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NC-17 Shame a muscular performer at box office

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Fox Searchlight debuted its NC-17 rated Shame to $361,181 at 10 U.S. locations this weekend, according to studio estimates, for an outstanding per-screen average of more than $36,000.
U.S. Postal Service

U.S. Postal Service Cutbacks Likely to Slow Mail Delivery

In the financial crisis-era, with its constrained public revenue from a smaller U.S. workforce, almost every government agency is forced to belt-tighten -- including the U.S. Postal Service, which will implement historic cutbacks starting in the spring of 2012.
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Galaxy Nexus

Verizon Galaxy Nexus LTE Accessories are out, will the Phone be Next?

The treacherous Verizon Galaxy Nexus tease continues as the phone has made a debut online, flaunting its speedy 4G connectivity and exclusive accessories. But there is still no real way of knowing when the phone will officially be released, only the signs suggest that it will be soon.
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November service sector growth slows

The economy showed signs it was decelerating, with an index of service activity pointing to slower growth in November while new orders for factory goods declined in October for the second straight month.
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CFTC approves rule on protection of customer funds

The U.S. futures regulator approved on Monday a rule that puts tighter limits on how brokerage firms can use customer funds, a measure that the now-bankrupt MF Global had encouraged the agency to delay.
A U.S. flag flies above Wells Fargo & Co headquarters in San Francisco

Bank Earnings Will Tank This Quarter: Wells Fargo

In a research note, banking industry analyst Matthew Burnell reduced fourth-quarter earnings estimates for JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS). Burnell reduced the earning estimates for JPMorgan and Citi by about 4 percent, but sounded a much more pessimistic note on Goldman and Morgan Stanley.
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November Service Sector Growth Slows in U.S.

The economy showed signs it was decelerating, with an index of service activity pointing to slower growth in November while new orders for factory goods declined in October for the second straight month.
The Arab League

Syria Agrees to Arab League Deal, But With Conditions

Syria has responded positively to an Arab League request that it allow observers into the country as part of a peace plan to end an eight-month-long uprising, but on the condition that the League drop sanctions and agree to amendments that league officials have previously rejected, the Foreign Ministry said Monday.
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Wall Street Gains on Eurozone Debt Progress

Stocks rallied more than one percent on Monday, building on the previous week's gains, as optimism grew an agreement between French and German leaders would break new ground to resolve the Eurozone debt crisis.

Top Stories of 2011: 10 Stories To Remember (Or Forget)

The mastermind of the 9/11 attacks on the U.S., bin Laden managed to hide out for almost a decade despite the world's most aggressive global manhunt and a $25 million reward for information leading to his capture or killing. On May 1, U.S. President Barack Obama decided to send a small U.S. force into a compound where Obama was believed to be hiding in Pakistan. Osama bin Laden was killed in the raid, and after DNA confirmation was buried at sea. Obama announced bin Laden's killing i...
U.S. Stock Market

U.S. Stock Market - Is Dow 12,000 the End or Beginning of a Rally?

You can't blame investors for feeling a bit hesitant regarding deploying new money in the U.S. stock market these days. Lingering concern about Italy's finances, along with below-trend U.S. GDP growth has created an uncertain U.S./Europe economic outlook. Where's the Dow likely to head in the next six months?
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Coke Says Child's Death in China Not Linked to Product

Coca-Cola Co. defended on Friday the safety of its yogurt drinks sold in northern China, denying there was any link to the death of a child or the illness of three other people who had consumed the drinks, but said it removed the product from shelves in a precautionary move.
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CFTC set to vote on rule opposed by MF Global

The futures regulator will vote on Monday on a rule that would put tighter limits on how brokerage firms can use customer funds, a measure now-bankrupt MF Global had encouraged the agency to delay.
Rima Fakih

Rima Fakih Arrested for DUI: Miss USA Has History of Scandals [PHOTOS]

Miss USA 2010 Rima Fakim has been arrested for driving with twice the legal limit of alcohol in her system. This is not the first time Miss Michigan has attracted controversy, or that a contestant has been the subject of scandal. Get all the details on past controversies, and see photos of Fakih's risque past before the DUI.
The MetLife building is seen in New York

MetLife sees 2012 growth, going back to Fed soon

MetLife expects operating earnings to rise as much as 7 percent in 2012, the largest life insurer in the United States said on Monday, though its forecasts for the fourth quarter and full-year 2011 were below expectations.
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Stock futures advance on euro zone optimism

Stock indexes pointed to gains of about 1 percent at the open on Monday, building on the previous week's gains, as optimism grew that an upcoming European Union summit would break new ground to resolve the euro zone debt crisis.

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