A 47-year old man laid off recently from a Silicon Valley company shot dead three people who are believed to be the CEO and Vice President of that company.

Hawaii will switch to digital TV one month before the rest of the country so that the nesting season of an endangered, volcano-dwelling bird won't be disrupted.

Circuit City, a major retailer in brand-name consumer electronics and entertainment software in United States and Canada, has filed for bankruptcy. The move comes one week after saying it would close about 20 per cent of its stores.

The Caribbean island nation of Antigua and Barbuda has decided to rename the highest peak in the country as 'Mount Obama' in honour of the US president-elect.

A recent study has found that the best way to deal with milk allergy in children is to give them more milk. Increasingly higher doses of milk over time would result in stronger defence to the allergens in milk.

Scientists have discovered a prehistoric child's grave where the child is buried with a carved animal figurine which is believed to be the oldest toy ever found in Britain.

A group of cyber thieves broke into the personal bank account of French President Nicolas Sarkozy. Small amounts of money are thought to have been taken from the account.

Soaring inflation and a weakening job market has forced more Britons to shop through barter websites which allows swapping surplus food and drink, personal possessions and skills. Many bartering sites have seen a huge surge in traffic in the recent weeks.

Pakistan is seeking International help as the nation faces a 'balance of payments crisis' with the rupee falling to a record low. Pakistan is left with foreign currency reserves to cover only six weeks of imports.

Millvina Dean, the only remaining survivor of the doomed White Star liner, Titanic is auctioning her personal mementos from the ship to pay for her nursing home fees.

Four executives from Insurance major AIG have spent $86,000 on a hunting trip to England last week, even as the company received $ 122.5 billion as part of a bailout plan.

PepsiCo has announced plans to cut 3,300 jobs globally as part of a cost cutting plan, as its profits fell in the the last quarter.

Iceland's Prime minister has advised his country men to return to their traditional profession of fishing after the country's banking system collapsed last week.

Hundreds of people still remain missing three weeks after Ike's assault on Texas coast. Various agencies are giving estimates ranging from 300 to 400 people missing.

Increasing amount of moral policing by ultra orthodox Jews has sparked fear among Israeli women. In recent weeks, many women were attacked by modesty squads for not following the Jewish dress code.

Hundreds of penguins washed ashore along the beaches of Brazil were airlifted by Brazilian air force to their native territory in South Atlantic ocean.

Pakistani religious leaders have issued a fatwa against President Asif Ali Zardari after his remarks on Sarah Palin. Zardari had praised Palin as ' gorgeous ' when they met last week at the UN.

U.S Senate approved the $700 billion bailout package by a wide margin . 74 senators voted for the bill while 25 voted against.

Fears have grown that entire Europe may slip into a recession with five banks bailed out in the last couple of days by authorities.Many more are expected to fail in the coming days.

Officials in U S Gulf coast are worried that many storm-weary residents of the area may ignore orders to evacuate or stock supplies as the hurricane Ike closes in.