Is Osama bin Laden killing legal? International Law experts divided
The killing of dreaded terrorist Osama bin Laden has triggered a controversy - did it violate international law?
Greek PM denies country will leave euro
Greek Prime Minister George Papandreou on Saturday denied there was even unofficial discussion over Greece quitting the euro zone and asked that his troubled country be left alone to finish its task.
Apple iPad 2 winds its way back to China amid frenzied reception from customers and scalpers
Apple iPad 2 mania gripped China as customers and scalpers formed serpentine queues outside at Apple's four stores in Beijing and Shanghai.
Sony defends speed of notification of data breach
Sony Corp has defended its response to a massive Internet security breach in a letter to Connecticut Senator Richard Blumenthal, who has accused the company of dragging its feet in notifying consumers.
Citi says former Indonesia employee committed fraud
Citibank said a former employee had committed fraud in Indonesia and sought to reassure card clients on Saturday, a day after the central bank slapped lengthy bans on its credit card and wealth management businesses.
Sony removes data posted by hackers, delays PlayStation restart
Sony said on Saturday it had removed from the Internet the names and partial addresses of 2,500 sweepstakes contestants that had been stolen by hackers from about 100 million user accounts of its PlayStation Network and PC-based online gaming services, said in a statement details posted on the inactive website also included three unconfirmed e-mail addresses.
Mazda reports 9 percent rise in April sales
Mazda North American Operations (MNAO) today reported April 2011 sales of 20,638 vehicles, an increase of 9.0 percent versus April of 2010. Through the first four months of the year, Mazda's sales are up 13.8 percent, with 85,197 vehicles sold
Jaguar to build $1.5-mln hybrid supercars
Luxury carmaker Jaguar has put its hybrid supercar concept into production, the company said in a statement on Friday.
Sony says has removed data stolen by hackers and posted online
Sony said on Saturday it had removed off the Internet the personal details of 2,500 people that had been stolen by hackers and posted on a website.
Anwar Al-Awlaki: 9/11 Was An 'Accident' [VIDEO]
Anwar al-Awlaki, the U.S.-born radical cleric who was reportedly targeted this week by an American drone missile, called the September 11, 2001 attacks an accident just two days after they occurred.
Volcker warns of danger from U.S. deficits
Former Federal Reserve Chairman Paul Volcker warned on Friday that trillion-dollar deficits posed a threat to the stability of the U.S. economy and the dollar, and said he is frustrated by the gridlock in Washington.
Goldman sees new oil rally
Goldman Sachs, which in April predicted this week's major correction in oil prices, said on Friday that oil could surpass its recent highs by 2012 as global oil supplies continue to tighten.
Oil crash pits floor veterans versus computer algorithms
A day after oil prices plunged an unprecedented $12 a barrel, a New York trader sat on the steps of the dormant oil futures pit, playing a word game on his tablet computer.
Goldman Sachs CEO Lloyd Blankfein is cordial but sniffly
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was in good spirits on Friday at his firm's annual meeting, despite battling some testy shareholders and what seemed to be a cold.
In commodity rout, more traders getting in than out
When commodities melt down as abruptly as they did on Thursday, the first assumption is that big investors dumped massive long positions.
Greece leaving euro zone not discussed: Juncker
Finance ministers from Germany, France, Italy and Spain did not discuss Greece leaving the euro zone or the possibility of a Greek debt restructuring during a meeting in Luxembourg on Friday, Eurogroup Chairman Jean-Claude Juncker said.
Commodities' drop curbs risk appetite
Stock investors head into next week with added worries about the sustainability of the recent rally and a desire to reduce risk, as shown by the stampede out of commodities on Thursday.
Fannie Mae seeks $8.5 billion from taxpayers
Mortgage finance giant Fannie Mae on Friday said it would ask for an additional $8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.
Greece denies may quit euro
Top finance officials of the euro zone's biggest economies met to discuss Greece's debt crisis on Friday and Athens denied a media report that it was considering whether to leave the bloc.
When is Buddha's Birthday? Celebration Preparations [Photos]
Some Buddhists are preparing to celebrate the Buddha's birthday next week. The traditions and exact dates of the celebrations vary. However the birth is mostly celebrated at the same time in various east Asian nations with the exception of Japan.
Mexico mayor eyes new mobile quake alert this year
The mayor of Mexico City, a quake-prone metropolis of 20 million people, said on Friday he is planning a warning system that will send alerts directly to mobile phones seconds before an earthquake strikes.
Jerry Seinfeld posts greatest hits on website
Jerry Seinfeld loves breakfast cereal, Superman and stand-up comedy. And on Friday he launched a website dedicated to one of those passions.
Fed officials show in no rush to scale back stimulus
Two Federal Reserve officials on Friday stressed there will be no rush to roll back the U.S. central bank's super-easy monetary policy with the labor market still healing and inflation expectations largely in check.
PIMCO would only buy Treasuries on recession risk
PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his short position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
PIMCO will purchase Treasuries on recession risk
PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his short position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
Discovery and Oprah ax OWN CEO Norman
Discovery Communications Inc and Oprah Winfrey have pushed out Christina Norman as chief executive of OWN, the Oprah Winfrey Network, after a tough start for the five-month old cable network.
Visitors flock to Bin Laden's final home, Abbottabad compound
Visitors are continuing to flock to the compound in Abbottabad, Pakistan where Osama bin Laden was killed on Sunday and the Al Qaeda chief’s final hideout is becoming a ‘ghoulish’ tourist attraction.
OPEC delegates see oil price fall as welcome
Oil's sharp slide this week is welcome because high prices may hurt the world economy and in the longer term accelerate the use of alternative fuels, OPEC delegates said on Friday.
JPMorgan in talks with SEC to resolve probe
JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007, a case that highlights a rare misstep by Chief Executive Jamie Dimon.
Oil falls again, gutted in record weekly drop
Oil fell on Friday to cap a frenzied trading week that sliced prices by a record of more than $16 a barrel on demand worries and a move by investors to slash commodities exposures.