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Lulzsec Steps Aside; Anonymous To Carry The Torch

Lulzsec says it is no more; hands hacking duties to Anonymous.

California kids won't be banned from playing violent video games

In its first ruling in a video game case, the Supreme Court on Monday rejected a California law that would have banned the sale or rental of violent video games to kids.

IMF Poised to Choose France's Lagarde as Next Leader

French Finance Minister Christine Lagarde is expected to be chosen as early as Tuesday to be the new leader of the International Monetary Fund, The Associated Press reported.

Analysis: New bank rules may hurt big banks, help regionals

New regulations announced over the weekend will likely benefit PNC Financial Services Group Inc, US Bancorp and smaller U.S. banks at the expense of bigger competitors including Bank of America Corp and JPMorgan Chase & Co.

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Amanda Knox on Murder Trial: Tragic Heroine or She-Devil? [PHOTOS]

While Casey Anthony's first-degree murder Trial stirs up a national sensation in the U.S., the murder trial of Meredith Kercher has gained international attention due to its controversies around the validity of the convictions and the conduct of the police investigation and prosecution. Taking center stage is Amanda Knox, Kercher's roommate.

Sprouts spark 20 cases of Salmonella poisoning FDA says

The U.S. Food and Drug Administration along with Centers for Disease Control and Prevention and public health agencies are warning consumers not to eat Evergreen Produce brand alfalfa sprouts or spicy sprouts because they may be linked to 20 cases of salmonella poisoning.

Ratings agency Moody's says Japan may face a third lost decade.

Moody's says Japan heading to third lost decade

Ratings agency Moody's says Japan's debt level may lead to the country's third consecutive lost decade.

Consumer spending breaks 10-month rising streak

U.S. consumer spending failed to rise in May, breaking 10 straight months of gains, as households struggled with rising prices and automakers could not deliver some popular models due to fallout from Japan's earthquake.

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.

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