News

December 29, 2010

AIG secures $4.3B in credit lines

AIG, took a step closer to independence from government as it said it had secured…

December 29, 2010

Dow finishes up, Nasdaq down amid thin trading

Stocks closed barely changed Tuesday amid light trading ahead of the New Year's holiday. The blue-chip Dow Jones…

December 29, 2010

China to cut crucial rare earths export quotas

China said it is reducing the amount of rare earths it will export for the first half of the year by more than 10 percent -- likely to be an unpopular move worldwide since the minerals are vital to the manufacture of high-tech products. China…

December 29, 2010

Airlines raise fares on many US routes

Passengers whose travel plans were wrecked this week when thousands of flights were canceled might not want to hear it, but airfares are going up again. Several airlines confirmed Tuesday that they are raising prices on many domestic routes by…

December 29, 2010

Nearly 10,000 flights canceled since holiday blizzard began

Close to 10,000 total flights have been canceled since the beginning of a holiday blizzard that blanketed much of the U.S. northeast with snow and left thousands stranded. Airline representatives from AirTran, American, Continental, Delta Air…

December 29, 2010

African leaders meet with Gbagbo to deal with Ivory Coast crisis

Three African presidents met with their defiant counterpart in Ivory Coast Tuesday in an effort to defuse the country's political crisis.

December 29, 2010

Russia defends verdict against oil tycoon

Russia on Tuesday responded to international criticism over the conviction of a…

December 29, 2010

Chinese officials fired over deadly road accident

Six education and traffic officials were fired Tuesday, a day after 14 children died when a three-wheeled vehicle plunged into a creek in central China, according to state media. The vehicle was carrying 20 children, according to the Xinhua news…

December 29, 2010

Record flooding hits eastern Australia

Australians struggled to keep dry Tuesday after record flooding made many eastern towns look more like vast…

December 29, 2010

New York governor grants pardons to Caribbean nationals

New York Governor David Paterson has granted pardons to 24 immigrants, including Caribbean…