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Obama says will 'degrade and destroy' Islamic State

The United States plans to fight Islamic State until it is no longer a force in the Middle East and will seek justice for the killing of American journalist Steven Sotloff, President Barack Obama said on Wednesday.

Sep 03, 2014 10:52 AM EDT

Personal Finance

What your college kid isn't telling you about money

It is an American rite of passage. Little Johnny finally grows up, goes off to college, and starts handling money on his own. He probably spends a little too much, and racks up some debt.

Markets

Bullish U.S. manufacturing, construction data bolster growth outlook

U.S. manufacturing activity increased to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in further signs of vigor in the economy.

Putin orders building hastened at new Russian spaceport

President Vladimir Putin on Tuesday ordered construction sped up on a multi-billion-dollar spaceport in Russia's Far East that he said would break reliance on the Baikonur cosmodrome in Kazakhstan and launch future missions to the Moon and Mars.

Nigeria records another Ebola case in oil city, 17 cases total

Nigeria has a third confirmed case of Ebola in the oil hub of Port Harcourt, bringing the country's total confirmed infections to 17, with 271 people under surveillance, the health minister said on Monday.

Sep 02, 2014 11:26 AM EDT

Insider traders in U.S. face longer prison terms, Reuters analysis shows

U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said.

Sep 02, 2014 11:22 AM EDT

Drama of mother starving baby grips Venice fest

A film portraying New York City mother who starves her baby because she thinks he is saint-like and food contains impurities has caused a stir at the Venice Film Festival for its switch from light romance to painful psychosis.

Sep 02, 2014 11:17 AM EDT

Williams, Djokovic cruise, Nishikori works late

Serena Williams and Novak Djokovic kept their time in blazing conditions to a bare minimum on Monday as they breezed into the U.S. Open quarter-finals but Eugenie Bouchard's hopes of a maiden grand slam title melted away in the heat.

Sep 02, 2014 11:14 AM EDT

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

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.

Sep 02, 2014 11:02 AM EDT

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.

Sep 02, 2014 10:57 AM EDT

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.

Aug 29, 2014 11:34 AM EDT

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