Popular unrest in Libya spiraled into violent clashes and gunfire, destabilizing a major oil-producing state and threatening to add Moammar Gadhafi to the list of autocratic Middle Eastern leaders ousted since the beginning of the year.
The American detained in Pakistan in the killing of two armed men was working secretly in the country for the Central Intelligence Agency, U.S. officials say.
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The FDIC has sent letters to former executives of the failed Washington Mutual Bank warning of possible legal action, says a person familiar with the situation, and has discussed damages of $1 billion in relation to a potential lawsuit.
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BHP Billiton said it was acquiring Chesapeake Energy's Fayetteville shale gas holdings in Arkansas and other assets in a deal totaling about $4.75 billion in cash.
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Russia's powerful energy czar, Igor Sechin, warned BP and its billionaire Russian partners not to disrupt a deal between the British firm and Rosneft.
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As several market gauges return to levels seen before the global financial crisis, many investors remain heavily in the market, even if they remain skeptical of the rally's longevity. The debate is over when the music will end and it's time to step away.
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Spirits giant Diageo said that it will acquire Turkish spirits company Mey Içki Sanayi ve Ticaret for $2.11 billion from U.S. private-equity firm TPG Capital, a deal that gives Diageo access to a vast distribution network for its brands in the fast-growing nation.
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News Corp. has agreed in principle to buy U.K. television-production company Shine Group for $674 million.
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Bahrain's opposition groups will make another attempt to coordinate their response to the government's call for dialogue, a day after failing to reach a consensus on whether to start negotiations with the country's rulers.
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The federal government is launching a massive study to determine whether workers who helped clean up last year's Gulf of Mexico oil spill are getting sick as a result of those jobs.
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Citing a dearth of coolness in the recovering U.S. hotel market, entrepreneurs and impresarios are racing to develop a new generation of hotel brands to stylish travelers.
More executives—including some at GM and Disney—are finding their duties suddenly changing to cover areas they know nothing about.
The 401(k) generation is beginning to retire, and it isn't pretty. The retirement savings plans that many baby boomers thought would see them through old age are falling short in many cases.
Too many men in their 20s live in a kind of extended adolescence—and women are sick of dealing with them.
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Major retailers, like Wal-Mart and Gap, report quarterly earnings this week, and the results will be the final word on whether holiday shoppers were naughty or nice to the chain stores.
A small group of senators is seeking to do what nobody else in Washington seems capable of doing: Devise the Big Deal on budget deficits. Doing that will require a solid anchor in the political center—a task that will ultimately fall to Obama.
People who complain about being pressed for time often blame an overload at work, homeor both. Now researchers are pointing to a surprising culprit: the pay raise.
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Devices that point to a future in which consumers and devices are connected wirelessly were on show at Mobile World Congress in Barcelona.
Too many men in their 20s live in a kind of extended adolescence—and women are sick of dealing with them.
Popular demonstrations in Tunisia toppled a president and spread to countries across the region. See photos from protests from Algeria to Yemen.