Business News
UAE to back banks amid Dubai meltdown
4 hrs ago
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The United Arab Emirates has pledged to stand behind foreign and domestic banks in the country, offering additional money while extolling the strength of the Gulf nation's financial sector as world markets brace for a potential day of reckoning Monday over Dubai's crushing debt.
Iran plans enrichment sites in defiance of UN
3 hrs ago
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Iran approved plans Sunday to build 10 industrial scale uranium enrichment facilities, a dramatic expansion of the program in defiance of U.N. demands it halt enrichment and a move that is likely to significantly heighten tensions with the West.
4 police officers shot dead at Wash. coffeehouse
34 mins ago
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A gunman burst into a coffeehouse Sunday and opened fire on four police officers as they sat working on their laptops, killing the three men and one woman in what an official described as a targeted ambush.
For 3rd time, Woods cancels meeting with police
38 mins ago
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Tiger Woods finally gave his side of the story Sunday - on his Web site, not to police - and took the blame for an "embarrassing" car crash that gave him cuts, bruises and public scrutiny like never before.
Senator says Afghan forces, not US, key to success
3 hrs ago
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The leading Senate Democrat on military matters said Sunday that President Barack Obama's anticipated plan for significantly expanding U.S. troop levels in Afghanistan must show how those reinforcements will help increase the size of the Afghan security forces.
Swiss ban mosque minarets in surprise vote
2 hrs 9 mins ago
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Swiss voters overwhelmingly approved a constitutional ban on minarets on Sunday, barring construction of the iconic mosque towers in a surprise vote that put Switzerland at the forefront of a European backlash against a growing Muslim population.
US holiday season off to modestly positive start
1 hr 47 mins ago
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Holiday shopping held steady through the weekend after retailers saw a huge crowd of bargain shoppers buying discounted flat-panel TVs and fleece jackets on Black Friday, the traditional post-Thanksgiving Day shopping spree.
4 kids among 5 killed in La. crash; 7 critical
1 hr 11 mins ago
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A minivan packed with 13 children and two adults was likely overweight and not designed to carry so many, police said Sunday, a day after the vehicle crashed on a highway, killing five.