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EU, US weigh more sanctions against Syrian leaders

The European Union and United States are preparing to hit Syria's leaders with new sanctions as anti-government protesters are still facing a brutal crackdown.

Asia stocks rise amid caution over euro debt, U.S. data

Asia shares rose from a six-week low Wednesday, led by consumer stocks, but disappointing U.S. data have made some investors reluctant to follow commodity prices higher, containing a bounce in risky assets from currencies to oil.

Takeda to reveal purchase of Nycomed Wednesday

Takeda Pharmaceutical Co <4502.T>, Japan's largest drugmaker, will announce the 1 trillion yen ($12 billion) purchase of closely held Swiss rival Nycomed on Wednesday as it seeks to expand in Europe and emerging markets, Japanese business daily Nikkei reported.

On-demand surge: Netflix movies account for 30% peak Internet traffic in US

A new study has revealed that Netflix movies account for a lion's share of peak hour Internet traffic within the United States. The Sandvine Inc study shows that web browsing now accounts for only less than 17 percent of peak hour traffic, with Netflix movies and TV shows shattering the lead held by web browsing and peer-to-peer file sharing even late into the last year.

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Israel-Palestine peace talks vital: Obama

After the talks with King Abdullah II of Jordan ahead of a full week of intense negotiation, Obama has guaranteed that he will call for a two-state solution for the Israel-Palestine conflict.

Maria Shriver speaks out on Arnold's affair, love child

'This is a painful and heartbreaking time': Maria Shriver on Arnold Schwarzenegger's affair with a household maid in which he fathered a love child

Arnold Schwarzenegger's love child revealed (PHOTOS)

According to TMZ, it has been revealed that Schwarzenegger fathered a boy with his maid named Mildred Patricia Baena (she goes by Patty), who was a housekeeper/assistant for the family for more than 20 years. Her jobs included cleaning, laundry, cooking and other chores.

Sony defends response time to hacker

Sony Corp's CEO was unapologetic about the company's delay in informing owners of more than 100 million accounts of its networked services whose information was stolen by hackers last month.

Schwarzenegger Affair: Mother, Love Child Revealed [PHOTO]

The mother of Arnold Schwarzenegger's child born out of wedlock has been identified and revealed, according to a report.

Sony offers free games to PSN customers

North American PlayStation Network customers will get free game downloads and video rentals as a welcome back following a massive outage and data breach.

Wal-Mart tops view; key sales down 1.1 percent

Wal-Mart Stores Inc's U.S. same-store sales have fallen for two straight years, as customers struggle with high unemployment and wages that are not keeping up with rising prices for food and other basics.

Religious Leader's Response to May 21st Judgment Day Claim

If you have seen people flashing boards and passing out flyers reading 'God's judgment day - May 21, 2011' then you can be sure that these claims were most likely made by Harold Camping's prediction of earth's judgment day.

McDonald's comes under fire ahead of annual meeting

Hundreds of health organizations and professionals signed a letter to McDonald's Corp , asking the fast-food chain to stop marketing junk food to children, including with Happy Meals and the Ronald McDonald clown character.

Mortgage mess dominates JPMorgan annual meeting

JPMorgan Chase & Co Chief Executive Jamie Dimon faced harsh questions about mortgage foreclosures at the bank's annual meeting, and he promised the company would fix what it could.

Frenchman: Strauss-Kahn committed “no violent crime”

Jack Lang, a Frenchman and member of Dominique Strauss-Kahn’s political party, is angry at the “inhuman” way Strauss-Kahn has been treated by US authorities.

Symantec looking to buy

Symantec Corp's chief executive is looking to do acquisitions and next week may let investors know just how hungry the security and storage software company will be this year.

Apache Corp plans to raise 2011 capex by 8 percent

U.S. oil and gas company Apache Corp said on Tuesday it plans to raise 2011 capital expenditures by 8 percent and further increases are possible if oil prices remain high.

Statistics in commodity markets and especially silver off the charts

Alarmingly frequent bubbles and busts in copper, wheat, crude oil, silver and pretty much all other natural resources might now be the collateral damage of QE

Economic data suggests soft patch continues

U.S. factory output slipped for the first time in 10 months in April as a shortage of parts from Japan crimped activity and home building slumped, showing the economy got off to a weak start in the second quarter.

Soros vs Paulson: Who is Right About Gold? [CHART]

The two hottest personalities in the hedge fund industry just disagreed about the hottest investment in the world.

Twins' Hall of Famer Killebrew dies at 74

Harmon Killebrew, one of Major League Baseball's greatest sluggers, died on Tuesday after battling esophageal cancer. He was aged 74.

Iowa voter: Gingrich is 'embarrassment' to Republican Party

After making disparaging remarks Sunday about Republican Rep. Paul Ryan's budget, Newt Gingrich had an angry Iowa voter to deal with.

Maria Shriver speaks out about Schwarzenegger’s out of wedlock child

After news broke that former Governor of California, Arnold Schwarzenegger had an affair and fathered a child with a member of the household staff, Maria Shriver is breaking her silence.

Pakistan arrests al-Qaeda operative

Pakistan security forces have arrested a senior al-Qaeda official in Karachi on Tuesday, suggesting that Islamabad may finally get serious about cracking down on terrorists operating within her borders, two weeks after the spectacular killing of Osama bin Laden by US commando forces.

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