The recent decision of the United States to withhold $800 million military aid to Pakistan further embitters the already strained relations between the two countries and may put an end to the military cooperation between them.
Wall Street was set to skid more than 1 percent at the open on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
European aircraft builder Airbus
aims to win a large plane order from AMR Corp's American Airlines by offering $6 billion in preferential financing to woo the American carrier away from rival Boeing , according to the Wall Street Journal.
China will probably not yield to demands to ease export restrictions on rare earths, unlike its flexibility in some previous trade disputes, even after the World Trade Organization ruled against it in a related case.
Stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
U.S. stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
She has been an incredible lady with 25 years talk show career which ended in May and now been counted as the most favorite host for the Oscars ceremony that going to be held in Feburary 2012.
Apple may launch iPhone 5 in October/November, instead of September, as the California-based technology giant is said to begin production of the next-generation iPhone in August/September.
The British government has asked the media regulator to consider whether undertakings provided by News Corp to secure a buy out of BSkyB are still credible in light of a phone hacking scandal.
Scientists have found a superbug strain of gonorrhoea in Japan that is resistant to all recommended antibiotics and say it could transform a once easily treatable infection into a global public health threat.
Funny took a back seat to explosions and robotic mayhem in the latest weekend North American box office results, according to studio estimates.
Motorola Droid Bionic has to deal with 4 versions of Samsung Galaxy S2
On the first day of the final US shuttle mission, astronauts inspected the hull of the Atlantis and so far, there have been no reports of any damage.
Circumcision will be banned in San Francisco if a November ballot initiative passes, prompting many to charge that the initiative is anti-Semitic. Jewish people are furious, saying that circumcision, the removal of foreskin eight days after a male baby is born, is part of their religion and that this is yet another example of Anti-Semitism akin to Mel Gibson's consistent hostility towards Jews.
Prince William and Catherine of Cambridge concluded their three-day visit in Southern California on Sunday, and departed for London.
The unprecedented San Francisco circumcision ban campaign, which will culminate in a referendum in November, is anti-Semitic, stated the Anti-Defamation League and other Jewish voices.
President Obama said today that a debt deal with Congress needs to be devised within the next 10 days and will meet with top lawmakers at the White House tonight. Aides aid that the president will make one last push for major deficit reduction deals.
The Center for Disease Control and Prevention and the Arizona Department of Health said Friday that a man who recently traveled to Germany was infected by the German E. coli outbreak. The man died from kidney complications.
BSkyB shares will be under pressure again in the coming week after a weekend in which politicians ramped up their rhetoric to derail a proposed $14 billion takeover by U.S. media conglomerate News Corp .
A dismal U.S. jobs report. A European debt crisis for which there is no quick fix. Slowing growth in China.
The Space Shuttle Atlantis Crew reached the International Space Station at 12:47 pm ET on Sunday, stated NASA.