NEW YORK -- Bank of America, under fire from shareholders and analysts, is getting a $5 billion investment from Warren Buffett's investment company. The banking giant's stock soared this morning on the news. The investment by Berkshire Hathaway is reminiscent of a $5 billion investment Buffett made in Goldman Sachs in September 2008 in the depths of the financial crisis. That injection of capital helped restore confidence in Goldman and helped the Wall Street firm attract other investments. As...
Libyan rebel forces are pushing east towards Col Gaddafi's hometown of Sirte, having taken most of Tripoli. They have been exchanging heavy rocket fire with about 1,000...
Editor's Note: Check out "Open Story: Hurricane Irene," a collaborative effort of CNN and iReport contributors who are documenting the storm as it moves across the Atlantic Ocean. Read more about Hurricane Irene from CNN affiliate WBOC. Miami (CNN) -- Mandatory evacuation orders for parts of North...
Deputy President Kgalema Motlanthe has hinted that the International Criminal Court should investigate Nato for the loss of civilian life in Libya arising from its apparently helping the rebels take the capital, Tripoli. This help would have exceeded Nato’s UN mandate to protect civilians. But...
Talks between the government and Anna Hazare's team on a sweeping anti-corruption law ended in a deadlock Wednesday night, shattering hopes of an early resolution to spiralling political crisis triggered by the social activist's indefinite fast At the latest round of talks between the two sides, the...
SAN FRANCISCO -- Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. (AAPL) into one of the world's most powerful companies, resigned as CEO on Wednesday, saying he can no longer handle the job but will continue to play a leadership role. The move appears to be the...
Thursday, 25 August 2011, 12:13 pm Press Release: AsianHuman Rights Commission August 24, 2011 A Statement by the Asian Human Rights Commission ‘India: Who has the right to judge?’ There is surely nothing wrong in demanding an end to the reign of corruption. And yet, for many in India...
The Buddhist community here in Syracuse has joined His Holiness the Dalai Lama with feelings of deep sadness over the self-immolation death of 29-year old Tibetan monk Tsewang Norbu. Buddhists here in Syracuse are joining the Dalai Lama in prayers for a better future for Tibetan Buddhist monks....
DUBAI, United Arab Emirates - When Libyan rebels first called out for international aid, the wealthy Gulf was quick to answer: Warplanes from Qatar and United ArabEmirates joined the NATO-led military coalition against Moammar Gadhafi and critical aid and diplomatic support were funneled to...
