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Charlie Sheen Will be Killed Off Two and a Half Men

Decision ensures that Sheen can never come back to the show

Obama Deficit Reduction Plan May Tax Slice of Mega-Rich, Not Rich

Will Taxes Rise on Jet-Owning Income Group?

If your adjusted gross income is under $250,000, you may get a reprieve, if the Obama administration's latest deficit reduction proposal becomes law after debt ceiling talks have concluded. The administration is now said-to-be seeking to increase taxes on a narrow slice of the mega-rich, such as owners of private jets.

Apple iPhone 5 and mid-range iPhone 4S see September launch date

If you think the unlocked iPhone is too pricey, you're in luck - technology giant Apple is reportedly mulling a release of a mid-range iPhone sometime in September that won't tie you down to any contract.

Former Citi VP courts arrest for involvement in $19 million fraud

Gary Foster, a former vice president at Citigroup's treasury finance department, has been arrested for his alleged involvement in a $19 million fraud.

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Court strikes down minor violent video game ban

Governments cannot ban the sale or rental of violent video games to minors because it would violate free-speech rights, the U.S. Supreme Court said on Monday in its first ruling in a video game case.

Former Illinois Governor Blagojevich and wife leave the Dirksen Federal building during his second corruption trial in Chicago

Blagojevich Verdict: Guilty of Trying to Sell Obama’s Senate Seat [PHOTOS & QUOTES]

Former Illinois Governor Rod Blagojevich was found guilty of attempting to sell President Barack Obama's vacated Illinois Senate seat.

Chatting, texts, now apps distract young drivers

NEW YORK (Reuters Life!) - First it was chatting, then texts. Now apps are distracting young drivers, with more than a third of college students at a U.S. university saying they use them while behind the wheel.

12 percent of US adults have e-readers, adoption outpaces tablets

E-reader ownership has increased to 12 percent from 6 percent between November 2010 and May 2011, according to a survey conducted by the Pew Research Center.

Supreme Court to decide police GPS tracking case

The Supreme Court is to rule on whether a 220-year-old amendment to the Constitution prevents police from using 21st century tracking technology to keep tabs on criminal suspects.

July 4th Weekend: Top 50 Independence Day Destinations

Priceline.com recently released its annual survey of the 50 most popular destinations for the upcoming Independence Day weekend in the United States, and one of the biggest surprises may be that many of the top spots aren't in the U.S. They're in Canada!

BMO looking to hire investment bankers in U.S.

Bank of Montreal's BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory.

President Obama's Big Mistake: Suggesting an end to business tax break worth $72 billion

President Obama wants to end a tax break worth $72 billion to U.S. businesses. Doing so would be a big mistake.

Lars Frederiksen, singer/guitarist for the punk rock band Rancid

Vans 'Warped Tour' features Gym Class Heros, Simple Plan & Sum 41

Over 49,000 people were in Texas to kick off the Vans 'We Are Warped Tour' with performances in Dallas, Houston and San Antonio.

Wall St rebounds, led higher by banks

U.S. stocks rebounded from three days of losses on Monday, led by banks after regulators announced global capital rules that investors viewed as less as onerous as previously anticipated.

Wall Street rises as banks rally

Stocks rebounded from three days of losses on Monday, led by banks after regulators announced global capital rules that investors viewed as less onerous than previously expected.

After bin Laden, militants flood net with threats

Militants mourning Osama bin Laden have stepped up threats against targets in the West, taking their cue from an al Qaeda statement that followers in the United States and Europe are perfectly placed to strike.

ICC Arrest Warrant Further Erodes Gaddafi’s Legitimacy: White House

The US government has commented that an arrest warrant for Moammar Gaddafi by the International Criminal Court further erodes the legitimacy of his rule.

Christie No Fan of Gay Marriage, Will Not Follow New York's Lead

New Jersey Governor Chris Christie said he is “not a fan” of same-sex marriage and, therefore, will not be emulating New York’s legalization of it.

Fox News host Chris Wallace apologes for asking presidential candidate Bachmann if she's a flake

Fox news host Chris Wallace says he's sorry for asking Republican presidential candidate Michele Bachmann if she's a flake.

Pakistan Taliban Threaten Attacks On US, UK, France

The Pakistani Taliban has threatened to carry out ten new terror attacks in the U.S. and Europe in revenge for the murder of Osama bin Laden by American commandos last month.

LSE makes latest high-frequency move

The London Stock Exchange has launched a super-fast trading service in its latest bid to court more business from high-frequency trading firms.

Supreme Court strikes down California video game law

The government cannot ban the sale or rental of violent video games to minors as this would violate free-speech rights, the Supreme Court said on Monday in its first ruling in a video game case.

Honduran immigrants ride on the top of a freight train

Armed Men in Southern Mexico Suspected of Mass Train Kidnapping of Immigrants

Immigrant advocates in Mexico denounced a possible mass kidnapping of immigrants traveling by train by armed men in black luxury cars in the southern part of the country last week, according to news agency EFE.

Google sees growing struggle over web censorship

Internet giant Google's tussles with some governments over Internet censorship could get worse, Executive Chairman Eric Schmidt said on Monday, adding he feared his own colleagues faced mounting danger of occasional arrest and torture.

China Slams U.S. war in Middle East, Afghanistan; calls for caution in Libya

After a diplomatic meeting with British Prime Minister David Cameron in London, Chinese Premier Wen Jiabao said that Beijing supports a political resolution to the conflict in Libya.

Instant View: Consumer spending flat in May as auto sales slump

U.S. consumer spending was unchanged in May for the first time in almost a year, likely reflecting a plunge in auto sales, according to a government report on Monday, that also showed a build-up in underlying inflation pressures.

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