US current account deficit widens as oil imports rise

The US current account deficit rose 6.3% to $119.3bn (£74bn) in the first three months of the year, the Commerce Department has said. Strong exports of cars, computers and machinery were offset by imports, particularly of more expensive oil. The…

Blackberry firm misses its lowered forecasts

Research in Motion (RIM), which makes Blackberry phones, has missed even its lowered profit forecasts and lowered its predictions for the full year. RIM made a net profit of $695m (£430m) in the three months to 28 May, down from $769m in the same…

U.S. Vows to Find Al-Qaida’s Zawahri and Kill Him

The United States is vowing to capture and kill new al-Qaida leader Ayman al-Zawahri, just as it did his predecessor, Osama bin Laden. The chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, made the pledge Thursday, saying the Egyptian…

Mexico Arrest Alleged Drug Cartel Boss

Mexican federal police have arrested the man accused of leading the enforcement unit of the Juarez drug cartel. They say Marco Guzman, nicknamed “El Brad Pitt”, was taken into custody on Wednesday in Chihuahua state. Police say he was involved in a…

Zawahri: From a Life of Comfort to Hunted Terrorist

Ayman al-Zawahri, the new leader of the al-Qaida terror network, was born into a life of comfort in Egypt but shaped by life experiences into a feared radical Islamic terrorist. He is a surgeon by training but an ideological firebrand by choice.…

Roadside Bomb Kills 4 in Southern Afghanistan

Afghan officials said Thursday a roadside bomb killed four civilians and wounded three others in southern Kandahar province. Provincial officials said a tractor drove over the bomb in the Maruf district late Wednesday. Elsewhere in southern…

NATO Pounds Tripoli, Rebels Reject Election Offer

NATO fighter jets bombed targets near Libyan leader Moammar Gadhafi's Tripoli compound Thursday after his son said Mr. Gadhafi was willing to hold elections and step aside if he lost. That offer was rejected by rebels and the United States. Seif…

US Allows Return of Embassy Personnel To Ivory Coast

The U.S. State Department is easing its travel warning for Ivory Coast and allowing nonessential U.S. diplomats along with most of their family to return to the West African nation. The State Department said Thursday that security conditions have…

US Open: Rory McIlroy delivers Congressional lesson

Rory McIlroy fired a stunning six-under 65 to lead the US Open by three shots after the first…

Daniela Hantuchova beats Venus Williams at Eastbourne

Daniela Hantuchova dug deep to secure a first win over Venus Williams in 11 attempts and reach the semi-finals of the Aegon International at Eastbourne. Slovakian Hantuchova, runner-up at last week's Aegon Classic in Birmingham, got off to a…