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Shanghai hopes to encourage foreign companies to raise capital through stock and bond issuance in Shanghai this year, Mayor Han Zheng said on Sunday, while also confirming the city plans a trial property tax during 2011.

Jets vs Patriots live, watch play-by-play coverage update!

The Pittsburgh Steelers took advantage of a second-half meltdown by the Baltimore Ravens to defeat their bitter divisional rivals 31-24 Saturday and reach the AFC title game next week.

Former Vice-President candidate, Sarah Palin, sparked controversy in the wake of the Arizona massacre with the liberal use of the term blood libel to defend herself against allegations.

Sunday's big playoff game between the Patriots and Jets may be bringing subtle locker room humor at the expense of New York coach Rex Ryan but he says he's fair game.

New York City expects to record a 3.75 percent rise in real estate market values for the fiscal year starting in July, the finance commissioner said on Friday, as he issued tentative assessments for property taxes.

Astronomer Parke Kunkle's debunking of astrology and the viral wave of theories and anti-theories about the 13th zodiac sign Ophiuchus confounded the followers of astrology the world over, but also dealt a lethal blow to astrologers who withdrew to their shell groping for answers. But now astrologers are striking back.

Legendary New York gangster, 93-year-old John Sonny Franzese, the alleged underboss of the Colombo crime family, has been sentenced to eight years in prison – essentially a life term – for extortion.

BP is preparing to announce a major deal with Rosneft, the state-owned Russian energy giant, according to a report from the BBC.

During the dark days of 2008 as its banking system and economy was collapsing, the cash-strapped government of Iceland asked the United States for a $1-billion loan, according to a WikiLeaks document.

Vincent McCrudden, a commodities fund manager, was arrested at Newark Airport, on charges he threatened to murder dozens of government officials who brought an enforcement action against him.

The South African rand fell to its lowest in five weeks on Friday, as the central bank mopped up dollar supply as a measure to curb currency strength, while waning global risk appetite also weighed.

Most law firm partners are only somewhat satisfied with their pay and think they should be paid more, according to a survey conducted by Major, Lindsey & Africa on the satisfaction of law firm partners with their compensation and compensation systems.

The U.S. Department of Justice has struck a severe blow on the members and associates of the Gambino Organized Crime Family of La Cosa Nostra (the Gambino Family) by securing a guilty pleas from the final two of the 14 defendants, all of whom were charged with crimes that included racketeering, murder, sex trafficking, extortion, and wire fraud in April 2010.

Howrey is struggling with its European intellectual property (IP) practice following the departure of its London-based managing partner Mark Hodgson, who has joined Field Fisher Waterhouse.

Global law firm Freshfields Bruckhaus Deringer has appointed Robert Ashworth for the role of Asia managing partner.

A robber, who has been nicknamed the Holiday Bandit by the Federal Bureau of Investigation (FBI), has been identified as Marat G. Mikhaylich and is being sought after pulling his third bank robbery in the New York City over the past few weeks, the federal authorities said.

Seven hospitals located throughout the southern part of United States have agreed to pay a total of $6.3 million to resolve False Claims Act allegations that they were overcharging for osteoporosis procedures, said Department of Justice (DOJ).

High-profile banking analyst Richard Bove said the U.S. banking sector is entering into a “golden age.” The financial strategist at Rochdale Securities explains that banks have so flush cash on their balance sheets that corporate earnings will grow by 20 percent annually over the next few years.

Fueled by younger males, Sony Pictures' 3D superhero pic The Green Hornet should sport a potent sting this weekend. Universal Pictures' The Dilemma, directed by Ron Howard, will have a tougher time and could bring

Gold fell in Europe on Friday after China's central bank raised lenders' reserve requirements by 50 basis points, with softer haven demand for the metal after solid bond sales by Portugal and Spain also weighing on prices.