Disney's rare revenue miss hurts shares

2011-05-11 11:17:40

Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office, sending its shares down 3 percent.

Skype's owners set to make $5b: source

2011-05-11 11:04:55

Skype's owners, led by private equity firm Silver Lake , are set to earn more than three times their investment, for a total capital gain of more than $5 billion, on the sale of Skype to Microsoft Corp.

Obama mocks Republican position on immigration

2011-05-11 09:50:22

President Barack Obama, in search of Hispanic votes and a long-shot immigration overhaul, stood at the US-Mexico border on Tuesday for the first time since winning the White House and declared it more secure than ever.

US recognizes India's need for Iranian oil

2011-05-11 09:24:53

The United States recognizes that India will keep buying oil from Iran but is not actively suggesting ways to pay for it without violating international sanctions on Iran

Mississippi Delta braces for historic flood

2011-05-11 06:32:01

The bulging Mississippi River rolled into the fertile Mississippi Delta on Tuesday, threatening to swamp historic mansions, wash away flimsy shacks, and destroy fields of cotton, rice and corn in a flood of epic proportions.

Schwarzenegger, Shriver to split

2011-05-11 07:56:27

Former California governor Arnold Schwarzenegger and his wife of 25 years, Maria Shriver, have announced that they are separating.

US hopes to quiz bin Laden widows

2011-05-11 07:56:27

The United States expects that Pakistan will allow it to question the women apprehended at Osama bin Laden's compound "soon", a US official said late on Monday.

US immigration system needs reform

2011-05-11 08:51:53

US President Barack Obama on Tuesday renewed his call for comprehensive immigration reform, saying the country's immigration system needs genuine, comprehensive reform.

Obama administration fights to save healthcare law

2011-05-10 15:05:45

Lawyers for President Barack Obama go to court on Tuesday to try to save the cornerstone of his healthcare overhaul, arguing that the requirement for Americans to buy insurance is constitutional.