NEW YORK

Shares of Genzyme Corp. (NASDAQ: GENZ) touched a new 52-week high of $75.90 on Monday. The biotechnology firm's board has unanimously recommended to its shareholders to accept the latest sweetened offer from French drug giant Sanofi-Aventis SA (NYSE: SNY) and to tender their shares into the revised offer.

Eight new airports across the country will offer flights to Cuba, following President Barack Obama's decision to ease travel restrictions to Cuba early this year.

YouTube has acquired start up Next New Networks for undisclosed terms that could help YouTube create more original content of its own.

A latest video of the 2001 Sept 11 attacks on World Trade Centre has surfaced, which is shot from a police helicopter hovering near the burning World Trade Center towers in the hope of rescuing survivors.

Charlie Sheen officially fired from Two and a Half Men

Pablo Picasso's most expensive ever painting, which was never revealed to the public for the last 50 years, will now go on display, the AFP has reported.

A Metrico study says that AT&T has the upper hand in data transfer speeds.

U.S. stocks turned lower on Monday, led by declines from technology and consumer-discretionary companies as oil prices remained near $105-a-barrel amid ongoing political tensions in Libya

Al Qaeda's attempts to recruit in the United States and three incidents over the past two years involving killings or attempted killings of Americans are what prompted an investigation into the extent of radicalization in the Muslim community, Rep. Peter King of New York said on Sunday.

Gold climbed to a record high above $1,440 an ounce on Monday as the threat of violence spreading in the Middle East and North Africa pushed oil prices to 2-1/2 year highs and burnished the metal's safe-haven appeal.

The companies whose shares are moving in pre-market trade on Monday are: Family Dollar Stores, Lorillard, Frontier Communications, Ameren, PNC Financial Services, MetLife, Novellus Systems, Novellus Systems, Marshall & Ilsley and Pfizer.

U.S. Federal Energy Regulatory Commission (FERC) has exclusive authority under the Natural Gas Act to authorize the siting of facilities for imports or exports of liquefied natural gas (LNG), according to FBR Capital Markets.

Zurich-based travel group Kuoni Reisen Holding AG announced an agreement to acquire Gullivers Travel Associates (GTA) for $720 million from New York-based Travelport to boost its online offerings.

Amare Stoudemire scored 26 points in the win

Athens, the home of Socrates, Plato and Aristotle, is the world's most flirtatious city, followed by Moscow, while New York only just makes the top 100, a new study of online flirting showed.

The ancient Roman city of Pompeii that got buried under volcanic ash from Mount Vesuvius, which erupted about 2,000 years ago, is now on display in the form of an exhibit at Discovery Times Square museum in New York City.

General Electric will host an electric vehicle experience tour in seven U.S. cities that will bring GE experts together with local businesses, industry leaders, and public sector stakeholders for educational workshops, test drives, and dialogue on the business case for EV ecosystems.

Goldman Sachs Group Inc is being drawn into the criminal trial of one-time hedge fund billionaire Raj Rajaratnam, as prosecutors plan to show an insider-trading conspiracy involving a former director at the Wall Street bank.

The wide receive has been serving a two-year sentence

U.S. stocks dropped as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.

Ford Motor Co has settled a lawsuit in which it accused Italian automaker Ferrari of infringing its trademark for the popular F-150 truck.