American International Group (AIG) has reported a net income of $19.8 billion in the fourth quarter of 2011, gaining about 77 per cent year-on-year thanks to a big tax benefit.

For the year 2011, the

The trial of an Indian-origin Rutgers University student accused of spying on his roommate's sexual encounter with another man began today with attorneys preparing to give their opening statements.

New York Mayor Michael Bloomberg on Wednesday jumped to the defence of the city's police department that is facing brickbats over reports it monitored Muslim students in colleges across the Northeast,

Computer maker Dell on Wednesday said its net income declined by 18 per cent to USD 764 million in fourth quarter of 2011, impacted by shortage of hard disks and weaker demand in public segment in the

The grandson of the late Princess Grace of Monaco was briefly hospitalized after a brawl in a New York City nightclub.

Prince Pierre Casiraghi (cah-zee-RAH'-ghee) suffered cuts to his face during Sat

A US court is set to hear March 15 a plea for 'default judgment' against India's Congress party for failing to defend charges of conspiring, aiding, abetting, organising anti-Sikh riots in November 19

It wasn't Sherry Hunt's original intent to go public on the shoddy quality control at a mortgage unit at Citigroup Inc, her employer since 2004.

But by March 2011, as it became apparent to her that t

The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million.

The Wall Street Journal says the property on Central Park West in Manhattan is now the most expensi

An attack by vandals at the national museum in the Maldives capital was reminiscent of the Taliban's demolition of the Buddha statues in Afghanistan and has raised fears that extremists were gaining

The New York Health Department is going to launch a new app that tells smart phone users where they can get free Lifestyles condoms.

Using GPS, the NYC Condom Finder Services app directs randy New Yo