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A soldier wounded in Afghanistan applauds as U.S. President Barack Obama speaks to troops at Fort Campbell in Kentucky May 6, 2011. Obama addressed several military units that have recently returned from duty in Afghanistan.

Is it good to have more Muslims in US military?

A Lance Corporal Marine Corps reservist was taken into custody on Friday after it was established that he was the person dubiously spotted near the Pentagon and had parked his car in the bushes nearby.

Why is RIM losing out in the smartphone market?

Research In Motion(RIM) once dominant of smartphone space has seen its shares drop by 20 per cent, taking it to the lowest level in almost five years, as the consumers shift their attention to sleeker phones from competitors like Apple.
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Congressman Anthony Weiner speaks to the press in New York, June 6, 2011.

How much do taxpayers pay to 'sexting' Rep.Anthony Weiner?

How much will US taxpayers pay for the 'retirement' of Representative Anthony Weiner, who decided to resign from the Congress in the wake of a damaging online sex scandal? The amount he will get in retirement is close to one million dollars, according to reports.
al-Zawahiri, bin Laden

Bin Laden Charges Formally Dropped

The United States has formally dropped criminal charges against for al-Qaeda leader Osama bin Laden, who was killed in a U.S. military raid in Pakistan last month, BBC News reported.
Gay rights activist (L and 2nd L front) argue with Russian nationalists

In a First, U.N. Backs Gay Rights in Divided Vote

The United Nations passed a resolution today condemning discrimination on the basis of sexual orientation, marking the first time the organization has explicitly recognized that form of repression.
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Best Buy settles class-action bias lawsuit

Best Buy Co agreed to settle a class-action lawsuit accusing the largest U.S. electronics retailer of job discrimination, paying a total of $200,000 to the nine named plaintiffs plus as much as $10 million for legal fees and costs.
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N.Y. man gets 20 years for $24 million Ponzi scheme

With dozens of his victims watching, an investment manager once dubbed by the media as Brooklyn's Bernie Madoff, was sentenced on Friday to 20 years in prison for operating a decades-long Ponzi scheme that bilked hundreds of investors out of more than $24 million.
America Idol

American Idol 2011 Auditions

FOX singing competition American Idol announced updated Season 11 audition dates and locations Friday, according to the American Idol Web site.
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Payrolls shrink, jobless rates drop in many states

The number of people on companies' payrolls shrank in more than half the U.S. states in May, even though the jobless rates in many places continued to improve, Labor Department data released on Friday showed.
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FDIC, WaMu ex-CEO nearing settlement of lawsuit

Former Washington Mutual Inc Chief Executive Kerry Killinger and two of his top lieutenants are nearing a settlement with the Federal Deposit Insurance Corp over the failure of what was the largest U.S. savings and loan.
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Ex-Colonial Bank exec gets 8 years in TBW fraud

A former bank executive who served as the go-between for Taylor, Bean & Whitaker Mortgage Corp, which collapsed from a $2.9 billion fraud scheme, was sentenced on Friday to eight years in federal prison.
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Mixed data point to wobbly recovery

Consumer sentiment worsened this month on renewed concerns about the outlook for the economy and as gloom about job and income prospects persisted, data showed on Friday.
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Dow, S&P gain on signs of Greece help, Nasdaq off

The Dow and S&P 500 edged up on Friday after France and Germany reached an outline agreement to aid debt-burdened Greece, but the Nasdaq declined and analysts said a recent bearish trend may not be over.

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