Cities around the world have welcomed in the new year.
At the stroke of midnight, a giant, shimmering ball with 2,688 crystals was dropped in New York City's Times Square.
Las Vegas held one its biggest ever New Year's Eve celebrations, with sold-out concerts and an eight-minute long fireworks show.
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London authorities say five people were seriously hurt and about 40 are ``walking wounded'' after a theater partially collapsed during a packed performance of a show during the height of the Christmas season.
The London fire department says all casualties who were trapped in the Apollo Theatre have been freed...
JPMorgan Chase & Co. is paying $920 million in penalties and admitting wrongdoing over a $6 billion trading loss last year that tarnished the bank's reputation.
Regulators say that weak oversight at the largest U.S. bank enabled traders in its London operation to assign inflated values to trades and cover up losses as they ballooned. Th...