Obama: Failure to reduce debt will hurt economy

President Barack Obama on Tuesday promoted his plan to scale back spending without halting aid to education, energy and science, acknowledging to a town hall […]

Japan auto sales plunge after tsunami

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Video game makers win sales battle

The video game industry came out swinging … and won.
Video game publishers have been highly critical about how their sales are being tracked, saying […]

United scraps expansion plans because of oil

United Continental Holdings Inc. is scrapping plans to add flights this year, and says it will drop unprofitable routes because of rising fuel prices.
The announcement […]

A cautionary tale from Goldman Sachs

Insider-trading allegations against a former Goldman Sachs Group Inc. director serve as a cautionary tale for public corporations and their boards.
In particular, the episode raises […]

U.K. Retail Sales Rise at Fastest Pace in 10 Months on Post-Snow Rebound - Bloomberg

U.K. retail sales rose at the fastest pace in 10 months in January as consumer spending rebounded after the coldest December in a century, the […]

EPA rejects permit for U.S. Steel’s Granite City Works

The Environmental Protection Agency has rejected parts of an air permit issued by Illinois regulators for U.S. Steel Corp.’s Granite City Works and sent the […]

Japan’s jobless rate drops, deflation slows

A batch of economic indicators released in Japan on Friday offered glimpses of both hope and doubt, underscoring ongoing questions about the fate of the […]

World stocks mixed in holiday-thin trading

World stock markets fluctuated in narrow ranges Thursday as fewer investors participated in the market ahead of the New Year holiday while Japan’s Nikkei index […]

French Economy Grew 0.3% in Third Quarter, Less Than Economists Estimated - Bloomberg

France’s economic expansion slowed more than originally estimated in the third quarter as a drop in output overshadowed rising household spending.
Gross domestic product rose […]