The U.S. Postal Service reported a net loss of $3.3 billion in the final quarter of 2011. They've been floating several ideas to solve the dilemma, and on Thursday they presented Congress with a five-year proposal called the Plan for Profitability.
Henry Tang, Hong Kong's likely next chief executive, will not stand down, despite reports of an illegally constructed basement at his residence.
While Indian authorities have launched an investigation into Monday's New Delhi car bombing, and its suspected masterminds, Prime Minister Manmohan Singh's government has continued to embrace trading with the country that is widely suspected of the attacks -- Iran.
After a month of protesting against local officials taking away their land, residents of Panhe village in Zhejiang province are being detained. These arrests have put a stop to the social unrest for now. However, land disputes remain a rampant issue in China -- one that seriously shakes the harmonious society.
Newt Gingrich says any TV station that airs an ad from rival Republican Mitt Romney's super PAC claiming the ex-House speaker backed China's controversial one child policy will be sued, according to Politico.
From auto dealerships to ketchup, these lawmakers boast enormous fortunes.
Sheldon Adelson, the billionaire casino magnate who has already injected millions into Newt Gingrich's campaign through a friendly Super PAC, could be preparing to open his wallet once again.
Japanese conglomerate Mitsui MOEX Offshore will pay $90 million for the BP Gulf Oil Spill of 2010 in what is the first settlement ahead of the liabilities trial expected to start in 10 days.
U.S. Secretary of State Hillary Clinton is treating Iran's letter about restarting nuclear talks with caution, but noted Iran's response was “the one we have been waiting for.”
Authorities arrested a suspect on Friday near the Capitol as part of a terrorism investigation, saying he sought to use explosives, the Justice Department and the Capitol Police said.
Shares of Google appeared to brush off reports a Stanford University study had found it had compromised the privacy of Apple iPhone customers.
With Rick Santorum's surname long since redefined by Dan Savage on SpreadingSantorum.com, Google has two new web sites gaining traction: SpreadingRomney.com and SpreadingGingrich.com. How much effect could these anti-Santorum off-shoots have in the weeks to come? Online marketing experts warn: a lot.
Country music singer and activist Willie Nelson recently teamed up with Chipotle Mexican Grill in a commercial that highlight's the company's support for sustainable and organic farming practices.
The payroll tax holiday and unemployment benefits were extended by the U.S. Congress on Friday. This article will help you determine how much you will save if the extension is signed into law.
Welcome to the world of Unmanned Aerial Vehicles and their dystopian implications.
Zimbabwe reacted strongly to the European Union's decision to renew sanctions on President Robert Mugabe's government on Friday. Despite the lift on travel bans and asset freezes on 51 people connected to Mugabe's ZANU-PF party, Zimbabwean leadership is still furious that the illegal sanctions are still in place .
Early Friday morning, two armed men with masks robbed a museum in Olympia. They stole priceless artifacts more than 3,000 years old depicting Olympic athletes. This was the second such robbery in Greece in just two months -- The National Gallery in Athens was robbed of paintings in January. As a result, Greece' Minister of Culture has submitted his resignation.
The U.S. House of Representatives and Senate passed the payroll-tax extension on Friday morning, with congressional Democrats and Republicans putting aside their differences until after the November election to advance the economic package.
Chevron, the No. 2 U.S. energy company, won two small legal victories this week that could lessen potential liabilities over alleged pollution in South America. A court in Ecuador had previously levied an $18 billion fine.
Mitt Romney's razor-thin victory in the Maine caucuses could be overturned, now that the state has decided to count the results from rural Washington County, which is set to vote on Saturday.
Some European leaders have expressed optimism that the next round of rescue financing for debt-scarred Greece will be approved by Eurozone finance ministers at a crucial meeting in Brussels on Monday.
CNN was forced to cancel a March 1 pre-Super Tuesday debate when Mitt Romney, Ron Paul and Rick Santorum declined to participate.
France and England signed a new nuclear-energy pact on Friday that will lead to the construction of more nuclear power plants in the United Kingdom, with more than 500 million pounds sterling ($791 million) of private-sector investment.
American threats to suspend aid to the Egyptian government could endanger Egypt's 1979 peace treaty with Israel, the most powerful party in Egypt's newly elected parliament warned on Thursday.
Renowned and respected, Anthony Shadid of the New York Times died on Thursday of an asthma attack in Syria. The entire journalism community mourns his death, remembering him for his accurate and moving stories on the Middle East and the peoples' suffering in the region.
A member of the Pakistan Taliban, Fazal Saeed, took responsibility for the bombing.
Shadid, 43, was on a reporting assignment in eastern Syria when he died, according to an obituary posted on the Times web site. It said Shadid was carried across the border into Turkey by Times photographer Tyler Hicks.
Syrian government forces continue to shell opposition protestors in the city of Homs on Friday. Activists in the city are calling the assault the heaviest in weeks.
The market capitalization of U.S. equity markets has increased by $3 trillion since last October.
Both Iran and Hezbollah have denied complicity in all three attacks.
