While the troubles in Egypt and Tunisia are important in Washington's geo-strategic calculations, they don't rank highly in its selfish concern over real estate. All that changes when it comes to the tiny Persian Gulf state of Bahrain, an island tucked between Saudi Arabia and Qatar on the gulf's western shore with fewer than 1…

In , the Supreme Court will decide whether it's a violation of securities law for a drug company not to report adverse incidents to shareholders on the theory that the number of incidents didn't reach the threshold to be considered statistically significant. How did this case arise?Matrixx is a seller of cold remedies, including a…

While at a Lincoln Park, New Jersey, town hall meeting, New Jersey Governor Chris Christie has said that he plans to ask New York Governor Andrew Cuomo to repossess the always rowdy and often drunken cast members of the MTV reality show, Jersey Shore.Although the show, which follows the lives of several hard partying twenty-somethings,…

NEW YORK (AFP) – BATS Global Markets, a leading US stock exchange operator, has struck a deal to buy Chi-X Europe, The Wall Street Journal reported Thursday amid rumors of a Nasdaq-ICE tie-up.With merger mania sweeping the exchange operator industry, the Journal said that Kansas-based BATS had agreed to buy pan-European trading platform Chi-X Europe…

An isooctane plant in Mont Belvieu in Chambers County in Texas exploded at around 12:15 p.m. Central Standard Time. Isooctane is a motor gasoline octane enhancement additive., as of 10:18 p.m., one contract employee was still unaccounted for. Company spokesman Rick Rainey said that they need to confirm whether anyone saw the contract employee leave…

GENEVA (AFP) – Human rights groups vowed Monday to pursue George W. Bush wherever he travels, claiming that the former US president had cancelled a trip to Switzerland over fears that he could be probed for torture.Bush was due to attend a fund-raising gala evening in Geneva this week, but organisers said Saturday that he…

ARLINGTON, Texas – Aaron Rodgers and the Green Bay Packers have taken a 21-17 lead into the fourth quarter of the Super Bowl.Yet, the Pittsburgh Steelers — going for their third Super Bowl championship in six seasons, and seventh overall — started the final 15 minutes Sunday with the ball. They had already cut deeply…

LONDON (AFP) – Britain?s biggest banks are poised to pay out a combined 6 billion in bonuses despite government demands for restraint on City pay, the Sunday Times reported, without identifying its sources.The size of the payout will embarrass George Osborne, the chancellor, who is hoping to announce a peace deal with the City this…

KANSAS CITY, Mo. -- Ford has announced it will put $400 million into a largeassembly plant outside Kansas City in order to modernize certain aspectsof vehicle production.The high-profile news comes three months after Fordsaid it would keep the plant open. quoted Gov. Jay Nixon as saying it was an "historic day" for Missourians.Thereports Fordvice president…

WASHINGTON (Reuters) – Republicans threatened on Tuesday to use their new power as the majority in the House of Representatives to withhold funding for the United Nations as they accused the world body of waste and bias.The chairwoman of the House Foreign Affairs Committee, Representative Ileana Ros-Lehtinen, said she would reintroduce legislation that would condition…