With a federal court scheduled to take up the AT&T-filed lawsuit against a Verizon commercial showing 3G coverage maps of the two carriers on Wednesday, Verizon Monday filed a rebuttal in a Georgia district court, in response to the AT&T claims.

Regulators closed on Friday three banks in Florida, one in Georgia, one in Wisconsin, one in Minnesota and one in Illinois, pushing the tally to 106 this year, the highest since 1992.

Partners Bank in Naples, with its $68.7 million in assets plus $63.4 million in deposits, was taken over by the FDIC.

With Georgia and Mississippi states having completed their 'sales tax holiday' last weekend, at least 13 other US states have geared up for the characteristic 'windfall' of the tax-free back-to-school items - ranging from clothing and shoes to school supplies and computers.

According to a Thursday report by the Georgia Department of Labor, there has been a near 95 percent year-on-year increase in the first time claims for unemployment insurance in June - with as many as 88,756 laid-off workers filing for the benefits.

Thanks to fewer charges resulting from strict outflow management, the world's biggest home-improvement retailer Home Depot Inc's (HD) has posted a 44.4 percent first-quarter net income growth, thereby surpassing the analysts' estimates.

Citing weakening industry demand and fuel hedge losses, Delta Air Lines has reported a $794 million first quarter loss. While the loss falls below the earlier year figures of a $6.39 billion loss, the year-on-year comparison cannot be taken in an exacting sense, since Delta took over Northwest Airlines in October for $2.8 billion last year.

Geneva - Advocacy group Human Rights Watch called on Russia and Georgia, who both employed cluster bombs in their conflict last summer, to end the use of the controversial weapon, in a new report released in Geneva Tuesday. The report showed that 18 civilian towns were affected by cluster munitions during the conflict last August, in violation of international law.

Augusta, Georgia - When Tiger Woods sunk a 4.6-metre putt on the 18th hole of the Arnold Palmer Invitational to beat Sean O'Hair to the title March 29 it was like a friendly warning: The Tiger is back.

The U. S. Food and Drug Administration on Tuesday issued safety guidelines for companies using peanut products and said illnesses are still being reported among people who ate recalled brands of peanut butter crackers.

A proposed legislation in Missouri and Georgia which is intended to spare taxpayers from being forced to pay for women who had more children than they could afford has been proposed.