Satyam scandal could be 'India's Enron'
The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years.
CBO sees record $1.2 trillion '09 deficit
The U.S. federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
Al-Qaida No. 2 blames Obama for Gaza
Al-Qaida's No. 2 leader lashed out at President-elect Barack Obama in a new message, accusing him of not doing anything to stop Israel's actions in the Gaza Strip, according to a monitoring center.
Europe shivers as Russia cuts gas shipments
Russia shut off all gas supplies to Europe through Ukraine on Wednesday — leaving more than a dozen countries scrambling to cope during a winter cold snap.
Obama hails 'extraordinary gathering'
President-elect Barack Obama has returned to the White House for a private sit-down with President George W. Bush, less than two weeks before their official transfer of power.
Stonehenge: One totally awesome rave location
Stonehenge was built as a dance arena for prehistoric "samba-style" raves, according to a study of the acoustics of the 5,000-year-old stone circle.
Reports: Gupta approached for surgeon general
CNN says President-elect Barack Obama has approached its medical correspondent, Sanjay Gupta, to be the country's next surgeon general.
Coulter ‘delighted' she isn't banned from NBC
After her appearance on TODAY was canceled earlier in the week, conservative author Ann Coulter was on the show Wednesday, speaking out about unwed mothers and "B. Hussein" Obama. She said she was "delighted to hear" she wasn't banned from NBC.
'God' author faces plagiarism claim
Neale Donald Walsch, best-selling author of "Conversations with God," said that he unwittingly passed off another writer's Christmas anecdote as his own in a recent blog post.
U.S. 2008 planned layoffs most in five years
Planned layoffs at U.S. firms eased in December from the previous month's seven-year high but they were up an astounding 275 percent annually, according to a new report.