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New Zealand court bails two associates of Megaupload founder

A New Zealand court granted bail on Thursday to two associates of the founder of online file-sharing website Megaupload, accused of being involved in a scheme that allegedly made more than $175 million from Internet piracy and illegal file sharing.

Drew Barrymore: Is Actress Converting to Judaism for her Fiancé?

Drew Barrymore and Will Kopelman
Drew Barrymore is engaged to her boyfriend Will Kopelman and some reports claim the actress is considering converting to Judaism for her fiancé. The 36-year-old actress is reportedly considering conversion to the Jewish faith because Kopelman's family will want their children to be raised Jewish.
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Republican presidential candidate and former Speaker of the House Newt Gingrich is silhouetted against the U.S. flag during his speech at a Space Coast meeting in Cocoa, Florida January 25, 2012.

Gingrich Calls for Moon Base, Space Contests

Republican presidential contender Newt Gingrich called on Wednesday for a base on the moon and an expanded federal purse for prize money to stimulate private-sector space projects.
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Top bankers say more optimistic on euro crisis

The World Economic Forum's signature closed-session on banking saw financiers increasingly hopeful that the euro zone's debt crisis can be resolved and confident of a deal to ensure Greece's now inevitable debt default will be orderly.
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AIG debates if it could buy back AIA in future

American International Group Chairman Steve Miller said on Thursday the bailed-out insurance giant may eventually want to buy a life insurer outside the United States, including possibly a larger stake in the spun-off subsidiary AIA Group , as confidence in its turnaround grows.
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Eyes on Samsung smartphone sales, spending plans

Samsung Electronics Co, the world's top technology firm by revenue, will report record quarterly profit on Friday, powered by strong sales of its smartphones, but most interest will be in its 2012 spending plans and mobile sales numbers as it vies with Apple Inc for smartphone supremacy.
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Monster Worldwide cautious on 2012

Online recruitment firm Monster Worldwide Inc forecast a weak start to the year and said it will cut jobs, as it does not expect the global job market to improve drastically in the near term.
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AT&T posts big loss on hefty charges, iPhone costs

AT&T Inc posted a $6.7 billion quarterly loss due to a hefty break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.
Obama Brewer

Jan Brewer, Barack Obama Have History of Clashing

When Arizona Gov. Jan Brewer confronted President Barack Obama on a tarmac and thrust an accusing finger at him, it was a small skirmish in a larger battle between Brewer and the Obama administration.
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Monster to cut 400 jobs

Online recruitment firm Monster Worldwide Inc said it will reduce its global workforce by about 7 percent and forecast a first-quarter profit below analysts' estimates amid a weak job market in the United States.
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Durable goods data underlines economic momentum

New orders for U.S. manufactured goods rose in December and a gauge of future business investment rebounded, showing the U.S. economy ended the year with more momentum than previously thought.
Monster Worldwide Inc.

Online Recruitment Firm Monster to Cut 400 Jobs

Online recruitment firm Monster Worldwide Inc said it will reduce its global workforce by about 7 percent and forecast a first-quarter profit below analysts' estimates amid a weak job market in the United States.
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Caterpillar Continues Strong Run

Caterpillar Inc reported a 58 percent rise in quarterly earnings on Thursday that blew away Wall Street expectations and it projected strong growth for 2012 despite global economic uncertainly.

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