UNITED STATES

U.S. may sue Apple, publishers on e-book pricing: report

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The U.S. Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, the Wall Street Journal said, citing people familiar with the matter.
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The sun erupts with one of the largest solar flares of this solar cycle in this multi-colored NASA handout photo taken on March 6, 2012. This flare was categorized as an X5.4, making it the second largest flare -- after an X6.9 on August 9, 2011 -- since

Strong Solar Storm Heading for Earth

A strong geomagnetic storm is racing from the Sun toward Earth, and its expected arrival on Thursday could affect power grids, airplane routes and space-based satellite navigation systems, U.S. space weather experts said.
Detour Lake Gold Mine

Gold Rises On Optimism About Greek Bond Swap

Gold rose Thursday, led by a climb in the euro on the back of growing confidence in Greece's ability to complete a bond swap to avoid defaulting on its debt, and by evidence that this week's decline to six-week lows had lifted investor demand.
iPad2

Apple Cuts iPad 2 Price to Rs. 24,500 in India

Gadget lovers in India can now own an iPad 2 for 24,500 rupees, with Apple Inc slashing its price worldwide on Thursday following the launch of a new third-generation, 4G-ready tablet.
U.S. Unemployment

Jobless Claims Climbed To 362,000; Still Near 4-Year Low

Claims for jobless benefits rose to 362,000, but is still hovering around a 4-year low for the fourth consecutive weeks, underscoring Federal Reserve Chairman Ben Bernanke's view that the U.S. economy has to show stronger growth to ensure that more Americans can find jobs.
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Whistleblower says BofA defrauded HAMP

Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefitting from financial incentives for participating in the program, according to a complaint unsealed in federal court Wednesday.
jobless claims

US Employers Planned 3.3% Fewer Layoffs In February: Report

U.S. employers planned slightly fewer layoffs in February than the previous month, but the overall pace of corporate downsizing is up 18 percent over last year, global outplacement firm Challenger, Gray & Christmas Inc. said in a report Thursday.
Apple iPad

Apple's Latest iPad 3 Rocks, to Keep Arch Rivals at Bay

Apple Inc's latest iPad sports a crisper display and an array of technology advances that, while less than revolutionary, may prove enough for now to keep rivals like Amazon.com Inc and Samsung Electronics Co Ltd at bay.

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