming in the Middle East.
Europe's Markets

Europe's Markets Inch Higher Friday at Mid-Day

European shares were poised to register their biggest annual drop since 2008 on Friday after a year marred by the Eurozone debt crisis that has threatened to drag down the global economy.
Asia's Markets

Nikkei, Asia Markets Close Higher Friday, Japan Down 17% for 2011

Japan's leading share average ended higher on Friday but marked a 17 percent loss for 2011, a tumultuous year in which massive natural disasters triggered a nuclear crisis and Europe's debt turmoil drained volumes, leaving investors uncertain of a turnaround next year.
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China's factories falter, pro-growth policies eyed

China's factory activity shrank again December as demand at home and abroad slackened, a purchasing managers' survey showed on Friday, reinforcing the case for pro-growth policies to underpin the world's second-largest economy.
Gold bricks

Gold Prices Rebound on Bargain Hunting

Gold prices began the final trading day of 2011 higher as bargain hunters took advantage of a recent downdraft that has left the metal with its first fourth-quarter loss in more than three years.
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Asian stocks edge up but poised for 2011 loss

Asian stocks nudged higher and the euro clung to overnight gains on Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices.
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Asian Stocks Edge up but Face Loss for Year

Asian stocks nudged higher and the euro clung to overnight gains Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices.
Long March CZ-2F rocket

China Plans to Land a Man on the Moon

A government-issued decree is the first published announcement that China intends to land an astronaut on the moon, a place where no one has stood in almost 40 years.
Ivory artifacts seized from an accused smuggler are displayed at a news conference at the John Heinz Natural Wildlife Refuge in Philadelphia, Pennsylvania, July 26, 2011.

Record Number of Ivory Seizures in 2011: WWF

A record number of large scale ivory seizures will be recorded globally in 2011, pointing to a surge in elephant poaching in Africa to meet Asian demand for tusks for use in jewelry and ornaments, a monitoring group said Thursday.
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Wall St rises, helped by data

Wall Street stocks resumed their upward move into year-end on Thursday but the S&P 500 continued to churn around its 200-day moving average as jitters over Europe contrasted with better-than-expected U.S. economic data.

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