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Iran Tests Fires Missiles, West Warns of Quick Response

War Drills Sparks Rumor Mill, Sends Crude Sky High

In what was probably Iran's response to growing threats made against its sovereignty, and a possible show of strength, the Middle Eastern country announced it is planning war drills to practice closing off the Strait of Hormuz -- one of the world's main oil arteries.
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Strait of Hormuz

Strait of Hormuz Closing Rumors Spike Oil Price

Roughly one-third of the world's oil tanker traffic passes through the Strait of Hormuz, according to The Associated Press, and just a brief closure would put a noticeable clamp on global supplies, likely sending prices higher.
Charlie Sheen gets his "Anger Management" on TV show

Men producers feared cocaine would kill Charlie Sheen

Charlie Sheen was fired from his starring role on TV sitcom Two and A Half Men because he was so addicted to cocaine that program makers feared he might die, or cause someone else to die, producer Chuck Lorre said.
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Stillbirths: Researchers Find Common Causes, Mysteries Remain

Researchers gave an epidemiological look Tuesday into the reasons and risks behind stillbirths and opened possible ways to prevent the devastating deaths of an estimated one out of every 160 pregnancies that predominantly affects black women.
Actress Rooney Mara poses during a press meeting in Stockholm

Critics stamp their approval on Dragon Tattoo

Director David Fincher's film adaptation of The Girl with the Dragon Tattoo earned solid early reviews on Tuesday following its London premiere, and the studio behind it pushed up the release in a crowded holiday season.
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The Kooks aim to make an impact in the U.S.

British band The Kooks wrap up the current U.S. leg of their tour this week, setting their sights beyond their first three records and aiming to score a major hit in America with new music to come.
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Merck CEO defends hefty research spending

The chief executive of Merck & Co on Tuesday defended his refusal to slash the drugmaker's $8 billion research budget and warned that global price constraints threaten the pharmaceutical industry's ability to innovate.
Gold Bars

Gold Prices Fall to Two-Month Low

Gold prices slipped Tuesday, its seventh consecutive daily decline, to a two-month low as the dollar posted big gains in light trading.
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Fed sees risks from Europe

The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
Verizon Galaxy Nexus

Verizon Galaxy Nexus: Next Stop Costco on Dec.15?

It seems the long hard wait for the Verizon Galaxy Nexus is drawing to a close. Verizon continues to hold its silence, but the phone has already surfaced in some Best Buy stores and the next stop appears to be Costco on Dec.15, according to the stores internal pricing guides.
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Exclusive: Steve Cohen calls insider trading rules vague

Hedge fund billionaire Steven A. Cohen in sworn testimony earlier this year called the rules on insider trading very vague and said sometimes it's a judgment call as to whether a tidbit about a public company is inside information.

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