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Treasury announces sales plan for GM stock
The U.S. Treasury Department says it has come up with a plan on how it will sell the remaining 300.1 million shares of stock it owns in General Motors
IMF: Greece recovering, needs more EU cash
Greece has salvaged its economic recovery program following months of political uncertainty but still faces "enormous" challenges and will need new ...
Germany balks at bailing out Cyprus
When it came to helping out Greece, Ireland and Portugal, Germany grudgingly went along with its European partners and backed hundreds of billions in ...
John Galliano invited to return to fashion
John Galliano has been invited by Oscar de la Renta to return to fashion for the first time since the designer's anti-Semitic rant at a Paris cafe was ...
With Olympics in mind, Rio's love hotels clean up
One worker strips mirrored paneling off the ceiling, as another pries up the fiberglass shell of a whirlpool bath. A third man takes a sledgehammer ...
Japan probe suspects excess voltage in 787 battery
The burned insides of a battery in the Boeing 787 at the center of a worldwide grounding of the aircraft indicate it operated at a voltage above its ...
Markets struggle to hold onto gains
Global stock markets struggled to hold onto gains made Friday, when strong Chinese economic figures and signs of a U.S. recovery buoyed investor ...
IMF: Eurozone needs Portugal to stay on track
The International Monetary Fund is warning Portugal against the temptation to relax its contentious austerity drive, saying any backsliding could ...
Items from famed nightclub Studio 54 go to auction
A trove of memorabilia from Studio 54 is going up for bid in an auction that is resurrecting those long-ago nights at the iconic 1970s clubhouse with ...
Jobless rates fall in less than half of US states
Unemployment rates fell in less than half of U.S. states last month, as steady but slow hiring is making only gradual improvement in the job market.
Stocks ease on Wall Street; Capital One plunges
Stocks are slipping in midday trading on Wall Street after a mixed batch of earnings reports from big U.S. companies left investors uninspired.
Armstrong interview spotlights Winfrey's network
Oprah Winfrey's interview with Lance Armstrong is more than an illustration of a hero athlete tumbling from the heights. It's also a pivotal moment ...
Dutchman gets backing to be next Eurogroup chief
The outgoing chairman of the Eurogroup, the regular meetings of the 17 eurozone finance ministers, endorsed Dutch finance minister Jeroen Dijsselbloem ...
NYC, union trade harsh words over plan impasse
The city and its teachers' union can't agree on how to evaluate the educators, an impasse that has put the nation's largest school district at risk ...
Toilet paper donated on behalf of Ohio $1M winner
Charmin is providing some toilet paper relief on behalf of one of Ohio's newest million-dollar lottery winners. Regina Jackson has vivid memories of ...
Police receive 90 tips on Berlin tunnel raid
German police say they have received dozens of tips after releasing images of the 45-meter (150-foot) tunnel dug by robbers into the safe deposit room ...
Mixed open on Wall Street; GE, Morgan Stanley up
Stocks indexes are little changed in early trading on Wall Street as the market closes out a strong week in which the Standard & Poor's 500 index hit ...
60 hostages dead, missing in Algeria standoff
About 60 foreign hostages are still unaccounted for three days into a bloody siege with Islamic militants at a gas plant deep in the Sahara, Algeria's ...
Oil firm to boost exports from Iraqi Kurdish area
Genel Energy PLC, a company led by the former BP chief executive that recently started shipping oil from Iraq's self-rule Kurdish region, said Friday ...
China's growth rebounds but still vulnerable
China's economy is finally rebounding from its deepest slump since the 2008 global crisis but the shaky recovery could be vulnerable to a new downturn ...
Oil falls as traders weigh China data, 2013 demand
The price of oil slipped to near $95 a barrel Friday but remained near four-month highs after new data showed China's economy rebounded in the final ...
Armstrong admits doping: 'I'm a flawed character'
He did it. He finally admitted it. Lance Armstrong doped. He was light on the details and didn't name names. He mused that he might not have been ...
US futures mixed to close week of strong gains
Stock futures are mixed after major indexes surged throughout the week, with the Standard and Poor's 500 repeatedly marking new five-year highs.
Spanish banks' bad loan ratio at record 11.38 pct
Spain's central bank says the level of bad debt in the country's banks rose to a new record 11.38 percent in November, up from 11.23 percent in ...
Fiat and Mazda seal deal to build new roadster
Fiat and Mazda have signed a final agreement to jointly produce convertible two-seater Alfa Romeo and Mazda sports cars. The Italian and Japanese ...