March 2, 2011
Howard has 30 to lead Magic past Knicks, 116-110
Dwight Howard had 30 points and 16 rebounds, Jameer Nelson scored 23 of his 26 points in the second half, and the Orlando Magic outlasted the New York Knicks 116-110 on…
March 2, 2011
Ex-Goldman Sachs director charged with insider trading
A former Goldman Sachs board member has been charged with insider trading.
The US Securities and…
March 2, 2011
Bank of America website suffers outage … again
Bank of America's online banking system went on the fritz for some users Tuesday, the second such incident this year. Customers attempting to access the bank's online services were experiencing "intermittent service disruptions," according to Tara…
March 2, 2011
Stocks drop more than 1% as oil spikes near $100
U.S. stocks tumbled Tuesday, with all three major indexes down more than 1%, as oil prices spiked to nearly $100 a barrel. The Dow Jones industrial average (INDU) sank 168 points, or 1.4%, with Alcoa (AA, Fortune 500) and Caterpillar (CAT, Fortune…
March 2, 2011
Gold price hits record high on Libya unrest
The price of gold has hit a record high as investors worry about the political turmoil in Libya and spreading tensions across the Middle East. The price on the London Bullion Market jumped more than $14 to $1,434.50 an ounce, topping the previous…
March 2, 2011
Bernanke: Sustained oil price rise danger to US economy
The length of time that oil prices remain high will be significant for the US economy, US Federal Reserve chairman Ben Bernanke has said. He told the Senate Banking Committee that the most likely outcome was a temporary and modest rise in…
March 2, 2011
More Than 140,000 People Flee Libya
The United Nations refugee agency says over the past 10…
March 2, 2011
Yemeni Cleric Joins Protests, Calls for Islamic Rule
An influential cleric and former mentor of Osama bin Laden has joined tens of thousands of Yemeni opposition activists and called for the government's replacement with an Islamic state. Sheik Abdul Majid al-Zindani Tuesday praised the…
March 2, 2011
US Lawmakers Press Obama on Trade Agreements
Sixty-seven Republicans in the U.S. House of Representatives have told President Barack Obama they want to work with him to approve long-delayed trade deals with Colombia, Panama and South Korea. In a letter to the president, the legislators…
March 2, 2011
US Orders Ships to Libya
The United States has ordered two warships and 400 Marines to the waters off Libya, but top U.S. military officials played down the likelihood that the forces would intervene in the country's growing civil war. U.S. Defense Secretary Robert Gates…