Former internet media giant AOL is buying the online newspaper The Huffington Post for 315 million US dollars in a bid to regain its position as a leading producer of web content, the companies announced Monday.
Brazilian policy towards Middle East and the Arab world harm US strategy in the region according to US embassy diplomatic cables between 2004 and 2009, recently exposed by Wikleaks.
United States Treasury Secretary Tim Geithner will visit Monday Brazil to discuss economic cooperation. Geithner is scheduled to return on the same day.
The International Monetary Fund urged Uruguay to focus policies on securing “a soft economic landing” amid a surge in capital inflows to emerging economies and higher commodity prices.
Brazilian President Dilma Rousseff will discuss with her U.S. counterpart Barack Obama ways to counteract the threat posed by an undervalued Yuan and cheap imports from China, a Brazilian official said.
The US economic recovery still needs help from the Federal Reserve despite signs of improvement, the central bank's chairman Ben Bernanke said.
While Egypt's government attempted to crackdown on street protests by shutting down internet and mobile phone services, United States is preparing to reintroduce a bill that could be used to shut down the internet.
The number of illegal immigrants in the United States levelled off at around 11 million in 2010, ending a two-year slide since the start of the recession, according to a study released on Tuesday.
General Motors said on Thursday that it was withdrawing its application to borrow $14.4 billion from a pool of federal money intended to help automakers build more fuel efficient vehicles.
The number of newly signed sale contracts on existing United States homes registered another increase in December, beating analysts' expectations.