Business
Spain's lender Bankia says it won't need more aid
The president of Bankia tried Saturday to calm fears about the future of the bank, saying Spain's second largest mortgage lender will emerge as a solid financial entity after it receives (EURO)23.5 billion ($29.5 billion) in state aid in the country...
Business
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BUSINESS
Austrian finance minister: No to eurobonds
Austria's finance minister is rejecting the idea of introducing jointly issued eurobonds any time soon and says that running up new debts to finance growth is "nonsense."
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BUSINESS
Embittered Facebook investors ponder next move
To say that Facebook's debut as a public company was bungled is something like saying Facebook is a website you might have heard of.
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BUSINESS
For something so simple, pasta is serious business
They twirled, they sniffed, they slurped, they chewed.
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BUSINESS
IMF chief Lagarde: Little sympathy for Greece
The managing director of the International Monetary Fund says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures.
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BUSINESS
Barbara Graves, wife of prominent publisher, dies
Barbara Kydd Graves, the wife of the publisher of Black Enterprise Magazine who aided in the growth of the publication and media company, died Friday.
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BUSINESS
Greek euro exit would be a recipe for hardship
As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming increasingly likely. The effects of such a move would be as quick as they would be brutal for ordinary Greeks, who would essentially take a 50-percent pay cut just as ...
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BUSINESS
Why that flat Facebook IPO isn't so bad after all
The botched offering of Facebook stock has raised several troubling questions, but at least we don't have to worry about the one that plagues many IPOs: How are a few select investors able to buy in early at lower prices and then pocket huge profits when the trading frenzy begins?
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BUSINESS
Icahn spends $785M on Chesapeake Energy stake
Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of company's directors to be replaced.
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BUSINESS
Yahoo kills 'Livestand' just 6 months after debut
Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.
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BUSINESS
US consumer confidence highest in 4 1/2 years
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
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