The Paul Ceglia vs. Facebook lawsuit has got another twist in the tale, as the Menlo Park, California-based social networking company has claimed to have revealed "smoking gun" evidence against Ceglia, the New York state resident, who claimed half of Mark Zuckerberg's stake in Facebook.
In its rationale for lowering the U.S. top level credit rating, Standard & Poor's cited a "prolonged" political fight to raise the debt ceiling and "containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues."
The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy.
Credit rating agency Standard & Poor's has lowered the long-term U.S. credit rating to AA+ from AAA, saying that in its opinion, a recently passed deficit cutting plan by the U.S. government fell short of the goal of stabilizing the government's medium-term debt dynamics.
U.S. Treasuries are officially no longer risk-free.
The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday in an unprecedented reversal of fortune for the world's largest economy.
Big, brash and confident as ever, Simon Cowell said on Friday that his upcoming "The X Factor" would thrash the competition on U.S. television and topple "American Idol" as the nation's most-watched show.
Jennifer Lopez's future as a judge with "American Idol" is still up in the air, after Fox television on Friday declined to confirm or deny reports that she had signed on for a second season.
Bolstered by strong reviews, "The Rise of the Planet of the Apes" notched a solid $1.25 million in midnight showings on Friday, according to studio estimates.
The winner of Fox's new "X Factor" is going to get some major exposure, and not just on the show. The singer will also star in a Pepsi commercial scheduled to air on NBC during Super Bowl XLVI.
Stocks closed out their worst week in more than two years on Friday in a volatile session that saw the major indexes whip back and forth before the S&P 500 ended down less than a point.
U.S. sales of Blu-ray movie and television discs rose this year as overall spending on home entertainment dropped and viewing habits shifted, new figures from an industry group showed.
Sanford Wallace, known as the Spam King, has turned himself in to U.S. authorities after he was indicted for masterminding a scheme that sent more than 27 million unsolicited junk messages through Facebook's servers.
South American nations said on Friday they are well-positioned to withstand a sharper global downturn but want to insulate their economies further from a crisis of confidence they blame on Europe and the United States.
Two energy blasts from the sun are causing "tsunamis in space."
U.S. consumer credit shot up in June by $15.53 billion, according to a Federal Reserve report on Friday that showed consumers were willing to keep borrowing robustly in a tight job market.
The new coach makes his debut with the U.S. team.
The U.S. government expects its debt to be downgraded by credit ratings agency Standard & Poor's from its current triple-A rating and is preparing for the event, ABC News said on Friday.
Stocks closed out their worst week in more than two years on Friday in a volatile session that saw the major indexes whip back and forth before the S&P 500 ended down less than a point.
Obese men with diabetes 2 can enhance erectile function and decrease urinary tract symptoms along with increased sexual desire by losing weight, a new study published in the Journal of Sexual Medicine shows.
U.S. stocks ended a horrendous week with a volatile session that left many questions unanswered.
The U.S. government expects its debt to be downgraded by credit ratings agency Standard & Poor's from its current triple-A rating and is preparing for the event, ABC News said on Friday.
