Articles by Consella Lee

China's Space Race: 3 Astronauts, Including First Woman, Return To Earth After Shenzhou 9 Manned Historic Dockings

Three Chinese astronauts, including the first woman, returned to Earth after their manned spaceship successfully docked to another craft in orbit. The Shenzhou 9 space capsule safely parachute landed about 10 a.m. Beijing time Friday in Inner Mongolia, an autonomous region of the People's Republic of China, following a 13-day mission that marked a major stride in China's ambitious space program.
File photo of Mark Zuckerberg

Facebook To Pay Banks 1.1% Fee For Managing IPO

Senior Facebook executives met Monday with analysts and bankers, but CEO Mark Zuckerberg didn't attend. The company's chief financial officer told attendees that Zuckerberg prefers to focus on developing Facebook's social-networking service.
Gold bars

Gold Recovers as Dollar Retreats, Buyers Step In

Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.

Iran Will Dominate Obama-Netanyahu Talks

The U.S. and Israeli leaders will try to sort out their differences over what Washington fears could be an Israeli attack on Iran's nuclear sites. With the U.S. presidential election just eight months away, Obama's Republican foes have been quick to paint him as tough on Israel and soft on Iran.

Tornadoes Kill 12 in Midwest

The storms raised fears that 2012 will be another bad year for tornadoes after 550 people died in the United States from them last year, the deadliest year in nearly a century, according to the Weather Service.
Demonstrators gather during a protest against Syria's President Bashar al-Assad in Homs February 10, 2012.

UN General Assembly to Vote on Syria Resolution

Syrian President Bashar Assad ordered a referendum for later this month on a new constitution that would allow political parties other than his ruling Baath Party as part of promised reforms, The Associated Press said.

U.S. Industrial Output Flat on Utilities, Mining

The Fed revised December's industrial output to show a solid 1.0 percent increase instead of the previously reported 0.4 percent gain, pointing to underlying strength in the economy. Economists polled by Reuters had expected industrial production to increase 0.7 percent last month .
Ford Motor Co President and CEO Alan Mulally smiles during an interview in Bangkok

Two Top Ford Executives Set to Retire

The moves puts the focus on Mark Fields, 50, who runs Ford's operations in North and South America, and Joe Hinrichs, 45, who runs the automaker's operations in Asia, as the leading internal candidates to succeed Mulally.

U.S. Reaches Mortgage Deal with Top Banks

The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.
UBS trader Kweku Adoboli arrives at City of London magistrates' court in the City of London

Ex UBS Trader Adoboli Denies Fraud, Faces Trial

The trial, which is likely to shine a searching light on the adequacy of the bank's management and risk controls, could land Adoboli with a maximum 10-year jail sentence if convicted of the two counts of fraud and two of false accounting.


Hess Corp

Hess Corp's SE Asia Assets Attract Bid Interest: Reuters

Hess, which has a collection of gas fields in North Malay Basin in offshore Malaysia and in the Malaysia-Thailand Joint Development Area (JDA) with 50 percent equal partner Petronas, has not yet decided whether to sell the assets.