UNITED STATES

A no show by iPhone 5 at the Apple Worldwide Developers Conference (WWDC) 2011 could turn out to big a big miscarriage, marking a tectonic shift in Smartphone race favoring rival Android-based phones.

The Obama administration is leading a global effort to establish shadow Internet and cellphone systems to help dissidents undermine authoritarian governments, the New York Times reported on Sunday.

Talk about getting it from all sides. Economists want Americans to cut down on debt and boost spending all at once, even as home values tumble and gasoline prices soar.

David Levy, chairman of the Jerome Levy Forecasting Center, believes in the future of America. He thinks the economy will not only fully recover but also improve its position on the global stage from its current slump.

Intel Corp is planning another expansion of its chip plant in southern Israel and is seeking a government grant for part of the funding, Israel's Industry and Trade Ministry said on Sunday.

Oil prices fell on Friday as Saudi Arabia reportedly followed through on its threat to defy OPEC and unilaterally increase oil production.

Treasure hunter Bill Waren is reportedly launching an underwater search to find the corpse of Osama bin Laden as he believes that President Obama has failed to provide concrete proof of the terrorist’s death.

The first two smiling photographs of Representative Gabrielle Giffords have been released on Sunday, almost six months after a bullet struck her in the head in Tucson in January.

Almost as quickly as it was announced, Apple was sued by a company claiming damages and infringement after Apple announced its use of the now famous iCloud name.

The Federal Reserve has become the largest Treasury holder in the world in Q1 2011 at $1.34 trillion.

French parliamentarians have launched a petition calling on Air France-KLM to place a $20-25 billion plane order with Airbus and not Boeing -- but airline officials said they would split the order.

The failed launch of a perfume in memory of pop icon Michael Jackson caused a stench this week, as his father Joe Jackson distanced himself from a Frenchman behind the deal, and a lawsuit disputed their rights.

Italian fashion house Prada, which is seeking to raise up to $2.6 billion through a Hong Kong IPO, has generated five times demand for its offer, a source familiar with the matter told Reuters on Sunday.

Fazul Abdullah Mohammed, the planner of the U.S. embassy attacks in Tanzania and Kenya in 1998 was killed last Tuesday at a police checkpoint, Somali authorities said Saturday.

Fazul Abdullah Mohammed, Africa's most wanted al Qaeda operative and the mastermind behind the 1998 U.S. embassy bombings in Nairobi and Dar es Salaam, which killed 240 people, was killed during a shootout in Somalia.

The 2011 “Power Lunch with Warren Buffett” went for $2.6 million this year. The buyer chose to remain anonymous for now.

The International Monetary Fund has succumbed to a cyber-attack, joining a growing list profile targets to fall victim to hacking.

Alaska released a massive trove of e-mail messages from Sarah Palin's days as governor on Friday shedding light on the 2008 Presidential campaign before she was picked as Sen. John McCain's running mate.

Saudi Arabia will seek a greater role in the International Monetary Fund , its finance minister said on Saturday after meeting with France's Christine Lagarde on her campaign to head the Washington-based lender.

Comedian Tracy Morgan’s homophobic comments during his performance in Nashville last week was unacceptable.

The 'big-3' of the mobile arena -- Motorola, Nokia and RIM -- are struggling to maintain relevance as they increasingly lose ground in what looks to be an emerging duopoly between Apple and Google.