A JetBlue flight from New York to Las Vegas was diverted to Amarillo, Texas, on Tuesday after the captain "exhibited erratic behavior" and was locked out of the cockpit, authorities said. The plane's co-pilot, concerned by the behavior, locked the door behind the captain when he left the cockpit during the flight, according to the Federal Aviation Administration. Passengers described to CNN what happened next.
New Orleans Saints head coach Sean Payton said Tuesday he is disappointed in himself and feels regret over a scandal that has left him suspended for the entire 2012 season.
The United States men's Olympic soccer team had its hopes dashed Monday night after a dramatic late goal killed their chances of going to London.
Rising gas prices are likely to curb summer travel plans for both vacationers and business travelers, according to a trade group's survey.
On Sunday, the United States gets a distinction no nation wants -- the world's highest corporate tax rate. Japan, which currently has the highest rate in the world -- a 39.8% rate on business income between national and local taxes -- cuts its rate to 36.8% as of April 1. The U.S. rate stands at 39.2% when both federal and state rates are included.
Why is tax reform so difficult.
President Obama's chief economic adviser continued to defend the strength of the latest jobs data on Tuesday, even though other economists have suggested that the economy is still in a slow recovery despite job gains.
The bailouts of Bear Stearns and AIG were "distasteful" but still necessary, Federal Reserve Chairman Ben Bernanke told students at George Washington University on Tuesday. Meanwhile, the Fed was "helpless" when it came to saving Lehman Brothers, he said.
Don't tell school districts that the economy is picking up. Many are still too busy figuring out how they are going to teach their students with diminished resources.
Congress is looking this week at ways to save the struggling U.S. Postal Service.
Postmaster General Patrick Donahoe said Tuesday that incentives will be offered to woo some of the 150,000 eligible employees to retire. Mass retirement is key to U.S. Postal Service plans to stem its financial bleeding. As the service moves forward on plans to close 223 postal plants, which could mean the loss of 35,000 jobs, it hopes to ease the pain with retirement packages to those who qualify.
The housing market started off the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.