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Obama to Shake Up Top Military, Intelligence Ranks

President Barack Obama will announce a shift his top military and intelligence leadership ranks with on Thursday, as the nearing retirement of Defense Secretary Robert Gates will prompt a move to replace him with CIA Director Leon Panetta and fill Panetta's position with well-regarded General David Petraeus, the top military official in Afghanistan.

TradeStation Shares Hit New 2-Year High on Monex Merger

Shares of TradeStation Group Inc. (NASDAQ: TRAD) touched a new 2-year high of $9.70 on Thursday. Japanese online brokerage Monex Group said Wednesday it agreed to acquire U.S. peer TradeStation for about $411 million to gain a foothold in the world's largest equities market.

Air Controller Asleep Fired, First Lady Landing Probed

A pair of air traffic controllers have been fired and officials are probing a Monday landing incident involving First Lady Michelle Obama, as weeks of embarrassing sleeping incidents and procedural gaffes have prompted a top-to-bottom review of federal air traffic controller training.

One year later, Gulf oil spill still clogs environment & economy (PHOTOS)

Oil gushed into the sea one year back will perhaps take months or even years to clean up while it continues to clog wetlands, pollute the ocean and endanger wildlife. Check out the latest pictures taken on April 20, 2011, exactly one year after the environmental disaster hit Gulf of Mexico.

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