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Falcon Hypersonic Aircraft Launched, But Loses Contact with DARPA

A Minotaur IV Lite rocket lifted off with the Falcon Hypersonic Technology Vehicle 2 Thursday morning from Vandenberg Air Force Base in California, successfully released the aircraft and entered the mission's glide phase. But contact with the plane has been lost.
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Natural Gas in Spotlight

'Fracking' Natural Gas Regulations Urged By Government Panel

A U.S. Department of Energy panel issued a report recommending more stringent safeguards on hydraulic fracturing, commonly known as 'fracking," a potentially hazardous process used to harvest natural gas from underground shale formations.
A day labourer stands behind a sign for an employment center in San Diego

Jobless claims at 4-month low

The number of Americans claiming new jobless benefitsdropped to a four-month low last week, a sliver of hope for an economy that has been battered by a credit rating downgrade and falling share prices.
bin Laden

White House rejects claim about bin Laden raid film

Moviemakers producing a film about the U.S. special forces raid that killed Osama bin Laden are getting help from the Pentagon, but the Obama administration dismissed concerns on Wednesday that classified information has been divulged.
At Issue: U.S. and Global Stock Markets

U.S. Stock Market: Is It Headed Higher or Lower?

The Dow registered another volatile day Wednesday, plunging 520 points to 10,720 on chatter of additional banking sector concerns in Europe. Further, until investors can sort out which debt concerns are real, and which are not, look for choppy trading conditions to continue.
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New York City formally challenges 2010 Census data

New York Mayor Michael Bloomberg said on Wednesday he has filed a formal challenge with the U.S. Census Bureau over the 2010 count, saying it may have overlooked at least "tens of thousands" of New Yorkers.
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Second former New York cop gets prison for misconduct

A judge sentenced a second former New York City police officer cleared of rape to 60 days in prison for misconduct on Wednesday, saying he will forever wear a "bright scarlet letter" for repeatedly visiting a drunken woman's apartment.
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Philip Levine named 18th poet laureate

Urban poet Philip Levine was named on Wednesday as the 18th poet laureate by the Library of Congress, which praised his writing for plain-spoken lyricism about working class Americans in Detroit.
One kilogram gold bars are seen in this picture illustration

Global shares retreat as Wall St drops

U.S. stocks tumbled more than 4 percent on Wednesday, almost wiping out gains from a relief rally the previous day, as rumors about the health of French banks sparked concern that the euro zone's debt crisis could claim new victims.
Gavin DeGraw

Gavin DeGraw out of hospital, cancels concerts

Singer Gavin DeGraw was released from a New York hospital on Tuesday after apparently being attacked by three men and hit by a taxi cab, causing a concussion, broken nose and numerous cuts and bruises.
Traders work on the floor of the New York Stock Exchange

Banks drag Wall Street lower as fear returns

Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.

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