The Supreme Court has refused to take up a Boston University student's constitutional challenge to a $675,000 penalty for illegally downloading 30 songs and sharing them on the Internet.

The chairman of the Nuclear Regulatory Commission said Monday he is resigning amid accusations by fellow commissioners that he acted like a bully.

NEW YORK (Reuters) - Stocks rose on Monday after their worst weekly decline for the year with signs investors were quickly exiting newly floated shares of Facebook following its broken IPO and redeploying capital elsewhere in the market. Facebook Inc's shares fell below their $38 issue price as support from underwriters of the initial public offering dissipated after its Friday debut. The stock dropped over $5 to hit a session low of $33.00 in early trading, last trading down 11.8 percent at $33.71. That contrasted with a sizeable rally in shares of Apple, which rose 2.8 percent to $545.14. ...

U.S. stocks are rising, shaking off their worst weekly performance since November, as investors latched on to a relatively optimistic report from economists.

(Reuters) - Facebook shares sank on Monday in the first day of trading without the full support of the company's underwriters, leaving some investors down 25 percent from where they were Friday afternoon. Facebook's debut was beset by problems, so much so that Nasdaq said on Monday it was changing its IPO procedures. That may comfort companies considering a listing but does little for Facebook, whose lead underwriter Morgan Stanley had to step in and defend the $38 offering price on the open market. Without that same level of defense, its shares fell $4.50 to $33. ...

WASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday he would resign, following a year of intense criticism over his abrasive management tactics. Jaczko, 41, was a polarizing figure who oversaw the nuclear safety agency as it crafted expensive new rules in the wake of the 2011 earthquake and tsunami that devastated Japan's Fukushima Daiichi nuclear complex. ...

VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held extensive and useful talks in Iran on Monday and expects them to have a positive impact on a six-power meeting with Tehran later this week, Iranian media said, but there was no sign of a breakthrough deal. International Atomic Energy Agency chief Yukiya Amano paid a rare visit to Tehran after voicing hope for Iranian agreement to cooperate with an IAEA investigation into suspected atomic bomb research - a possible gesture from Tehran to try to get international sanctions relaxed and deflect threats of war. ...

Jury selection began Monday at the insider trading trial of a former Goldman Sachs board member after prosecutors told a judge they expect to call a current Goldman board member as one of their first witnesses.

CHICAGO (Reuters) - NATO leaders sealed a landmark agreement on Monday to hand control of Afghanistan over to its own security forces by the middle of next year, putting the Western alliance on an "irreversible" path out of an unpopular, decade-long war. A NATO summit in Chicago formally endorsed a U.S.-backed strategy that calls for a gradual exit of foreign combat troops by the end of 2014 but left major questions unanswered about how to prevent a slide into chaos and a Taliban resurgence after the allies are gone. ...

Campbell Soup Co. is still struggling to heat up its lukewarm soup sales, with net income slipping by 5 percent in the latest quarter even as the company spent more on marketing.

SANAA (Reuters) - A suicide bomber with explosives strapped under his uniform killed more than 90 people at a military parade rehearsal in the Yemeni capital Sanaa on Monday, an attack which will alarm Washington as its involvement in the front-line state deepens. The bombing also wounded about 200 people, officials said, making it the bloodiest single incident in the city in recent years. Yemen's defense minister and chief of staff were both present at the rehearsal for Tuesday's National Day parade but neither was hurt. ...

SANAA (Reuters) - A suicide bomber with explosives strapped under his uniform killed more than 90 people at a military parade rehearsal in the Yemeni capital Sanaa on Monday, an attack which will alarm Washington as its involvement in the front-line state deepens. The bombing also wounded about 200 people, officials said, making it the bloodiest single incident in the city in recent years. Yemen's defense minister and chief of staff were both present at the rehearsal for Tuesday's National Day parade but neither was hurt. ...

President Barack Obama and NATO leaders expressed confidence in Afghanistan's ability to take the lead for its own security next year, as nations with a stake in the deeply unpopular war huddled Monday for talks aimed at paving the way for its end.

