Flights delayed nationwide as glitch in FAA network cascades through air system. For the second time in a little more than a year, a glitch at one of the two centers that handle flight plans for the nation's air travel system set off delays and cancellations for passengers around the country.

OppenheimerFunds settles college savings plan lawsuit with state of Oregon for $20 million. OppenheimerFunds Inc. said Thursday it will pay $20 million to settle a lawsuit the state of Oregon filed over the company's management of its 529 college savings program.

WASHINGTON/PARIS (Reuters) - Senior U.S. Federal Reserve officials said on Thursday inflation is not an immediate threat as a weak economic recovery and a grim outlook for jobs keep price pressures in check.

NEW YORK (Reuters) - Cash-poor New York has extended a severance program that offers its workers $20,000 payments after only 1,089 people were approved in the first round.

Editorial Roundup: Excerpts From Recent Editorials in Newspapers in the US and Abroad. Excerpts from recent editorials in newspapers in the United States and abroad:

NEW YORK (Reuters) - Investors proved to be selective as four U.S.-listed initial public offerings priced either below or at their expected ranges on Thursday evening.

NEW YORK (Reuters) - General Electric <GE.N> and Vivendi <VIV.PA> are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday.

PUBLISHERS WEEKLY BEST-SELLERS. HARDCOVER FICTION

NYC rare stamp auction raises $3.2 million for Smithsonian Nat'l Postal Museum. A New York City gallery has auctioned over 200 rare postage stamps to raise $3.2 million for the Smithsonian National Postal Museum in Washington, D.C.

Obama answers top Cuban dissident blogger, says Cuban gov't must change to improve relations. President Barack Obama has answered questions submitted by a celebrated Cuban blogger, saying he isn't interested in "talking for the sake of talking" with Raul Castro and indicating he won't visit the island until the communist government changes its ways.

Latin American art decorates the Big Apple, breaking down cultural stereotypes. The only art fair in the United States featuring works exclusively from Latin American artists is under way in New York and drawing artists, collectors and museum representatives from around the world to the PINTA art fair.

An Australian pin-up pilot forced to bring an emergency medical flight down in shark-infested waters was Friday hailed a hero for the daring landing from which all aboard escaped unharmed.

(Reuters) - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citing people familiar with the matter.

Increasing numbers of radical Islamic Web sites are spreading al-Qaida's message in English. Increasing numbers of English-language Web sites are spreading al-Qaida's message to Muslims in the West. They translate writings and sermons once largely out of reach of English readers and often feature charismatic clerics like Anwar al-Awlaki, who exchanged dozens of e-mails with the Army psychiatrist accused of the Fort Hood shootings.

Leonardo da Vinci exhibition of futuristic inventions opens in New York's Times Square. An interactive exhibit featuring life-size models of Leonardo da Vinci's 500-year-old inventions and machines is opening in New York City's Times Square.

Top South Korean model found dead at Paris apartment; cause of death under investigation. A top South Korean model who was a fixture at fashion week in Paris and London was found dead at her apartment in Paris, an official said Friday.

Police say a gang in the Peruvian jungle has been killing people and draining fat from the corpses to sell on the black market for use in cosmetics, although medical experts say they doubt a major market for fat exists.

Peruvian police says gang killed people for their fat, allegedly for use in cosmetics. Police say a gang in the Peruvian jungle has been killing people and draining fat from the corpses to sell on the black market for use in cosmetics, although medical experts say they doubt a major market for fat exists.

Giants ace Tim Lincecum vies to improve after winning second straight NL Cy Young award. Tim Lincecum has been so dominant in his first two full major league seasons that even his top bosses don't know how he can get much better.

Promotional posters for a new Bollywood thriller, showing leading actress Kareena Kapoor from behind and apparently naked from the waist up, have got some people's backs up in India.