News

Photo

Yemen Houthi rebels advance despite Saudi-led air strikes

ADEN - Yemen's Houthi rebels made broad gains in the country's south and east on Friday despite a second day of Saudi-led air strikes meant to check the Iranian-backed militia's efforts to overthrow President Abd-Rabbu Mansour Hadi. | Video

Recent Top News

Nigerians vote in first genuine contest since end of dictatorship

ABUJA - Nigerians vote on Saturday in what looks set to be the first genuine electoral contest since the end of military rule in 1999, one in which an opposition aspirant has a fighting chance of unseating the incumbent President Goodluck Jonathan.

World, Africa 8:14pm EDT

Intel in talks to buy Altera, shares of firms surge

- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.

Tech, Deals 6:55pm EDT

U.S. economic growth slows in fourth quarter; corporate profits fall

WASHINGTON - U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. | Video

4:51pm EDT

Senate passes Republican budget with deep safety net cuts

WASHINGTON - The Senate passed a Republican-authored budget plan early on Friday that seeks $5.1 trillion in domestic spending cuts over 10 years while boosting military funding.

Oil dives 5 percent as worries about Iran talks trump Yemen

NEW YORK - Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market.

3:42pm EDT
Photo

Jury clears Kleiner firm in Silicon Valley gender bias case

SAN FRANCISCO - A California jury on Friday cleared venture capital firm Kleiner, Perkins, Caufield and Byers of gender discrimination claims brought against it by a woman former partner, in a trial that transfixed Silicon Valley. | Video

Libya forces said to leave bases near oil ports; hopes they may reopen

BENGHAZI, Libya - Forces loyal to a rival Libyan government controlling the capital Tripoli have withdrawn from frontline bases near the country's biggest oil ports, a spokesman said on Friday, raising hopes the ports might soon be reopened.