Business News
Clinton: US would help raise billions on climate
24 mins ago
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As hopes faded for a strong climate deal, U.S. Secretary of State Hillary Rodham Clinton sought to put new life into flagging U.N. talks Thursday by announcing the U.S. would join others in raising $100 billion a year by 2020 to help poorer nations cope with global warming.
Democrats vow to close Medicare 'doughnut hole'
4 hrs ago
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It's an annual ordeal for many seniors living on a budget. Medicare's coverage gap for prescription drugs - $3,610 next year - has steadily gotten bigger since the benefit's inception. But if Democrats have their way on health care overhaul, the dreaded "doughnut hole" will shrink by $500 right away and go away altogether by 2019.
Forced evacuations around Philippine volcano
1 hr 12 mins ago
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Security forces will forcibly evacuate thousands of residents reluctant to leave their farms near a smoldering volcano in the Philippines despite fears of a major eruption, officials said.
Mexican navy kills top cartel kingpin in shootout
5 hrs ago
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Two hundred sailors raided an upscale apartment complex and killed a reputed Mexican drug cartel chief in a two-hour gunbattle, one of the biggest victories yet in President Felipe Calderon's drug war.
Doctors airlift boy with 42 needles stuck in him
58 mins ago
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A 2-year-old boy with more than 40 sewing needles stuck in him is being airlifted to another hospital in northeastern Brazil because two of the needles are close to his heart, an official said Thursday.
AP IMPACT: US drug war crackdown misses the money
2 hrs ago
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Every day, criminals shove proceeds from U.S. drug sales in their shoes, tape it to their torsos, stash it under dashboards - or just wire it electronically to Mexico. It all adds up to $25 billion a year.