Pending home sales hit record low

Pending sales of existing U.S. homes dropped to a seven-year low in November, data showed on Tuesday.

Texas stuns Ohio State with 16 seconds left

Colt McCoy hit Quan Cosby for a 26-yard touchdown with 16 seconds to play, lifting third-ranked Texas to a 24-21 Fiesta Bowl victory over No. 10 Ohio State on Monday night.

U.N.: 30 die in strike near Gaza school

Red Cross warns 500,000 civilians in danger; Israel rejects calls for truce.

War tactics used against Rio gangs
Police are using counterinsurgency tactics in battle against gangs in Brazil's favelas, or slums.

Burris rejected in bid for Senate seat

Roland Burris failed in his bid to take President-elect Barack Obama's Illinois Senate seat on Tuesday in a scripted piece of political theater staged just before the opening of the 111th Congress.

Indian airline fires 9 overweight crew members
Nine flight attendants who couldn't meet the weight standards of India's national airlines have been fired, an official said Tuesday.

Europe hit with natural gas shortage

The Russia-Ukraine natural gas dispute hit Europe with the force of a winter storm Tuesday, cutting or limiting supplies to nearly a dozen nations.

Congress, Obama gird to fight slump

The House and Senate have convened for a new Congress that will immediately confront the country's struggling economy.

Gladiators to ‘fight' again at Rome's Colosseum

Gladiators are to return to Rome's most famous fight arena almost 2,000 years after their bloody sport last entertained Roman crowds, local authorities announced.

Phillies reliever suspended 50 games for drug

Phillies reliever J.C. Romero and Yankees minor league pitcher Sergio Mitre were suspended for the first 50 games of next season after testing positive for a banned substance.