Business News
UAE to back banks amid Dubai meltdown
5 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
4 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
47 mins ago
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One of four police officers killed in an ambush at a coffee house Sunday fought with the gunman and may have wounded him before the officer died just outside the doorway, a sheriff's spokesman said.
For 3rd time, Woods cancels meeting with police
1 hr 43 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
4 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
3 hrs 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
2 hrs 52 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.
WHO: Treat HIV patients sooner
1 hr 4 mins ago
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People infected with the virus that causes AIDS should start treatment earlier than currently recommended, the World Health Organization said Monday.
NBA fines Stoudemire, Chandler for in-game tweets
1 hr 35 mins ago
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The NBA fined Phoenix Suns forward Amare Stoudemire and Charlotte Bobcats forward Tyson Chandler $7,500 each Sunday for posting to their Twitter accounts during games in violation of league rules.