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LA prepares for Jackson memorial 1:23 Report

Jul 06 - Los Angeles gets ready for the Michael Jackson memorial, Madonna honors ''King of Pop'' and the box office weekend.

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Federal Trade Commission sues chip giant Intel

WASHINGTON (Reuters) - The government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.

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Federal Reserve Chairman Ben Bernanke is pictured at his Senate Banking, Housing and Urban Affairs Committee hearing on his nomination to continue as Chairman of the Board of Governors, on Capitol Hill in Washington, December 3, 2009. REUTERS/Jason Reed

No great expectations

Investors are getting antsy about when the Fed will tighten its purse strings, now that the economy appears to be coming back to life.   Full Article 

ECONOMY
A long-range, improved Sejil 2 missile is test-fired in the desert at an unknown location in Iran in this Iranian military handout distributed by Fars news agency on December 16, 2009.

Iran tests upgraded missile

Hardline rulers send uncompromising signals to foes at home and abroad, testing a missile that could reach Israel and warning of legal action against opposition leaders.  Full Article | Video 

Iran