Japan, Japan Earthquake | featured news

Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to $235 billion of damage, the World Bank said Monday.

Billionaire investor Warren Buffett said on Monday that Japanese stocks were good investments after the deadly earthquake that hit the world's third-biggest economy last week.

Japan hoped power lines restored to its stricken nuclear plant may help solve the world's worst atomic crisis in 25 years, triggered by an earthquake and tsunami that also left more than 21,000 people dead or missing.

News of the earthquake and tsunami that rocked Japan has been widespread, but donations have lagged way, way behind.

Japan confirmed the presence of radioactive iodine contamination in food products from near a crippled nuclear plant and ordered a halt to their sale, the U.N. nuclear body said on Saturday.

A cold wind blowing at her back, Tayo Kitamura knelt beside her mother's body and pressed her palm against the blue plastic tarp rescue workers had just wrapped the corpse in. She leaned in as if to hug the body, then closed her eyes tightly as tears slid down her cheeks.

A top Japanese official acknowledged Friday that the government was overwhelmed by the scale of last week's twin disasters, slowing its response ...

One day after the earthquake and tsunami, search-and-rescue teams are fanning out in what will be a lengthy and complex endeavor.

Gregory Jaczko, head of the U.S. Nuclear Regulatory Commission, says the crisis is worse than Japanese officials appear to be letting on. 'This is a situation where people may be called in to sacrifice their lives,' he says of the crew working there.

Concerns over the deteriorating condition of Japan's stricken nuclear reactors, and the effect on global economies, sparked the Dow's biggest selloff since August and left the S&P 500 in the red for 2011.