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U.S. retailers miss fewer Christmas deadlines: early surveys

Major U.S. retailers missed fewer Christmas deliveries this year, according to two small, early surveys released on Friday, partly reflecting a year's worth of investments made to avoid 2013's last-minute shipping debacle.


Oil declines amid stronger dollar, crude oversupply in U.S.

Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya.

Oscar Pistorius gets no love on Christmas, South Africa judge allows appeal to Blade Runner culpable homicide acquittal

According to state prison officials, Oscar Pistorius along with other high-profile prisoners do not get special treatment, even for Christmas. Meanwhile, the court under judge Thokozile Masipa allowed the state to appeal for Pistorius acquittal from the murder charge he was slapped with.

Wall Street ends at record in second straight weekly gain

U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.


Latest News

The Lizard Squad owned up to the recent outage of Sony Corp's PlayStation Network and Microsoft Corp's Xbox Live, which started on Christmas Day. The outage happened just after Sony issued a statement that it will release "The Interview" online.
An advertisement from Glasgow is looking for two new Power Rangers months after Lionsgate and Saban announced their plans for a live-action reboot of the TV series.
Mark Wahlberg shared to MTV News about the latest updates on "Transformers 5." Just when fans of the "Transformers" film franchise has stopped holding out hope for another sequel, actor Mark Wahlberg managed to revive that zest to make that installment happen once again.
The Party Down South 2 cast has something to smile about on Christmas-partying under the mistletoe! Read more about Raven and Bradley's relationship here.
China will increase official aid to Nepal by more than five times from fiscal 2015-16, officials said on Friday, to develop infrastructure in the landlocked nation where regional rival India has long wielded political influence.
A big oil price slide will hurt Iran's attempts to rescue battered living standards, but economic pain is unlikely to soften its stance in nuclear talks or end aid to allies such as Syria, matters seen by its ruling clerics as strategic priorities.
Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.
BYD Co Ltd 002594.SZ(1211.HK), the Chinese carmaker backed by Warren Buffett, said on Wednesday its chairman has increased his stake in the company and may buy more shares as a sign of confidence following the stock's record slump last week.
Oil edged above $60 a barrel on Friday as unrest in Libya cut supplies, offsetting a growing supply glut in top consumer the United States and weak imports by Japan.
"Star Trek 3," the latest film in the intergalactic franchise featuring Captain Kirk and the crew of the USS Enterprise, will open in U.S. theaters on July 8, 2016, Paramount Pictures said on Tuesday.