Economy

Greek government back in talks to end TV crisis
Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state ...
UK banking commission urges better standards
British bankers could soon be facing harsher penalties for behaving badly. After a year which has seen major scandals involving rate-rigging, ...
Bribery trial of former Finmeccanica CEO opens
The former head of Italian aerospace and defense giant Finmeccanica, accused by prosecutors of making bribery part of the company culture, went on ...
United 787 heading to Tokyo diverted to Seattle
A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said. An airline ...
IMF calls for urgent steps on Spain unemployment
The International Monetary Fund says recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to ...
Currency factors weigh on retailer H&M's Q2 profit
Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and ...
Japan's trade deficit climbs to $10.5B in May
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe ...
Dish won't submit revised bid for Sprint
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to ...
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and ...
Cape Wind gets $200M investment from Danish fund
The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday ...
Icahn changes tack, seeks $16B Dell stock buyback
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort ...
Google asks FISA court to lift gag order
Google on Tuesday sharply challenged the federal government's gag order on its Internet surveillance program, citing what it described as a First ...
Waiting for word from Bernanke, stocks move higher
It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal ...
Greece's public TV still off despite court ruling
State TV channels in Greece remained off-air Tuesday as the political storm over the future of public broadcaster ERT raged on, despite a court ruling ...
Sprint sues to stop Dish Clearwire buyout
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the ...
Fighters in Nigeria attack school, kill 9 pupils
Suspected Islamic militants have opened fire on students taking exams at a school in the country's troubled northeast, killing at least nine pupils ...
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal ...
Duke Energy names insider to take over for Rogers
Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO. Rogers, 65, ...
Hewlett-Packard puts Bradley in strategy role
Todd Bradley, the head of Hewlett-Packard Co.'s printing and personal computer business, has been appointed to a new position in charge of the ...
US consumer prices rise just 0.1 pct. in May
U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that ...
Zimbabwe 'Cattle Bank' takes deposits that moo
William Mukurazita's deposit at the bank has four legs and moos. Zimbabwe's first "Cattle Bank" has just opened its books in a unique kind of banking ...
US video game retail sales fall 25 percent in May
U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer ...
easyJet to buy 135 single-aisle Airbus A320s
Budget carrier easyJet agreed Tuesday to purchase 135 single-aisle Airbus jets that will allow the European airline to pack in more passengers than ...