(Reuters) - A judge denied a motion on Monday to delay the start of the child sex-abuse trial of former Penn State University assistant football coach Jerry Sandusky, according to court papers. As a result of the ruling from Judge John Cleland, of the Court of Common Pleas for Centre County, Pennsylvania, Sandusky's trial will get underway on June 5. Cleland's decision was issued in a one-page ruling posted to the court's website Monday morning. Sandusky's lawyer had sought a delay to allow more time to review evidence in the case. ...

NEW YORK (Reuters) - JPMorgan Chase & Co has suspended repurchases of its stock while it tries to get out of money-losing derivatives trades that have cost it at least $2 billion, Chief Executive Jamie Dimon said on Monday. He said the bank would maintain its dividend. It is the first time Dimon has said the bank will change how it manages its capital in the wake of what he has called "egregious mistakes" in the derivatives trades. ...

NEW YORK (Reuters) - JPMorgan Chase & Co has suspended repurchases of its stock while it tries to get out of money-losing derivatives trades that have cost it at least $2 billion, Chief Executive Jamie Dimon said on Monday. He said the bank would maintain its dividend. It is the first time Dimon has said the bank will change how it manages its capital in the wake of what he has called "egregious mistakes" in the derivatives trades. ...

ALBIREH, Lebanon (Reuters) - Hundreds of Islamist gunmen fired in the air on Monday as they laid to rest a Sunni Muslim cleric whose killing ignited street battles that brought the bloodshed of Syria's uprising across the border into Lebanon. Sheikh Ahmed Abdul Wahid, an opponent of Syrian President Bashar al-Assad, was shot dead a day earlier at a Lebanese army checkpoint in a part of Lebanon where Sunni sentiment is with Syria's rebels. ...

ALBIREH, Lebanon (Reuters) - Hundreds of Islamist gunmen fired in the air on Monday as they laid to rest a Sunni Muslim cleric whose killing ignited street battles that brought the bloodshed of Syria's uprising across the border into Lebanon. Sheikh Ahmed Abdul Wahid, an opponent of Syrian President Bashar al-Assad, was shot dead a day earlier at a Lebanese army checkpoint in a part of Lebanon where Sunni sentiment is with Syria's rebels. ...

WASHINGTON (Reuters) - Gregory Jaczko, the chairman of the U.S. Nuclear Regulatory Commission, announced on Monday he would resign from the post after a year of intense criticism of his management tactics. "After an incredibly productive three years as Chairman, I have decided this is the appropriate time to continue my efforts to ensure public safety in a different forum," Jaczko said in a statement. (Reporting by Roberta Rampton)

WASHINGTON (Reuters) - Gregory Jaczko, the chairman of the U.S. Nuclear Regulatory Commission, announced on Monday he would resign from the post after a year of intense criticism of his management tactics. "After an incredibly productive three years as Chairman, I have decided this is the appropriate time to continue my efforts to ensure public safety in a different forum," Jaczko said in a statement. (Reporting by Roberta Rampton)

Three climbers died and two others were missing while descending from the summit of Mount Everest — a toll that raised concerns about overcrowding in the "death zone" at the top of the world's tallest peak.

TRIPOLI (Reuters) - - The Libyan convicted of the 1988 bombing of a PanAm flight over Lockerbie was buried on Monday in a quiet family ceremony, ignored by most Libyans keen to forget the international controversy that surrounded Abdel Basset al-Megrahi in life. Megrahi, who always said he was not responsible for bringing down the jumbo jet on the Scottish town and killing 270 people, died in his bed in Tripoli on Sunday surrounded by family. His release from jail in 2009 caused controversy in Britain and the United States, where most victims were from. ...

CAIRO (Reuters) - The Arab League called on Tehran on Monday to halt what it described as a media campaign against Bahrain over a proposal for political and military union between Gulf Arab states. Saudi Arabia has been pushing the idea of closer Gulf integration to contain Shi'ite Muslim unrest in Bahrain and counter the influence of regional Shi'ite power Iran. Riyadh's initial goal appears to be a merger with Bahrain, where majority Shi'ites have been staging pro-democracy demonstrations targeting the Sunni Muslim ruling family for over a year. ...