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The guided-missile destroyer USS Kidd responds to a distress call from the master of the Iranian-flagged fishing dhow Al Molai, who claimed he was being held captive by pirates in the Arabian Sea

BREAKING: U.S. Navy Rescues Iranian Fishing Vessel from Pirates

The pirates were identified as Somalis who commandeered the boat 40 days ago.

iPhone 4S vs Nokia Lumia 710: What You Need to Know

Anyone considering one of these phones will likely not be considering the other, but because they are so different, it's kind of fun to see what separates them. First, iPhone 4S isn't even offered by T-Mobile, and that's the only place in the U.S. where you'll find the Nokia Lumia 710.

U.S. 10-Year Treasury Note Near 2% - Low Interest Rates Continue for U.S. Government

Despite a large amount of borrowing by the U.S. and its large national debt, the interest rate institutional investors charge the U.S. government remains low. What’s going on here?

Hague Calls for Release of All Burmese Political Prisoners

British Foreign Secretary William Hague visited Burma this week to show that the UK and other world powers were serious about the country's slow move toward democracy.

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ESPN's Jon Gruden Mistakes Michelle Obama for Reporter at Orange Bowl

Jon Gruden: Michelle Obama Mistaken for ESPN Reporter at Orange Bowl [VIDEO]

The commentator and former Buccaneers coach made a big gaffe at the Clemson-West Virginia Orange Bowl when he mistook a photo of the First Lady for a picture of ESPN sideline reporter Lisa Salters (watch here). Nor was Gruden's flub the only awkward moment: Darwin Cook plowed into the Orange Bowl mascot and only later realized that Obie was a girl.

Wall Street cuts losses, Nasdaq up

U.S. stocks cut losses and the Nasdaq turned positive on Friday after a strong jobs report and strength in large-cap Internet stocks.

Palladium Likely to Outperform PGM in 2012

The deteriorating global growth outlook has meant the underperformance of the platinum group metals relative to gold, although supply disruptions could provide some relief to weaker demand. Of the PGM group, palladium is more likely to outperform in 2012, given its stronger links to U.S. and Chinese demand.

Ships participate in naval parade on Sea of Oman near Strait of Hormuz

Iran Ups the Ante With Threat of More Drills in Strait; Further Rise in Oil Prices on Cards

Economic sanctions don't seem to deter a defiant Iran. In a move that would further escalate tensions in the Strait of Hormuz, Iran has announced its plans for more naval exercises in February.

HTC quarterly net lags forecast amid tough competition

Taiwanese smartphone maker HTC Corp recorded a worse-than-expected yearly profit decline in the fourth quarter, and the first decline in two years, as its models scrambled to compete with Apple Inc's iPhone and Samsung's Galaxy range.

Best Buy impresses with market share, profit view

Best Buy Co appeared to gain market share from rivals in the United States during the key holiday season and stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in December.

Wall Street falls as Europe fears persist

Stocks fell on Friday despite a strong jobs report as concerns about Europe's debt crisis stayed in the spotlight, keeping investors away from riskier assets.

China Warns Obama on New American Defense Agenda

President Barack Obama revealed that the United States will be sending more troops to the Asia-Pacific, a move that China was quick to criticize on Friday.

Titanic Artifacts to be Auctioned on 100 Year Anniversary of Its Doomed Voyage [PHOTOS]

An array of rare artifacts -- said to be the biggest ever collection of the Titanic assets comprising over 5,000 pieces which were recovered from the wreck of the RMS Titanic -- will go under the hammer April 11, tallying with the 100th anniversary of the maiden voyage of the doomed ship.

LG to roll out Google TV

LG Electronics Inc said on Friday it would unveil its first Google TV next week, joining Sony Corp and Samsung Electronics Co in partnering with the search giant to get a foothold in the emerging Internet TV market.

U.S. payroll jobs up, jobless rate falls

U.S. employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.

BMW tops Mercedes for US luxury car sales crown

BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor Corp's Lexus lineup.

Harry Potter’s Snowy Owl Spotted Across the U.S.

Harry Potter's owl Hedwig was a beloved creature in the magical Harry Potter series. Magic became reality when people began spotting a species of majestic white owls in abundant numbers this winter.

U.S. Unemployment Drops, But Higher Gas Price Threat Rises

The latest government report shows that robust hiring activity in December -- better than expected -- pushed unemployment to its lowest level in three years. The Labor Department said December unemployment was 8.5 percent in America, and level we haven't seen since February 2009.

Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

On signs that the U.S. economy is back on track and tensions with Iran may lead to further disturbance in exports in the Middle East countries, crude oil futures headed for a weekly gain in New York. Futures of West Texas Intermediate have surged 3.4 percent this week.

LG joins Google to roll out Google TV

Best Buy backs profit view despite soft December sales

Best Buy Co stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in the key selling month of December, allaying some concerns that all its holiday sales were driven by profit-sapping discounts.

Rep. Bob Morris Accuses Girl Scouts of Promoting Homosexuality

New Girl Scout Cookie 2012: Where To Order 'Savannah Smiles' And All Your Favorite Flavors

Girls Scouts of the USA has launched a new cookie called Savannah Smiles for 2012, joining classics like Thin Mints and Tagalongs. But if they don't know any Girl Scouts in the area, where can families order their cookies? Find out where to get everything from Samoas to Trefoils here, and when your area's cookie season starts.

Payroll jobs up, jobless rate falls to 8.5 percent

Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.

A U.S. study found that babies with sleep issues are several times more likely to still have difficulties when they are toddlers compared to babies who sleep well.

Babies' Sleep Problems May Persist Over Years [STUDY]

There's bad news for exhausted new parents craving more shut-eye -- you can't just assume that your baby's sleep problems are normal and will soon pass.

U.S. Jobless Rate Falls Unexpectedly to 8.5%, Lowest Since Feb '09

Hiring in the U.S. accelerated in December for a second month and jobless rate fell again to the lowest point in almost three years. Revised data show that hiring in October grew faster than initially reported, while hiring in November was revised down. All signs indicate a strengthening labor market heading into 2012.

Dollar, stocks up after U.S. jobs data

Stocks, commodity prices and the dollar moved higher on Friday while safe-haven government bonds fell after better-than-expected U.S. jobs data for December confirmed the recovery in the world's biggest economy is strengthening.

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