The photo-sharing service Twitpic announced it was shutting down, saying it faced an ultimatum from Twitter to abandon its trademark.
The 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
The United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.
US federal courts will have to close their doors at the end of next week if no deal is reached to end the government shutdown.
Failure to raise the US borrowing ceiling due to political deadlock could force most of the leading industrial democracies into recession.
Chinese state media hit out at US lawmakers Thursday, a week ahead of a potential US default, urging them to "stop manufacturing crises" that threaten the global economy.
President Barack Obama warned Tuesday that world leaders were nervous Republicans would "blow up" the US economy, and vowed not to budge on his demand for the debt ceiling to be lifted without conditions.
The "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown.
Asia-Pacific leaders opened an annual economic summit on Monday in the shadow of global growth clouds that are darkening by the day as the United States struggles to shake off policy paralysis.
The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
Talks between an exasperated President Barack Obama and top Republicans failed to end a government shutdown, with both sides accusing the other of refusing to negotiate.
The US government shutdown had no drastic effect on the military Tuesday but if it remains in place everything from ship repairs to combat training will be disrupted.
A US government shutdown would hit an economy struggling to sustain its post-crisis rebound, but experts say the impact will only be substantial if Washington's political paralysis lasts several weeks.
The US lurched into a dreaded government shutdown for the first time in 17 years, triggering agency closures and hundreds of thousands of furloughs as Congress missed a deadline to pass a budget.
Lawmakers have one final day to try to prevent the first US government shutdown in 17 years, but a deal appeared remote Monday as congressional leaders showed little intent to compromise.
The largest nuclear power plant in the world may be forced to shut down under tightened rules proposed by Japan's new nuclear watchdog aimed at safeguarding against earthquakes.
South Korea was forced to shut down two nuclear reactors Monday to replace components provided with fake quality certificates.
Three US nuclear power reactors remained shut down and a fourth on alert Tuesday after Hurricane Sandy wreaked havoc with transmission networks and high waters threatened cooling systems.
Two South Korean 1,000-megawatt nuclear reactors were shut down Tuesday at separate plants, both as a result of unrelated systems malfunctions.
Japan on Friday was set to decide on a post-Fukushima energy policy that will see it abandon nuclear power within the next three decades.
- White House
- United States
- Asia Pacific
- World leaders
- Barack Obama
- European Union
- South Korea