UNITED STATES

BofA's Countrywide to pay $335 million over bias case

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Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, an historic settlement for the Obama administration in the wake of the subprime mortgage morass.

Kim Jong-Il: Into the North Korean Leader's Mind

Kim Jong-il
Kim Jong-Il died on Dec. 17, 2011, ending his brutal reign over North Korea. Experts have determined that he exhibited the so-called big six personality disorders that include being sadistic, antisocial, paranoid, narcissistic, schizoid, and schizotypal. Now they reveal the impact this will have on his son, Kim Jong-Un.
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Investment fund pushes for AOL strategy shake-up

Activist investment fund Starboard Value has taken a 4.5 percent stake in AOL Inc and is pushing for a meeting with the Internet company's chief executive and the board to address what it sees as strategic failings.
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KB Home margins fall, shares drop

KB Home posted a lower fourth-quarter profit on reduced margins, sending shares down as much as 8.5 percent, but said orders for new homes surged and home prices rose in another sign that the beleaguered housing market was gaining a foothold.
Rick Santorum

Rick Santorum News: Can He Win the Iowa Caucuses?

Rick Santorum has been a sideshow for most of the Republican presidential campaign. Now, two weeks before the Iowa caucuses, he has nabbed endorsements from two evangelical leaders, Bob Vander Plaats and Chuck Hurley. But is it too little, too late?
President Barack Obama needs several factors to break his way to improve his chance for re-election in 2012 -- the most important of which is U.S. job growth.

Obama Dials Up Boehner, Calls for Payroll Tax Cut Deal

President Barack Obama tried to budge a Congress currently deadlocked over how to bridge a divide between Senate and House plans for extending the payroll tax cut, with both sides seemingly stubborn in ceding middle ground.
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Canadian banks eye Cuban presence as tensions ease

Bank of Nova Scotia has applied to re-establish a presence in Cuba and a report says rival Royal Bank of Canada is considering a similar move in the wake of Cuban reforms and a thawing of the country's icy relationship with the United States.
Lesbian Couple Shares Historic "First Kiss"

Lesbian Couple Shares Historic 'First Kiss' in Navy Homecoming [VIDEO]

Two women, Marissa Gaeta and Citlalic Snell, made history yesterday as the first gay couple to get the first kiss, a Navy homecoming tradition where a sailor is chosen to be the first to greet his or her loved one. Their kiss is an LGBT victory after the repeal of Don't Ask, Don't Tell, and Navy officials say it's the first time a gay couple has ever participated in the tradition.
March president and CEO of Imperial Oil addresses shareholders at the company's annual general meeting in Calgary.

Imperial says Kearl project costs rise above $28 billion

Imperial Oil Ltd said on Wednesday it will go ahead with an C$8.9 billion ($8.65 billion) plan to double the size of its Kearl oil sands project, even as it said total costs for the massive mining operation have climbed by nearly a quarter.
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Fitch again warns U.S. debt burden threatens AAA rating

Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining the country's top AAA credit rating, but said there would likely be no decision on whether to cut the rating before 2013.
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Facebook to boost privacy after Irish probe

Facebook agreed on Wednesday to overhaul privacy protection for more than half a billion users outside North America, after a three-month investigation found that its privacy policies were overly complex and lacked transparency.
People walk outside the New York Stock Exchange in New York. (REUTERS/Shannon Stapleton)

Gold, Stocks, Euro Pare Gains after ECB Bank Loans

Gold lost early gains Friday, along with stocks and the euro, as an unexpectedly high number of Eurozone banks queued up for low-interest loans reminded investors of just how widespread Europe's sovereign debt crisis has become.
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Walgreen sinks as Express Scripts deal unlikely

Walgreen Co posted an unexpected drop in quarterly profit as the largest drugstore chain's margins were hurt in part by its contract dispute with pharmacy benefits manager Express Scripts Inc .
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NDAA Bill Controversy: So who is Considered a Terrorist?

The National Defense Authorization Act for Fiscal Year 2012 (NDAA) bill contains some controversial language that codifies the detention of anyone, including U.S. citizens, who is suspected of being terrorists or supporting terrorists.

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