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Christina Romer speaks about the Economic Report at the White House in Washington

World Bank President? White House Holding Tongue

Now that President Barack Obama must nominate a new President of the World Bank, he’s keeping his mouth shut, especially in an election year.

Doing Business in China: Cultural Differences to Watch for

A view of the city skyline from the Shanghai Financial Center building

For Western businesses, doing business in China requires careful navigation of the cultural differences between China and the West.

Kevin Costner to Speak at Whitney Houston's Funeral, Sent Flowers to Bobbi Kristina Brown

Kevin Costner plans to speak at Whitney Houston's funeral. He previously sent Bobbi Kristina Brown flowers after hearing that Houston--his Bodyguard co-star and Brown's mother--had died.

Rick Santorum Top Donor Foster Freiss' Birth Control Joke: 'They Used Bayer Aspirin' [VIDEO]

Foster Freiss, the born-again Christian that funds Rick Santorum's Super PAC, left MSNBC's Andrea Mitchell nearly speechless Thursday by joking about contraception.

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The Cobra Nav One 5000 portable mobile navigation system is displayed at the Consumer Electronics Show (CES) Unveiled event in Las Vegas, Nevada January 5, 2008.

Distracted Driving: The Dept. of Transportation's Attempt to Curb a 'Dangerous and Deadly Habit'

The United States Department of Transportation on Thursday released the first potential federal guidelines that entice automakers to reduce potential distractions for drivers in cars. U.S. Transportation Secretary Ray LaHood said the voluntary guidelines would be enforced in areas of in-car electronics, entertainment communications and navigation systems that are not necessary for a vehicle's operation.

John Mayer New Song: 'Shadow Days' Teaser on Tumblr

Shadow Days is the first track off Born and Raised, Mayer's fifth studio album.

Underwear bomber Umar Farouk Abdulmutallab

Underwear Bomber Gets Life without Parole

The Underwear Bomber, Nigerian Umar Farouk Abdulmutallab, was sentenced to life in prison without parole by a federal court in Detroit on Thursday afternoon.

Beer Pong Beer: 3 Things to Know About the New Brew

Long gone are the days where you'll have to reach for the Keystone to fill your red Solo cups. Pong Beer is the latest beer to satisfy all your beer pong needs...its name practically says it. Here are three things to know about this sport inspired beverage.

Payroll Tax Cut Will Maintain Recovery's Pace, but It's No Panacea

Economists have factored the payroll tax cut extension into forecasts that the U.S. economy will grow 2.5 percent in 2012.

'Arrest of Vladimir Putin' Video Goes Viral in Russia

A video of Russian Prime Minister Vladimir Putin on trial for corruption and terrorism has gone viral in Russia, attracting millions of views after being posted on YouTube two days ago.

Victoria Beckham: ‘GREAT’ Britain’s New Tourism Ambassador Photographed at NYC Subway Station

Victoria Beckham posed for photographs with Anna Wintour next to a Union Jack-covered NYC subway train under Grand Central Station Wednesday as Britain's new tourism ambassador for the GREAT Britain campaign.

Whitney Houston's Mysterious Death: Police Ask for Her Medical Records, Urge Fans to Stay Home On Funeral

Police have asked for Whitney Houston's medical records after finding prescription drugs in the Beverly Hills hotel room where she died. They have also requested the fans of the singer to stay home on the funeral day.

U.S. officials urge Europe to deal with its crisis

Europe needs to take the reins to tackle its debt crisis and prevent a spread that could damage the global economy, senior U.S. officials said on Thursday, as they stressed that more funding from international lenders is not what Europe needs.

Intellectual Ventures sues three U.S. mobile telcos

Feb 16, Reuters - Intellectual Ventures, a privately held patent holding company co-founded by a former Microsoft Corp executive, sued three of the four top U.S. mobile providers for patent infringement.

U.S. seeks limits on electronic driver distractions

The Obama administration wants limits on vehicle features that allow drivers to text and make cellphone calls while the car is moving, the centerpiece of a broader effort to curb distracted driving.

Limits sought on electronic driver distractions

The Obama administration wants limits on vehicle features that allow drivers to text and make cellphone calls while the car is moving, the centerpiece of a broader effort to curb distracted driving.

Al Qaeda militants man a checkpoint at the entrance of the southern Yemeni city of Zinjibar

Yemen Al-Qaeda Leader Killed by Brother in Mosque Attack

Tareq al Dahab, brother-in-law of slain U.S.-born cleric Anwar al-Awlaki, was killed along with five bodyguards by his brother Hizam - who was himself later killed in a revenge attack.

Iran: The Country’s Name is Pronounced “Eee-Rahn” Not “Eye-Ran”

Regardless of what you think of their present government, the Iranian people deserve respect and admiration.

Business Travelers Aid Hyatt, Marriott Profit

Hyatt Hotels Corp posted a higher-than-expected quarterly profit on Thursday, citing solid corporate travel.

Ex-Citigroup CEO Says Volcker Rule Needs 'Specific and Vigorous Penalties'

John Reed, who helped engineer the merger that led to the creation of Citigroup, told the SEC that the agency needs strengthen the rule to avoid the high-risk trading activities that helped cause the collapse of the world's financial system.

S&P at 9-month high on economy, Greek deal hopes

The S&P 500 hit its highest level in nine months on Thursday as the U.S. economy showed further signs of recovery and optimism grew that a Greek bailout deal would be agreed next week.

Iran-Israel Tensions Heat Up: 5 New Developments

There were a number of new developments in the ongoing Iran-Israel saga.

'Ghost Hunters'' Grant Wilson, who has announced he is leaving the SyFy docu-series

'Ghost Hunters' Grant Wilson Departing SyFy Series

Ghost Hunters' Grant Wilson has announced that he is leaving the SyFy docu-series, where he featured as co-lead investigator.

Discovery profit beats Street, outlook falls short

Discovery Communications posted a higher-than-expected fourth-quarter profit on Thursday, helped by strong advertising and carriage fee growth at its domestic and international cable television networks.

China Vice President Xi speaks during state dinner at Iowa State Capital in Des Moines.

Xi Jinping Sees Lakers Play: No Words for Jeremy Lin

Xi Jinping, Vice President of the People's Republic of China, will be courtside as the Lakers play the Suns at the Los Angeles Staples Center on Friday. But this self-proclaimed fan of American basketball has little to say about international phenomenon Jeremy Lin.

U.S. Stocks Gain After Jobs, Housing Reports

The Dow Jones Industrial Average rose 0.76 percent to 12,884.75 by early afternoon trading, while the Nasdaq rose 1.01 percent to 2,945.17. The S&P 500 rose 0.83 percent to 1,354.37.

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