Struggling Internet company Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion.

Struggling Internet company Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion.

Three young men were arraigned Sunday in the assault and carjacking of popular Detroit pastor and gospel singing icon Marvin Winans.

(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches. ...

Yahoo! announced today it has reached an agreement with Alibaba Group on a staged and comprehensive plan to unlock the Yahoo's investment in the Alibaba. The plan, which was announced in a release, includes a transaction this year where Alibaba will purchase up to one-half of Yahoo's current stake in Chinese e-commerce company Alibaba. The [...]

Millions of Asians watched as a rare "ring of fire" eclipse crossed their skies early Monday.

NEW YORK — A nearly complete tyrannosaur skeleton has sold for just over $1 million, in spite of a call to halt its auction because the fossils may have been taken illegally from Mongolia.

Pakistan restored access to Twitter after briefly blocking the microblog over "blasphemous" posts about a Facebook competition involving caricatures of the Prophet Mohammed.

Did a singer's name ever seem so prophetic and appropriate as in the case of Robin, one of the great male songbirds of rock's golden age? Bee Gee Robin Gibb succumbed to a longtime struggle with liver cancer Sunday, a spokesperson confirmed. The Rock & Roll Hall of Famer was 62. His death dashed the hopes [...]

The commander of NATO-led forces in Afghanistan bluntly warned Sunday that American soldiers will face combat in that war-torn country right up to the time they leave, December 31, 2014. General John Allen told reporters not to buy into a "narrative" that the handover of security responsibilities to Afghan forces next year means US troops [...]

SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday. Apple's Tim Cook and Samsung's Choi Gee-sung, whose companies are embroiled in bitter patent litigation, have been instructed by a federal judge to appear for court-supervised mediation. A joint court filing in April said that "as directed by the Court, Apple and Samsung are both willing to participate" in the discussions. ...

Several thousand demonstrators marched through downtown Chicago to protest the start of the two-day NATO summit as planned, streaming into Chicago's Grant park on Sunday afternoon. And unlike Saturday--which featured "increasingly tense clashes" between police and protesters--Sunday's march was mostly peaceful. Mostly. But there were some isolated, violent clashes between police and protesters--resulting in at [...]

For relatives of the people who died in the Lockerbie bombing, the death Sunday of the only man who was convicted stirred up questions once again about his guilt and whether others went unpunished.

The head of the U.N. nuclear agency flew to Tehran on Sunday on a delicate mission that — if successful — could finally lift the veil on whether Iran is seeking atomic arms while strengthening the Islamic ...

Newark Mayor Cory Booker slammed the Obama campaign's ad criticizing Mitt Romney's record as the head of Bain Capital, and called for an end to"nauseating" attacks from both sides. "I have to just say from a very personal level, I'm not about to sit here and indict private equity," Booker, a Democrat, said in an [...]

Prosecutors charged two more activists Sunday with crimes tied to the two-day NATO summit, accusing one of saying he wanted to blow up a downtown Chicago bridge and a second with seeking to build pipe bombs.

Tropical Storm Alberto weakened slightly off the South Carolina coast on Sunday, canceling tourist cruises, producing showers along the coast and serving as a reminder that the 2012 Atlantic hurricane season is just around the corner.

The White House said Sunday that the death of convicted Lockerbie bomber Abdel Basset Ali al-Megrahi closed "an unfortunate chapter" that opened when Scotland freed the former Libyan intelligence officer on humanitarian grounds in 2009. "We have received confirmation from the Libyan government that Abdel Basset Ali al-Megrahi died earlier today," National Security Council spokesman Tommy Vietor [...]

Looking to a day when "the Afghan war as we understand it is over," President Barack Obama met Sunday with Afghan President Hamid Karzai to discuss NATO's withdrawal from that strife-torn country by the end of 2014. Obama, who has put the draw-down of combat troops at the heart of his foreign policy, declared that "the [...]

Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.

At least seven people died and 50 were injured after a 6.0-magnitude earthquake struck northern Italy early Sunday, authorities there said. According to CNN, two ceramic factory workers were killed in Sant'Agostino di Ferrara, another in a shed collapse in Ponte Rodoni di Bondeno, and three others in under rubble in various locations. Among the [...]

Abdel Basset Ali al-Megrahi, the former Libyan intelligence official who was sentenced to life in prison in the bombing of Pan Am Flight 103, has died, the Libyan government said on Sunday. He was 60. The bombing of the Dec. 21, 1988 Pan Am transatlantic flight to New York from London as it flew over [...]

Mark Zuckerberg got married, everyone! A day after taking Facebook public, Zuck tied the knot with his longtime girlfriend Priscilla Chan and announced it the only way he knows how: through his Facebook timeline.