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The Giant Phoenix Dust Storm, Explained

Phoenix dust storm
The massive storm that rushed across Phoenix last night with a wall of dust at least 5,000 feet high might look crazy, but the phenomenon is not all that uncommon in southern Arizona.

China raises rates, shrugs off slowing growth

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China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as the growth pace of its vast economy gently eases.
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Wall Street slips on global growth worry

Stocks fell slightly on Wednesday after a downgrade of Portugal's credit rating, China's interest rate rise and a soft report on the U.S. services sector sparked jitters about global growth prospects.
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China to reform rare earth exports after WTO

China will reform its export of rare earths based in part on World Trade Organization rules, state media reported on Wednesday, a day after the global trade governing body ruled against its curbs on exports.
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Banks chafe at pay clawbacks in liquidation plan

Banks and other large financial companies that could be seized and liquidated by the U.S. government are balking at a proposed plan they argue gives regulators too much power to snatch back executives' pay if their institutions fail.
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Wall St set to open lower on Portugal, China

Stocks were poised for a lower open on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise sparked jitters about global growth prospects.
Aden's City in southern Yemen

U.S. to Try Somali Terror Suspect in Civilian Court

A Somali terror suspect captured and interrogated by the U.S. military in the Gulf of Aden will face a federal indictment in New York, placing the man at the center of an ongoing debate about how and where to try terror suspects.
Casey Anthony

Casey Anthony Can Even Appeal Conviction on Lying Charges and Be 100% Innocent

Casey Anthony was convicted of four misdemeanor counts of lying to law enforcement officers. Though she could face up to four years in prison, her having spent 3 years in jail may release Anthony as early as tomorrow, when the sentence is announced.What's more, Anthony can potentially appeal the conviction and be found completely innocent.
Casey Anthony

Casey Anthony Verdict: Black or White, How Does It Matter?

Casey Anthony, the 25-year-old Orlando, was reportedly tearing up after she heard the not guilty verdict on Tuesday evening. The seven-woman, five-man jury delivered the verdict at 2:15 p.m. on Tuesday, finding Casey Anthony not guilty of all counts except for providing false information to law enforcement officers.
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Microsoft wants Samsung to pay smartphone license: report

Microsoft Corp has demanded that Samsung Electronics Co Ltd pay $15 for each smartphone handset it makes based on Google Inc's Android operating system as the software giant has a wide range of patents used in the mobile platform, local media reported on Wednesday.
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Planned layoffs rise in June: Challenger

The number of planned layoffs at U.S. firms increased for the second month in a row in June, though downsizing in the first half of the year was at the lowest level since 2000, a report on Wednesday showed.
Casey Anthony

Why Casey Anthony can Never be Retried Even If She Says I Did It?

Casey Anthony trial verdict has made a majority of those who have been following the trial gasp in shock. Casey Anthony, mother of the dead two-year-old Caylee Anthony, has been found not guilty of murder, aggravated child abuse, and aggravated manslaughter, but guilty of four misdemeanor counts of providing false information to a law enforcement officer. In fact, even if Casey chooses to make some money by confessing to her crime or write an OJ Simpson-style If I Did It type book nothin...
Casey Anthony

Casey Anthony Let off: List of 10 Women Who Killed Their Children

Casey Anthony trial verdict has made a majority of those who have been following the trial gasp in shock as Casey was let off from first-degree murder, aggravated child abuse, and aggravated manslaughter. However, she was convicted for four misdemeanor counts of providing false information to law enforcement officials.
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A Lit Pond Produces More, Bigger Crawfish: Research

In an attempt to find ways to produce more and bigger crawfish, a Louisiana researcher said, she's had success with lighting the ponds at night and also believes that her work could pave the way for expanding crawfish farming in cooler areas, an AP report said.
Casey Anthony

Casey Anthony Acquittal: 200 women kill children every year in US

The nation was shocked by the Casey Anthony verdict in which the jury said Casey was not guilty of first degree murder, aggravated child abuse and aggravated manslaughter. She was found guilty only in four counts relating to the lies she told the investigators.

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