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Democratic presidential nominee Barack Obama has picked up the endorsement of former Secretary of State Colin Powell. The former Bush administration official broke with the Republican party Sunday. Obama told a rally in Fayetteville, N.C., that he was honored to have Powell's support.

A new Justice Department report says that politics illegally influenced the hiring of career prosecutors and immigration judges. The 140-page report issued Monday largely lays the blame on top aides to former Attorney General Alberto Gonzales.

Steve Loden, partner at the law firm of Diamond McCarthy who focuses on bankruptcy litigation, talks about how the Chrysler bankruptcy might work.

Faced with the prospect of reshaping college athletics, the U.S. Supreme Court issued potentially transformative ruling Monday in a case that pitted college athletes against the NCAA.

Somaliland, a country that lacks official recognition, has a huge annual book fair. The emphasis on literature isn't just about culture. It's about identity and the economy, too.

The defense chiefs from the U.S. and China are headlining an international defense summit in Singapore, but it appears they will not directly meet with each other.

The federal government sued Amazon this week saying it's abusing its monopoly power. One key allegation is Amazon puts the squeeze on sellers.

The United Nations has appointed a new envoy to continue the investigation into the assassination of former Lebanese Prime Minister Rafiq al-Hariri last February. The initial report last fall implicated top Lebanese and Syrian security officials in Hariri's killing.

A Chinese coast guard ship and one of its militia vessels separately bumped a Philippine coast guard ship and a military-run supply boat Sunday off a disputed shoal, Philippine officials said.

One business that flourishes in Pakistan these days is the generator business. Pakistan's chronic power outages are worsening amid stifling summer heat. Incoming Prime Minister Nawaz Sharif says he has a plan but many are skeptical.