Greek Leader To Reject Austerity, Lay Out Hard Leftist Program
By Jeremy Gaunt ATHENS, Feb 8 (Reuters) – New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government’s policies in a speech later on Sunday, firmly rejecting…
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Greece Wants No More Bailout Money With Strings
By Lefteris Papadimas and Jan Strupczewski ATHENS/BRUSSELS, Feb 6 (Reuters) – Greece’s new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on…
Paul Ryan’s First Tax Legislation Adds Nearly $100 Billion To Deficit
WASHINGTON — The first bills promoted by Rep. Paul Ryan (R-Wis.) as the new chairman of the tax-writing Ways and Means Committee would add nearly $100 billion to the deficit…
This Organism Hasn’t Evolved In More Than Two Billion Years
It’s being called the greatest absence of evolution ever reported: sulfur-eating bacteria that live deep in the sea haven’t changed at all in 2.3 billion years, according to a new…
BP Posts Net Loss of $4.4 Billion in Fourth Quarter
With the price of crude oil plummeting, why some countries are faring much better than others. LONDON — BP on Tuesday reported a net loss of $4.4 billion in the…
A giant security gap at U.S. airports? Most workers not screened daily
CNN was given exclusive access to one of those, Miami International Airport, and on a recent afternoon, employees lined up at a checkpoint where they passed through a metal detector…
Lower Oil Prices Strike at Heart of Oil Sands Production
With the price of crude oil plummeting, why some countries are faring much better than others. OTTAWA — For as long as 400-ton dump trucks have been rumbling around the…
What You Need To Know About The Debt Standoff Between Greece And The Eurozone
Greece wants a break from the terms of its eurozone bailout loans, saying they’re suffocating its economy. Germany, the biggest backer of two bailouts worth 240 billion euros (currently $271…
Obama's Budget Seeks $534 Billion for Pentagon
WASHINGTON — President Obama is asking the new Republican Congress for a base defense budget of $534 billion in 2016, the Pentagon said on Monday in its annual budget release,…
President Obama’s 2016 Budget Urges States To Make Deeper Cuts To Power Plant Emissions
WASHINGTON, Feb 2 (Reuters) – President Barack Obama’s fiscal 2016 budget proposes $7.4 billion to fund clean energy technologies and a $4 billion fund to encourage U.S. states to make…
Obama To Propose Taxing Companies To Pay For Public Works Upgrades
President Barack Obama’s budget will propose an ambitious six-year, $478 billion public works program of highway, bridge and transit upgrades, half of it financed with a one-time mandatory tax on…
Greece Seeks To Reassure Europe As Tensions Rise
By James Mackenzie and Renee Maltezou ATHENS, Jan 31 (Reuters) – New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office,…
At least 13 charred beyond recognition in Bangladesh factory fire
A short time earlier, Dhaka police chief Asaduzzaman Mia told reporters about the efforts to find others who were in the five-story building. “The rescuers were still searching for bodies…
New Greek Government Refuses To Extend Bailout Program
By Lefteris Papadimas and Angeliki Koutantou ATHENS, Jan 30 (Reuters) – Greece’s new leftist government opened talks on its bailout with European partners on Friday by flatly refusing to extend…
Facebook Fast Facts
The company also estimates that it has about 890 million daily active users. 71% of Internet users are Facebook users. It is blocked in North Korea and most of China….
Eurozone Inflation Falls to Lowest Level Since 2009
FRANKFURT — Inflation in the eurozone has fallen to its lowest level since 2009, according to official data released on Friday, while unemployment remains in the double digits, reinforcing fears…
How, and Why, Apple Overtook Microsoft
Common Sense By JAMES B. STEWART When Microsoft stock was at a record high in 1999, and its market capitalization was nearly $620 billion, the notion that Apple Computer would…
Obama Budget To Call For $1 Billion For Central America
Vice President Joe Biden says President Barack Obama’s budget will call for $1 billion in aid for Central America. He says that’s three times what the U.S. typically gives the…
Google Revenue Is Higher, but Profit Disappoints Investors
SAN FRANCISCO — Google is still trying to tune its advertising machine for an audience on mobile devices. The company on Thursday reported revenue of $18.1 billion in the fourth…
Is It Time To Kill The K-Cup, Before It Kills Our Planet?
Your Keurig coffee pods have a dirty little secret. Actually, make that a big secret. In 2013, Keurig Green Mountain produced 8.3 billion K-Cups that were brewed on millions of…
Apple Fast Facts
It employs approximately 50,000 people in the United States. Timeline:1971 – Steve Jobs and Steve Wozniak meet through mutual friend Bill Fernandez. April 1, 1976 – Apple Computers, Inc. is…
Hershey just bought a beef jerky company. Chocolate jerky?
Hershey’s shares dropped over 7% Thursday. The company’s fourth quarter sales of $2.01 billion missed analysts’ expectations of $2.06 billion, and earnings came in below forecasts as well. – Chicago…
U.S. Suddenly Goes Quiet on Effort to Bolster Afghan Forces
WASHINGTON — The United States has spent about $65 billion to build Afghanistan’s army and police forces, and until this month the American-led coalition regularly shared details on how the…
Chinese Government Takes Aim at E-Commerce Giant Alibaba Over Fake Goods
China’s main corporate regulator, the State Administration for Industry and Commerce, released a report summarizing its findings of the deficiencies on Alibaba’s sites, including Taobao Marketplace and Tmall.com. In a…
Greek debt crisis: Who has most to lose?
Most Greek debt is held by other eurozone countries. Around 53 billion euros was loaned through bilateral agreements, according to researchers at Open Europe. The Greek government would have to…
Yahoo Could Sell Its Alibaba Shares Without a Big Tax Bill
So what might she offer? Here are a few possibilities: The single biggest goal — one vigorously reinforced by antsy shareholders like the activist hedge fund Starboard Value — is…
Aer Lingus Backs Takeover Bid By British Airways Parent IAG
Aer Lingus announced Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish airline with its trademark shamrock tailfins on course for foreign acquisition nine years…
AT&T to Buy Nextel Mexico for $1.9 Billion
The deal is the second struck in Mexico by the telecommunications giant since November, when the company bought the big wireless service provider Iusacell for $2.5 billion. AT&T has made…
Syriza won, so what’s next for Greece?
3) Restructure debt: Here’s where the battle really begins. Greece’s new guard wants austerity measures such as tax hikes and government spending cuts to be revised. But the country’s international…
Legal Marijuana Is The Fastest-Growing Industry In The U.S.: Report
Legal marijuana is the fastest-growing industry in the United States and if the trend toward legalization spreads to all 50 states, marijuana could become larger than the organic food industry,…