Apple reports record-breaking $13.06bn profits for the three months to 31 December 2011, up 118% from the same period last year.

A US marine should face no time in detention for his part in the killing of 24 unarmed Iraqi civilians in 2005, a judge has recommended.

US President Barack Obama is expected to attack income inequality and set the tone for his re-election bid in his third state of the union speech.

A New Zealand court denies bail to the founder of file-sharing website Megaupload, sought by the US for internet piracy, saying he poses a flight risk.

Texas financier Allen Stanford pleads not guilty to 14 counts of fraud and money laundering on the first day of his trial in Houston, Texas.

A man accused of allegedly shooting at the White House in November pleads not guilty to attempting to assassinate President Barack Obama.

Japan announces its first annual trade deficit in more than 30 years, a setback for a country known for its exports.

Actors working in the pornographic film industry in Los Angeles will be required to use condoms, under a new law signed by the city mayor.