One of Sony Corp's insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year.
World stocks hit a two-week high on Friday and the euro and oil prices rose after European leaders agreed on a package to rescue Greece that hopes to prevent the region's debt crisis from deepening.
An excavation crew recently found a human skull at the bottom of Pearl Harbor, and archaeologists are suspecting that the skull could be of a Japanese pilot who died in the historic attack in World War II, in the year 1941.
Project Delirium, a 20-month multi-agency law enforcement investigation, which targeted the La Familia Michoacana drug cartel, has been successful in arresting approximately 1,985 individuals on narcotics-related charges, the Department of Justice (DoJ) announced today.
Japan's World Cup-winning women's soccer team coach apologized on Friday after inappropriate comments one of his players made about him were published on the social networking site Twitter.
The trial of a 14-year-old hit man for a Mexican drug cartel, who admitted to beheading four people and suspected of killing three more, has started in Mexico.
Asian stocks rose and the euro climbed to a two-week high on Friday after European leaders agreed on a package to rescue debt-stricken Greece and gains will be sustained if U.S. policymakers also manage to cobble together a last minute deal.
Japan's major consumer electronics makers are expected to show April-June earnings collapsed due to the March earthquake, but focus is turning to whether they can meet their forecasts for a swift recovery, given a fragile global economy.
The FBI's arrest this week of 16 people who allegedly participated in high-profile cyber attacks is providing a treasure trove of information and will lead to further arrests, a U.S. law enforcement official told Reuters on Thursday.
Who is Wendi Deng? Wendi Deng Murdoch is Rupert Murdoch's wife.
Hackers, likely working for foreign governments, are actively trying to steal classified government data by breaking into the computer networks of contractors that work for U.S. intelligence agencies.
Borders Group has received approval from a bankruptcy judge to commence with the liquidation of its assets.
As the clamor for legalizing marijuana peaks in US, the Drug Enforcement Administration (DEA) remains adamant on its stand that smoked marijuana is harmful. Since the prescription medicine Marinol, which is a synthetic form of Delta-9-THC, the chemical found in smoked marijuana that treats distressing symptoms, is available for the medical consumption, DEA believes that legalizing smoked marijuana will only lead to misuse.
Len Blavatnik's Access Industries, Sony Music Entertainment and Vivendi SA's Universal Music Group are among the music companies and private equity firms interested in buying EMI Group Ltd , people familiar with the situation said.
Wal-Mart Stores Inc will no longer keep a tight lid on its U.S. sales data after agreeing to share information with outside research firms to help it better understand how and why customers make choices.
Google Inc boosted its spending to lobby the U.S. government by 54 percent in the second quarter, as the world's No.1 Internet search engine faces an investigation by the Federal Trade Commission.
Italy's Fiat SpA bought the U.S. and Canadian governments' stakes in Chrysler Group LLC, becoming the majority shareholder in the U.S. automaker with the ability to appoint more board members.
RIM got a bit of good news on Thursday when its PlayBook tablet received federal certification, allowing for it to be used by government agencies.
Morgan Stanley surprised investors on Thursday with second-quarter financial results that showed long-awaited progress in its effort to seize market share from large investment banking rivals.
The World Cup Champs get paid for their success.
Factory activity in the Mid-Atlantic region rebounded in July, but stubbornly high new filings for jobless benefits suggested an expected pick-up in economic growth in the second half of 2011 would be modest.
Hina Rabbani Khar, who is reportedly 34 years old, is also the youngest foreign minister in Pakistan’s history.