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Photo service Twitpic to shutter, blames Twitter
Photo service Twitpic to shutter, blames Twitter

The photo-sharing service Twitpic announced it was shutting down, saying it faced an ultimatum from Twitter to abandon its trademark.

Photo service Twitpic to shutter, blames Twitter
US shutdown cost $2.0 billion in lost govt output
US shutdown cost $2.0 billion in lost govt output

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.

US shutdown cost $2.0 billion in lost govt output
Congress pulls US back from brink, averts default
Congress pulls US back from brink, averts default

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.

Congress pulls US back from brink, averts default
Government shutdown to hit US courts next week
Government shutdown to hit US courts next week

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.

Government shutdown to hit US courts next week
US political deadlock threatens world economy: OECD
US political deadlock threatens world economy: OECD

Failure to raise the US borrowing ceiling due to political deadlock could force most of the leading industrial democracies into recession.

US political deadlock threatens world economy: OECD
'Pitiful' US infighting threatens world: Chinese media
'Pitiful' US infighting threatens world: Chinese media

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.

'Pitiful' US infighting threatens world: Chinese media
World fears US default, Obama warns
World fears US default, Obama warns

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.

World fears US default, Obama warns
Default fears fuel angst in shutdown Washington
Default fears fuel angst in shutdown Washington

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.

Default fears fuel angst in shutdown Washington
APEC leaders meet in shadow of US shutdown
APEC leaders meet in shadow of US 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.

APEC leaders meet in shadow of US shutdown
Shutdown forces EU, US to cancel trade deal talks
Shutdown forces EU, US to cancel trade deal talks

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.

Shutdown forces EU, US to cancel trade deal talks
White House talks fail to end government shutdown
White House talks fail to end 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.

White House talks fail to end government shutdown
US military braces for full effect of shutdown
US military braces for full effect of shutdown

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.

US military braces for full effect of shutdown
US economy faces hefty hit if government shuts down
US economy faces hefty hit if government shuts down

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.

US economy faces hefty hit if government shuts down
Deadline missed, US slides into government shutdown
Deadline missed, US slides into government shutdown

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.

Deadline missed, US slides into government shutdown
Do or die as US, Congress face government shutdown
Do or die as US, Congress face government shutdown

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.

Do or die as US, Congress face government shutdown
Photo courtesy of vincotte-ndt.com
World's biggest nuke plant may shut: Japan report

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.

World's biggest nuke plant may shut: Japan report
©REUTERS
S. Korea shuts nuclear reactors, warns of power shortages

South Korea was forced to shut down two nuclear reactors Monday to replace components provided with fake quality certificates.

S. Korea shuts nuclear reactors, warns of power shortages
Hurricane forces three US reactors shut
Hurricane forces three US reactors shut

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.

Hurricane forces three US reactors shut
©REUTERS/Jo Yong hak
Two S. Korea nuclear reactors shut down

Two South Korean 1,000-megawatt nuclear reactors were shut down Tuesday at separate plants, both as a result of unrelated systems malfunctions.

Two S. Korea nuclear reactors shut down
Japan to decide on nuclear-power policy: reports
Japan to decide on nuclear-power policy: reports

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.

Japan to decide on nuclear-power policy: reports

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