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New Apple iPhone to have 'mobile wallet' function: Bloomberg

Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.

Sep 02, 2014 11:09 AM EDT

World

Somali officials say U.S. struck where al Shabaab were meeting

An air strike by U.S. military forces struck an area where leaders of Somalia's al Qaeda-linked militants were meeting, intelligence sources said on Tuesday, but it was unclear whether any insurgent commanders were killed.

News

Dollar General sweetens Family Dollar bid, may go hostile

Dollar General Corp (DG.N) raised its bid for Family Dollar Stores Inc (FDO.N) to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.

Personal Finance

Wall Street edges down but on track for 4th week of gains

U.S. stocks were slightly lower on Friday, with investors finding few reasons to extend a long-running rally, even as the latest economic data joined the trend of better-than-expected reports on the economy.

Scientists solve mystery of moving Death Valley rocks

A solution to the longstanding mystery of why rocks move erratically across an isolated patch of California's Death Valley finally emerged on Thursday, when researchers published a study showing the driving force was sheets of wind-driven ice.

Aug 29, 2014 11:27 AM EDT

Florida man caught killing, and eating, threatened tortoises

Wildlife authorities in Florida caught a man who killed and ate 15 gopher tortoises and planned to slaughter 11 more of the threatened reptiles, a spokeswoman said on Thursday.

Aug 29, 2014 11:19 AM EDT

Comedian Joan Rivers 'resting comfortably' at hospital

Acerbic comedian and fashion critic Joan Rivers is "resting comfortably" and with her family, her daughter said on Thursday, after Rivers reportedly stopped breathing during surgery on her vocal chords and was rushed to Mount Sinai Hospital in New York.

Aug 29, 2014 10:58 AM EDT

SoftBank's first Sony smartphone deal takes aim at U.S. market

Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.

Aug 29, 2014 10:49 AM EDT

Federer, Sharapova take center stage but eyes on Venus

Roger Federer and Maria Sharapova will take center stage at the U.S. Open on Friday but Flushing Meadows is slowly turning into a Williams family affair with the sisters eager to add to their grand slam collections.

Aug 29, 2014 10:26 AM EDT

Obama says does not yet have military strategy for Islamic State

President Barack Obama said on Thursday the United States has not yet developed a strategy for confronting Islamic State in Syria, an acknowledgement that a decision had not been made on whether to launch air strikes against the militant group.

Aug 29, 2014 10:21 AM EDT

Syrian refugees top 3 million, half of all Syrians displaced: U.N.

Three million Syrian refugees will have registered in neighboring countries as of Friday, but many remain trapped by the advance of Islamist militants or are having difficulty in reaching open border crossings, the United Nations said.

Aug 29, 2014 10:18 AM EDT

Cautious U.S. consumers cut spending, boost savings

U.S. consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, indicating that households remain cautious despite an acceleration in economic growth.

Aug 29, 2014 10:05 AM EDT

Wall Street dips on Ukraine concerns despite strong data

U.S. stocks fell on Thursday after Ukraine's president said Russian forces had been brought into his country, bringing concerns over the volatile region back into focus and overshadowing some positive economic data.

Aug 28, 2014 11:14 AM EDT

NASA says new heavy-lift rocket debut not likely until 2018

NASA’s new heavy-lift rocket, designed to fly astronauts to the moon, asteroids and eventually Mars, likely will not have its debut test flight until November 2018, nearly a year later than previous estimates, agency officials said on Wednesday. NASA is 70 percent confident of making a November 2018 launch date, given the technical, financial and management hurdles the Space Launch System faces on the road to development, NASA associate administrators Robert Lightfoot and Bill Gerstenmaier told reporters on a conference call.

Aug 28, 2014 11:04 AM EDT

Pending home sales rise sharply, point to stronger market

Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.

Aug 28, 2014 11:01 AM EDT

West Africa Ebola outbreak could infect 20,000 people, WHO says

The Ebola epidemic in West Africa could infect more than 20,000 people, the U.N. health agency said on Thursday, warning that an international effort costing almost half a billion dollars is needed to overcome the outbreak.

Aug 28, 2014 10:50 AM EDT