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TORONTO – Nortel Networks Corp. (NT), one of the world’s largest telecom equipment suppliers, reported steeply lower fourth-quarter earnings on Monday and forecast only “modest” revenue growth for the first quarter. The company, which has been restating several years of results to correct accounting errors, filed the fourth-quarter results after …

WASHINGTON – The capture of a senior Al Qaeda leader in Pakistan (search) this week is a rare coup for “human intelligence,” or old-fashioned spycraft, and may yield details of how the terror network hoped to disrupt last year’s presidential elections. Offering a peek into how the arrest of Abu …

Policymakers at the Federal Reserve (search) noted “a discernable upcreep” in inflation, but didn’t believe they needed to raise short-term interest rates (search) more aggressively to keep prices in check, minutes from their May 3 meeting showed. “Participants voiced concerns about recent price trends,” minutes from the Federal Open Market …