A poor U.S. jobs report sends shockwaves through the markets. David Kotok, chairman and chief investment officer at Cumblerland Advisors and Andrew Freris, senior invmt strategist at BNP Paribas Wealth Management break down the numbers, with CNBC's Martin Soong.
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At least 16 people have been killed in northern Italy, after a freight train carrying gas derailed and crashed into several homes. Many of the victims were asleep when the train ploughed into their homes, triggering an explosion.
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A new report by Human Rights Watch says missiles fired from Israeli drone aircraft killed many innocent civilians during the war on Gaza. The unmanned aerial vehicles are supposed to carry the most precise weapons, but the report says most of them ended up destroying the wrong targets. Al Jazeera's Sherine Tadros reports from Gaza
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TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.
NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
LONDON (AP) -- British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers....
BIRMINGHAM, Ala. (AP) -- HealthSouth Corp. is accusing fired chief executive Richard Scrushy of hiding money in offshore bank accounts and transferring assets out of his name to avoid paying court judgments....
MICHAEL Jackson's family has confirmed a memorial service for the late pop icon will take place on Wednesday at the Staples Centre arena in Los Angeles. MICHAEL Jackson's family has confirmed a memorial service for the late pop icon will take place on Wednesday at the Staples...
UNITED NATIONS (Reuters) - Iranian Nobel Peace Prize recipient Shirin Ebadi called on U.N. Secretary General Ban Ki-Moon on Thursday to appoint a personal envoy to investigate human rights abuses in Iran. Iran's Nobel Peace Prize laureate Shirin Ebadi addresses a speech during a demonstration against the presidential election in Iran outside the European Parliament in Brussels...
Click photo to enlargeSupporters of ousted President Manuel Zelaya hold hands as they stand in front of a line of soldiers guarding the entrance to a park during a protest through downtown Tegucigalpa,Thursday, July 2, 2009.«12345»TEGUCIGALPA, Honduras—A top diplomat said Thursday he is heading to Honduras to demand the return of the president toppled at gunpoint—a mission he said is likely to meet rejection, bringing diplomatic and economic punishment for the impoverished Central American nation. The head of the Organization of American States, Jose Miguel Insulza, said he plans to travel to Honduras on Friday to insist on the restoration of President Manuel Zelaya,...
KABUL, Afghanistan -- The massive Marine assault launched Thursday in southern Afghanistan's Helmand province is intended to recapture an area that's been under Taliban control for the past five years -- a step officials think is critical to showing Afghan civilians that coalition forces can protect them from Islamist militants. If the offensive is successful, 4,000 U.S. Marines and 600 Afghan troops will clear the Helmand river valley, district by district, of Taliban fighters in roughly seven weeks, finishing around...
WASILLA, Alaska (AP) -- Alaska Gov. Sarah Palin said Friday she is resigning from office at the end of the month, raising speculation that she would focus on a run for the White House in the 2012 race....
WASHINGTON (AP) -- The top Republican on the Senate committee that will consider Sonia Sotomayor's Supreme Court nomination says a Puerto Rican civil rights group's papers could shed light on her judicial approach, particularly her view of racial preferences in hiring....
WIMBLEDON, England (AP) -- Rising, rising, rising, high above the most famous patch of grass in tennis, Roger Federer channeled Pete Sampras on match point in the Wimbledon semifinals Friday, tucking both feet back beneath his body and uncorking an overhead smash....
LOS ANGELES (AP) -- Phil Jackson will return to coach the Los Angeles Lakers next season, getting a clean bill of health following a record championship season....
