PESHAWAR, Pakistan – A suicide car bombing targeting Pakistani troops killed 41 people Monday, the fourth grisly militant attack in just over a week, as the Taliban pledged to mobilize fighters across the country for more strikes. Full Story »
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PESHAWAR, Pakistan – A suicide car bombing targeting Pakistani troops killed 41 people Monday, the fourth grisly militant attack in just over a week, as the Taliban pledged to mobilize fighters across the country for more strikes. Full Story »
NEW YORK - More than four decades after he hijacked a jetliner from Kennedy International to Cuba, Luis Armando Pena Soltren was arrested at the same airport upon his return from exile, authorities said. Full Story »
NEW YORK - Stocks are headed for a higher market opening at the start of a busy week of earnings. Full Story »
LONDON - Michael Jackson returned to the airwaves Monday with a new song — the first from an upcoming musical documentary featuring the troubled superstar. Full Story »
MINNEAPOLIS - After so many October misses, Alex Rodriguez delivered the playoff performance his talent demanded. Rodriguez and Jorge Posada hit seventh-inning home runs to spoil Carl Pavano's opportunity to frustrate New Yorkers one more time, and the Yankees advanced to their first AL championship series in five years with a 4-1 victory and sweep of Minnesota on Sunday night. Full Story »
WASHINGTON (Reuters) - President Barack Obama's top economic adviser said on Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market. Full Story »
STOCKHOLM (Reuters) - American economists Elinor Ostrom and Oliver Williamson won the 2009 Nobel prize for economics for their work in economic governance, the prize committee said on Monday. Full Story »
ISLAMABAD (Reuters) - A suspected suicide bomber killed 41 people in an attack on the Pakistani military on Monday as the Taliban claimed responsibility for a weekend raid on the army's headquarters. Full Story »
SEOUL (Reuters) - North Korea has fired five short-range missiles off its east coast and declared a "no sail" zone in the area from October 10-20, South Korea's Yonhap news agency quoted a government source as saying on Monday. Full Story »
RIVERSIDE, California (Reuters) - On the surface, a glimmer of confidence is returning to the battered U.S. housing market, after more than three years of gut-wrenching defaults, price slumps and foreclosures. Full Story »
TEHRAN (Reuters) - Iran dismissed on Monday a U.S. warning that major powers would not wait forever for Tehran to prove it was not developing nuclear bombs, saying any threats or deadlines would have no impact on the Islamic Republic. Full Story »
WASHINGTON (Reuters) - A man wanted in connection with the hijacking of a Pan Am flight to Cuba nearly 41 years ago was arrested in New York on Sunday, a Justice Department official said. Full Story »
BARCHA, Afghanistan (Reuters) - Winning ground is one thing. Convincing Afghan villagers you will not leave, abandoning them to a vengeful Taliban, is a bigger challenge for U.S. Marines advancing deep into southern Helmand province. Full Story »
PESHAWAR, Pakistan (AFP) - A suicide bomber flung himself at a military convoy passing through a busy market in northwest Pakistan on Monday, killing 41 people in the latest in a wave of deadly strikes, the military said. Full Story »
MINNEAPOLIS – After so many October misses, Alex Rodriguez delivered the playoff performance his talent demanded. Rodriguez and Jorge Posada hit seventh-inning home runs to spoil Carl Pavano's opportunity to frustrate New Yorkers one more time, and the Yankees advanced to their first AL championship series in five years with a 4-1 victory and sweep of Minnesota on Sunday night. Full Story »
LONDON – European stock markets rose strongly Monday as investor sentiment was buoyed by better than expected third-quarter profits from Royal Philips Electronics NV at the start of a week when earnings statements around the world will be the main focus of attention. Full Story »
ST. LOUIS (Reuters) - There may not be as much slack in the U.S. economy as many forecasters believe, which means medium-term inflation risks could be higher, a Federal Reserve official said on Sunday. Full Story »
NEW YORK - It has been clear for some time that business is getting better. The coming week will give investors an idea of how much. Full Story »
With Monday's prize in economics, all the 2009 Nobel Prizes have been announced. The winners will receive them on Dec. 10 in twin ceremonies in Stockholm and Oslo. Full Story »
Financial-services stocks have come roaring back since their collapse last fall. Are the gains sustainable? For insight on smart ways to play such stocks now, Personal Finance editor Lauren Young spoke with Anton Schutz, manager of the top-ranked Burnham Financial Services Fund, which delivered an annualized gain of 14.3% over the past decade. Full Story »
On the heels of Amazon.com taking its Kindle to international markets, Barnes & Noble is venturing into the increasingly popular e-reader market. The Wall Street Journal reported the giant book retailer could roll out an e-reader as early as next month in the U.S. Full Story »
Editor's note: An earlier version of this story had an incorrect quote from Elizabeth Warren. Full Story »
LONDON (AFP) - Oil prices rose on Monday, boosted by a forecast of higher demand amid growing hopes of economic recovery, traders said. Full Story »
PHILADELPHIA - JPMorgan Chase & Co. and two other investment banks have agreed to pay $100 million to settle a lawsuit over their contribution to investor losses in the collapse of American Business Financial Services Inc., the bankruptcy trustee's lawyer said Friday. Full Story »
RIVERSIDE, California (Reuters) - On the surface, a glimmer of confidence is returning to the battered U.S. housing market, after more than three years of gut-wrenching defaults, price slumps and foreclosures. Full Story »
Earlier this year the time came for Lloyd M. Yates, CEO of Progress Energy , to decide how the big Raleigh (N.C.) utility would meet the state's stringent smokestack laws. First he considered the easy solution: installing pollution scrubbers on the utility's old coal-fired plant in Sutton, N.C., at a cost of $330 million. Then his attention turned to natural gas, the price of which had plunged by two-thirds in the previous year. Sure, the recession accounted for some of the slide. But reports were also circulating of massive discoveries of natural gas in the U.S. ... Full Story »