The shooting spree in a Connecticut school that left 20 small children and six adults dead capped a tragic year for the US, which saw similar massacres in a Colorado theatre and Wisconsin gurdwara, putting pressure on the Obama administration to take action on the country's gun laws.

Oracle Corp agreed to pay a $2 million fine to settle U.S. Securities and Exchange Commission charges that an India subsidiary secretly set aside money used to make unauthorised payments to phony vend

U.S. federal investigators are looking at whether JPMorgan Chase & Co traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the bank s

JPMorgan's $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to ke

Disgraced former IMF chief Dominique Strauss-Kahn will leave jail on bail on Friday and be placed under round-the-clock house arrest after being indicted for the alleged attempted rape of a New York hotel maid last Saturday. He denies the charges and has vowed to prove his innocence.

Whistle-blowing website WikiLeaks has released nearly 400,000 secret American documents on Iraq war, calling it the "largest classified military leak in history", despite Pentagon's warning that it co