An idea percolating in the Congress, aimed at helping avoid the "fiscal cliff," would scrap the steep across-the-board spending cuts of $109 billion set to start on January 2 and replace them with more targeted savings of about $55 billion, according to aides familiar with the discussions.
Results of a Gallup Poll released Wednesday show the former governor of Massachusetts Mitt Romney has a six point lead on President Barrack Obama.
Apple lost its appeal in a patent infringement case against Samsung, in which the British court ruled in favor of the South Korean company.On Thursday, the British High Court said it agreed with a lower court decision that Samsung's Galaxy tablet did not violate Apple's patent design for its iPad.
Authorities say that Quazi Mohammad Rezwanul Ahsan Nafis, who was arrested Wednesday afternoon after the FBI and NYPD caught him trying to detonate a bond at New York City's Federal Reserve Bank, has no known ties to al-Qaida or any other terrorist group.
