UNITED STATES

U.S. executes most challenging missile-defense test

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The U.S. military said it had successfully completed its most challenging missile intercept test yet, using Lockheed Martin Corp and Raytheon Co hardware to shoot down an intermediate-range ballistic target over the Pacific.

Banks, SEC in talks to settle mortgage charges: report

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The securities regulator is in talks with major Wall Street banks to settle fraud allegations relating to the sale of toxic mortgage bonds to various investors that helped unleash the financial crisis, the Wall Street Journal reported, citing sources familiar with the matter.
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Donald Trump

Donald Trump loses all credibility, makes mockery of presidential race

By even entertaining the possibility of making any type of presidential announcements on The Apprentice, Donald Trump has just lost all his credibility as a serious presidential candidate. He also made a mockery of the 2012 presidential race and the democratic process of the United States.

440,000 Nintendo 3DS units sold in first week

Nintendo Co said the 3DS device has made a good start with 440,000 units sold in the US in a weeks’ time. Launched on March 27, Nintendo 3DS has successfully out-performed its Wii.
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Core inflation rises mildly in March

Rising food and gasoline prices lifted U.S. consumer inflation as expected in March, but underlying inflation pressures remained contained, a government report showed on Friday.
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China growth sizzles, inflation bubbles

China's turbo-charged growth eased just a touch in the first quarter, while its inflation jumped to a 32-month high, putting pressure on the government to do more to rein in prices and keep the economy on an even keel.
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Asia, Europe data point to mounting inflation risks

China and India reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.
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Micro Focus chairman takes over as CEO goes

IT firm Micro Focus Intl parted company with chief executive Nigel Clifford on Friday, leaving chairman Kevin Loosemore to take control at the British firm which issued a third profit warning in February.
Libya's leader Muammar Gaddafi

Talk of Gaddafi's exit is insult to all Libyans: Aisha

Embattled Libyan leader Muammar Gaddafi's daughter Aisha Gaddafi made a rare public appearance in capital Tripoli to rally support for her father, saying the talk about Gaddafi stepping down is an insult to all Libyans. Gaddafi is not in Libya but in the hearts of Libyans, she said.
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Gold hits record on weak dollar, China inflation data

Gold jumped to another record high on Friday after the dollar fell to its lowest since late 2009 against a basket of major currencies, taking silver to a 31-year high, while inflation pressures in China also helped lift bullion's appeal.
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Outlook uncertain, G20 to target imbalances

Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.
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NOAA predicts high impact weather across the US on Friday

Widespread severe weather will likely move east into the Middle and Lower Mississippi River Valley on Friday after causing dangerous fire weather conditions across eastern New Mexico, west Texas and western Oklahoma, the National Oceanic and Atmospheric Administration's National Weather Service has said.

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