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UPS ends grants to Boy Scouts over discrimination
The philanthropic arm of shipping giant UPS said it will no longer give money to the Boy Scouts of America as long as the group discriminates against ...
More women have driver's licenses than men in US
Women have passed men on the nation's roads. More women than men now have driver's licenses, a reversal of a longtime gender gap behind the wheel that ...
Belize seeks McAfee software founder in slay case
Police in the Central American nation of Belize said Monday that they are looking for the founder of the software company McAfee Inc. to question him ...
Verizon to pay $8.5 billion dividend to its owners
Verizon Wireless said Monday that it will pay a dividend of $8.5 billion next month to its owners, Verizon Communications Inc. and Vodafone Group PLC.
Satellite imagery shows NKorea missile activity
Satellite imagery indicates North Korea has been testing rocket engines, a sign it continues to develop its long-range ballistic missiles, a U.S.
Oil down on worry about looming fiscal threat
The price of oil fell slightly Monday as global economic news took a back seat to uncertainty about the looming "fiscal cliff" in the U.S.
Kodak reaches deal to borrow $793 million
Struggling photo pioneer Eastman Kodak Co. said Monday that it has reached an agreement to borrow $793 million, an important step in letting it leave ...
RIM to unveil new BlackBerry phones on Jan. 30.
Research In Motion said Monday that it will hold an official launch event for its new BlackBerry 10 smartphones on Jan. 30. The new phones are seen ...
Best Buy hires ex-Williams-Sonoma exec as CFO
Struggling consumer electronics chain Best Buy said Monday that a former Williams-Sonoma executive will become its new chief financial officer ...
NHLPA leader: Deal can be quick after breakthrough
A new NHL labor deal might not be as far off as it seems. Steve Fehr, special counsel to the NHL Players' Association, believes the collective ...
Leucadia buying investment banker Jefferies Group
Leucadia National is buying the investment banking firm Jefferies Group for about $2.8 billion in stock in a deal executives said Monday would better ...
FDA finds contamination issues at Ameridose
Federal health inspectors found more than a dozen manufacturing problems, including leaky ceilings and insects, at a drug-making facility with the ...
A year in, YouTube's channels not must-see TV, yet
When Google announced its plans to fund some 100 new channels of original programming on YouTube, many expected a transformation in television.
Egyptian groups reject $4.8 billion IMF loan
Seventeen Cairo-based groups sent a letter Monday to the head of the International Monetary Fund and Egypt's prime minister opposing a proposed $4.
Rupert Murdoch gleeful at BBC debacle
Few seem to be enjoying the management meltdown at the venerable BBC more than Rupert Murdoch, the News Corp. chief whose rival British newspapers ...
WADA chief warns Armstrong case is tip of iceberg
The head of the World Anti-Doping Agency believes the Lance Armstrong case is just part of a wide-ranging doping battle that will never be won.
Sherwin-Williams to spend $2.34B on paint maker
Sherwin-Williams is buying the privately held Mexican paint company Consorcio Comex in an all-cash deal valued at about $2.34 billion.
US seen overtaking Saudis as biggest oil producer
The United States will become the world's largest oil producer by around 2020, temporarily overtaking Saudi Arabia, as new exploration technologies ...
Zimbabwe government stealing diamond funds: Report
At least $2 billion worth of diamonds have been stolen from Zimbabwe's eastern diamond fields and have enriched President Robert Mugabe's ruling ...
Spanish banks halt evictions amid growing protests
Spain's major banks agreed on Monday to suspend some evictions of homeowners unable to pay their mortgages after hundreds of thousands of Spaniards ...
CAR president's son jailed over unpaid hotel bill
Police say that Central African Republic President Francois Bozize had his son arrested over an unpaid hotel bill. Captain Kevin Bozize has been held ...
New Orleans streetcar line to get Super Bowl debut
With the Super Bowl less than three months away, New Orleans is rushing to lay streetcar tracks through one of its busiest corridors to connect by ...
Fiat Industrial announces new management structure
Capital goods maker Fiat Industrial on Monday announced a new management structure aimed at making it easier to merge with its U.S. subsidiary CNH ...
SAS slashes jobs, pay in 'final call' savings plan
Scandinavia's tri-nation airline SAS AB plans to cut 6,000 jobs — 40 percent of its work force — through asset sales and layoffs while reducing ...
UN: NKorea has better harvest but faces shortages
North Korea increased its production of staple foods for the second year in a row, thanks in part to better use of fertilizers and plastic sheeting ...