AOL Time Warner Inc. reported a net loss of $1.8 billion for its fourth quarter Wednesday as the world's largest media company wrote down the value of some of its investments.
To encourage greater electronic tax filing, President Bush wants to give e-filers an extra 10 days to get their returns in and begin designing a system allowing more people to file directly to the IRS via the Internet for free.
Authorities say a 13-year-old in southeast Georgia apparently was shot to death by a younger playmate who picked up a loaded hunting rifle that accidentally discharged.
Boeing Co. says it will partner with Japanese companies to research and develop materials for building its planned high-speed Sonic Cruiser passenger jet.
China said Wednesday that its new invitation to members of Taiwan's ruling party to visit the mainland doesn't extend to the island's president, Chen Shui-bian.
A high school basketball player who head-butted another player is being forced to skip the next game between the teams, and the lawyer for the assailant's school district is crying foul.
South Korea's Hyundai Motor Co. will jointly develop and manufacture electrically powered vehicles with UTC Fuel Cells of the United States, Hyundai officials said Wednesday.
