UNITED STATES

Fannie ex-CEO may face claims in SEC probe: report

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Daniel Mudd, the former CEO of government-sponsored mortgage firm Fannie Mae, has received notice from U.S. regulators that he may face claims for allegedly misleading investors about the mortgage company's exposure to subprime loans, Bloomberg said.
Bombing

Japan death toll: Over 100,000 died in Tokyo bombing

Exactly 66 years ago, the U.S. Airforce conducted the largest single firebombing in history over Tokyo which killed at least 100,000 residents and injured up to one million people. Burning large parts of the city with incendiary bombs was thus more effective in killing civilians than either the Hiroshima or Nagasaki atomic bombs.
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Massive Tsunami in Japan Sweeps Away Cars, Planes and Homes (Photos)

A massive 8.9 earthquake struck Japan on Friday triggering a reportedly 33-feet high (10 meters) tsunami that swept away cars, planes, homes and even some smaller buildings along the country's northeastern coast.A tsunami warning was issued for the entire Pacific basin, except initially, for the U.S. and Canada.
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Hulu plans to shrink its board: report

Internet video firm Hulu is planning to reduce the size of its board in an attempt to streamline decision-making within the venture, the Wall Street Journal said, citing people familiar with the plan.
Houses lie flattened after a powerful earthquake in Iwaki, Fukushima Prefecture March 11, 2011.

U.S. Activates Aid Efforts for Japan in Quake Aftermath

The U.S. will assist Japan with heavy lifting equipment to move debris and has activated two search and rescue teams to help in the aftermath of the massive 8.9 magnitude earthquake and subsequent Tsunami on Friday that has already killed hundreds of people and has injured and displaced many others.
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Lines form at Apple stores ahead of iPad 2 sale

Hundreds of people are lining up at Apple Inc stores on both U.S. coasts hours before the iPad 2 goes on sale on Friday, signaling strong appetite for a device that extends Apple's lead in the fledgling market it created.
Disney World to end Grad Nite

Disney World to end Grad Nite

An exclusive high school graduation celebration at Walt Disney World Resort's Magic Kingdom in Florida will come to an end, as the theme park is pulling the plug on the annual event after 2011.
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Rare video glimpse of Guantanamo Bay prison

Guantánamo Bay is a bay located in Guantánamo Province at the southeastern end of Cuba. It is the largest harbor on the south side of the island and is surrounded by steep hills creating an enclave cut off from its immediate hinterland.
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Oil falls after Japan quake

Oil prices fell on Friday after a massive earthquake shook Japan, the world's third-largest oil consumer, sending a tsunami sweeping across the Pacific Ocean and pushing U.S. crude prices below $100.
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Oil slides after quake, tsunami slam Japan

Oil slid by on Friday, with U.S. crude falling below $100, after an earthquake rocked Japan, created a 10-meter tsunami and shut down dozens of plants in the world's third-largest oil consumer.
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Instant View: U.S. retail sales rise 1.0 pct in Feb

Sales at U.S. retailers increased broadly in February as rising energy prices boosted receipts at gasoline stations, but consumers also spent on a range of products in a sign of resilience in the face of rising gasoline prices.

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