German Chancellor Angela Merkel, after weeks of brinksmanship over Greece, gave ground, improving the chances that the struggling country will avoid a messy debt default this year that could threaten the stability of the euro currency area.
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BlackBerry maker Research In Motion saw investors abandon the company in droves amid fresh concerns about its future.
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Several paid informants in a MS-13 gang probe have been accused of committing crimes while on the government payroll, which could hinder cases against other gang members.
Soap opera diehards are mobilizing to save "All My Children" and "One Life to Live," two of the once-fecund genre's six remaining examples. ABC said in April it will replace the decades-old programs with less-costly reality shows, as daytime-soap viewing continues to decline.
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The DJIA ended a six-week losing streak, rising 42.84 points Friday, to 12004.36, up slightly for the week, though it is down 6.3% since notching a three-year closing high April 29. Energy shares struggled as oil fell $2% to $93.01 a barrel.
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U.S. consumer sentiment turned glummer in June, but leading indicators showed the recovery continuing.
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Research In Motion shares fell 21% as investors questioned if the company can pull out of its slump.
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A European rift over bank rules widened as Germany and France led calls for a more relaxed approach than a U.K.-led group.
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Germany's Merkel signaled a more-flexible stance on how to involve bondholders in an aid package for Greece, a move that could help to break Europe's deadlock over how to prop up the country.
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Dozens of U.S. cities are bruised by the Greek crisis as rates soar on bond deals backed by a Belgian-French bank with deep exposure to Greek debt.
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The head of the ATF is expected to be ousted soon over the gun-trafficking investigation that has grown into the agency's biggest scandal in decades.
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A House subcommittee that oversees Social Security called for an investigation into how judges approve disability benefits.
The Justice Department is expected to oust the head of the Bureau of Alcohol, Tobacco, Firearms and Explosives, amid a federal antitrafficking operation that has grown into a scandal.
A recent Supreme Court decision ordering California to reduce its prison population shows that capacity isn't a cut-and-dried concept.
As higher gasoline prices weigh on consumer confidence, they also are spurring cost-cutting maneuvers by people for whom driving less often isn't an option, from piano tuners to home-health-care providers.
The U.S. index of leading economic indicators rebounded in May, but consumer sentiment levels fell as of the middle of June, according to two data reports.
The golf date between President Barack Obama and Republican House Speaker John Boehner comes amid bipartisan talks on deficit reduction, but few expect a breakthrough on the links.
he Obama administration said it will stop granting new waivers to the health-overhaul law in September following sharp opposition from Republicans who used the waivers in their bid to undermine the law.
Presidential candidate Tim Pawlenty, lagging behind in polls, is going on offense against Republican front-runner Mitt Romney.
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The Club for Growth has begun a series of attacks against top Republican Senate contenders that suggest the party could face divisive primaries in 2012 similar to those in 2010.
Lawmakers on the House subcommittee that oversees Social Security called for an investigation into how judges determine whether someone qualifies for disability benefits, following a recent Wall Street Journal story.
California's state parks are in a downward spiral of budget cuts that has left many partially closed and in decrepit condition heading into the busy summer season.
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The Department of Homeland Security said it was adjusting a program designed to deport illegal immigrants who commit crimes, in response to sharp criticism that the initiative is upending the lives of many innocent people.
Al Schwimmer smuggled unused U.S. warplanes to Israel and helped found the new country's air force by assembling a motley array of castoff planes from around the world
The week in essential news, analysis, graphics and stats.
Standing together in Berlin Friday, Angela Merkel and Nicolas Sarkozy said they see a way forward for Greece. And it goes via Vienna.
The appointment of veteran Socialist politician Evangelos Venizelos as Greece's new finance minister brings a heavyweight political operator to the country's talks with its European partners over a second aid package and promised economic reforms.
Moody's Investors Service placed Italy—the euro zone's third-largest economy—on notice Friday, warning that its sovereign rating may be imperiled by a weak economy and rising interest rates.
Recent violent protests by migrant workers in China's Guangdong province is denting the image its high-flying Communist Party chief wants to project and sends a troubling message to China's leaders.
China said it had staged maritime defense exercises in the South China Sea, just after Vietnam conducted live-fire drills in the same disputed waters, adding to tensions in the region
Egypt's military rulers will consider demands from secular parties that a constitution be drafted before elections are held, a move that could delay the country's first postrevolutionary polls and bolster non-Islamist political parties.
The U.S. is gathering information on alleged human-rights abuses by Assad's regime and is exploring ways to more directly target Syria's oil and gas revenue.
Police attacked protesters in Aleppo, Syria's second city on Friday, in the first bloodshed there since unrest began, as tens of thousands of people took part in demonstrations across the country.
Several Saudi women, inspired by revolutions in the Middle East, got behind the wheel Friday to challenge restrictions against female drivers in the ultra-conservative kingdom.
The Mavi Marmara, the Turkish ship at the center of a diplomatic storm last year when Israeli soldiers boarded to stop it reaching Gaza and killed nine passengers, has pulled out of a repeat aid flotilla on June 25.
Yemeni officials said on Friday that President Ali Abdullah Saleh, who is in Saudi Arabia being treated for severe injuries from an attack on his presidential compound, would return to Yemen soon, a claim Saudi officials denied.
U.S. military officers are pondering the possibility that the Taliban are emulating the Tet Offensive, the series of attacks by North Vietnam in 1968 that failed to win the war but became a propaganda defeat for the U.S.
Mexican crime groups have virtually taken over the pipeline system of Mexico's state oil monopoly, stealing growing amounts of fuel and gaining an important source of new revenue.
World Watch items for Saturday June 18, 2011.
Tagging along with Phil Mickelson and Dustin Johnson for 36 holes, McIlroy is just about flawless.
Get ready for The Longest Tennis Match Ever Played, the Sequel. Plus, UCLA freshman golfer Patrick Cantlay sparkles at the U.S. Open.
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Educated young Russians are exporting their talents across the globe. Now the Kremlin is beginning to take notice.