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Miami police sue city over emergency pay cuts 04/09/2553 11:01

NEW YORK (Reuters) - The Miami police union sued the city this week for abandoning their collective bargaining agreement and pushing through emergency pay and pension plan cuts.

BP says failed blowout preventer off Gulf well 04/09/2553 11:01

HOUSTON (Reuters) - BP Plc removed a failed blowout preventer from atop its ruptured Gulf of Mexico oil well on Friday afternoon, a company spokesman said.

Kia recalls 56,000 Souls, Sorentos in U.S., S. Korea 04/09/2553 11:01

DETROIT/SEOUL (Reuters) - Kia Motors said on Friday it had started a recall of some 56,000 Soul and Sorento vehicles sold in the United States and South Korea due to defective wiring harnesses that could cause fires.

Government says no leaking oil at Mariner platform 04/09/2553 11:01

HOUSTON (Reuters) - U.S. government inspectors found no leaking oil at Mariner Energy Incs burned platform in the Gulf of Mexico, officials said late on Friday, allaying fears about more environmental damage after BPs massive spill.

Madoff investors win $12.74 mln in Merkin case 04/09/2553 11:01

NEW YORK (Reuters) - Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show.

Judge denies bail for former Enron CEO Skilling: court document 04/09/2553 11:01

HOUSTON (Reuters) - A federal appeals court judge on Friday denied bail for former Enron Corp Chief Executive Jeffrey Skilling, according to a court document.

Payrolls data offer ray of hope for recovery 04/09/2553 11:01

WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.

Obama to address new economic ideas next Wednesday 04/09/2553 11:01

WASHINGTON (Reuters) - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.

Earl downgraded from hurricane to tropical storm 04/09/2553 11:01

WASHINGTON (Reuters) - Hurricane Earl was downgraded to a tropical storm on Friday, weakening as it swirled up the U.S. eastern seaboard, the U.S. National Hurricane Center said.

Cape Cod greets Earl with plywood and grumbling 04/09/2553 11:01

CHATHAM, Massachusetts (Reuters) - Residents and business owners in the beach communities of Cape Cod and nearby islands of Nantucket and Marthas Vineyard hung plywood over their shop windows on Friday and rued the arrival of Hurricane Earl, which appeared set to spoil their holiday weekend.

Kardashian Craze: Why Is the World Obsessed With a Family Famous For No Reason? 03/09/2553 10:01

These days, the Kardashians are undoubtedly the hottest family in Hollywood.

Lamest Celebrity Excuses Ever 03/09/2553 10:01

These sneaky stars have good reasons for their bad behavior. Really!

Michael Douglas Opens Up About His Stage Four Cancer to David Letterman 03/09/2553 10:01

Michael Douglas opened up to David Letterman about his recent diagnosis with throat cancer, saying he has an 80 percent chance of recovery.

Tiger Woods: The $54 Million Mortgage 03/09/2553 10:01

With the real estate market still in the crapper ... Tiger Woods recently took out a $54.5 million mortgage for the mega-mansion hes building on Floridas exclusive Jupiter Island.