2011 will mark 40 years since the United States' government finally stopped redeeming its dollars for gold. That ended over 250 years of formal gold backing for the West's dominant currencies. It also took the entire world off precious-metal money for the first time in 5,000 years of civilization.
A group of for-profit schools sued the U.S. government on Friday, seeking to overturn three rules that are part of a federal crackdown on the sector.
Hospira Inc. decides to stop production of sodium theopental - one component of the combination widely used in lethal injections.
U.S. Sen. Saxby Chambliss, R-GA, predicted on Friday that the U.S. Senate will vote on a repeal of the health reform law passed last year, echoing an earlier pledge by the top Senate Republican.
Athletes, including former baseball all-star Jason Giambi, will be allowed to testify about getting steroids from Barry Bonds' trainer when the perjury trial of Major League Baseball's home run king begins in March, a federal judge said on Friday.
Lawyers for former baseball pitching star Roger Clemens asked a federal judge on Friday to throw out charges that he lied and obstructed a congressional probe into whether he used performance-enhancing drugs.
Blake Griffin is currently enjoying a great rookie season and has become one of the most talked about players in the NBA. Yesterday, Clippers GM Neil Olshey declared his intention to make Griffin a Clipper for life.
Hollywood actor Orlando Bloom has put his home in the Hollywood Hills for rent at a whooping $18,000 a month.
Venus Williams retired from her Australian Open third round match against Germany's Andrea Petkovic with injury on Friday after lasting just seven points.
The hard grind of the opening week took its toll on injury-hit Venus Williams and Justine Henin as they departed the Australian Open on Friday but Roger Federer bounded into the last 16 with something to spare.
A court in France has fined Edgar Bronfman Jr., the chairman of Warner Music Group,5-million euros ($6.7-million) on criminal charges related to the prior bankruptcy of Bronfman’s former company, media conglomerate Vivendi Universal.
Verizon has fired the first salvo against net neutrality, appealing the Federal Communications Commission rules in the courts.
Venus William's time at the Australian Open was cut short after injury forced her to retire from her third round tie with Andrea Petkovic.
The following is a White House transcript of remarks by President Barack Obama as delivered at the 50th Anniversary of John F. Kennedy's Inauguration, at the Kennedy Center in Washington D.C., on January 20, 2011.
Verizon Communications took the Federal Communications Commission to court on Thursday over its new Internet traffic rules, arguing the regulator had overstepped its authority.
Patent licensing firm Wi-LAN Inc said it would settle its patent litigations with U.S. chipmaker Broadcom Corp for an undisclosed amount.
For Jeff Immelt, the CEO of General Electric (GE.N`), the 130 year-old American industrial behemoth, the financial crisis marked the end of the age of America's economic dominance.
Abdel Nur, a Guyanese national, has been sentenced by a U.S. district court judge to 15 years in prison for providing material support to a terrorist group that had conspired to attack John F. Kennedy International Airport in Queens, New York, by exploding fuel tanks and the fuel pipeline under the airport.
A Detroit-based strip club owner has pleaded guilty to using computer software program to delete the club's sales and under-report the income at his two strip clubs to cheat the government on his taxes.
Blockbuster Inc. on Thursday received three more months to negotiate store leases with its landlords -- its second restructuring extension this week -- giving the video rental chain more time to try to reorganize its business.
TerreStar Networks bankruptcy still has issues to untangle before a buyer comes in.
A bankruptcy judge on Thursday gave Blockbuster Inc three more months to negotiate leases, giving it a new lifeline as the video rental chain tries to reorganize its business.