The latest news on business
CHICAGO (AP) — With global anxiety rising, President Barack Obama is searching for bolder, swifter signals from Europe that it will contain its financial mess and keep it from torpedoing the U.S. economy and his re-election chances along with it.
WASHINGTON (AP) — Some are already anticipating the Supreme Court's ruling on President Barack Obama's health care law as the "decision of the century." But the justices are unlikely to have the last word on America's tangled efforts to address health care woes. The problems of high medical costs, widespread waste, and tens of millions of people without insurance will require Congress and the president to keep looking for answers, whether or not the Affordable Care Act passes the test of constitutionality.
ROME (AP) — Tens of thousands of Italian workers rallied in Rome on Saturday to protest pension cuts, tax hikes and labor reforms imposed by the government of Mario Monti and to demand more stable work, particularly for the young.
NEW YORK (AP) — The unthinkable suddenly looks possible.
ATHENS, Greece (AP) — Elections are supposed to determine the will of the people, to set a nation on a new course with a government that enjoys the mandate of the majority. In splintered Greece, the vote on Sunday is shaping up as a challenge to this time-honored rule of democracy.
ACAPULCO, Mexico (AP) — A weakening Hurricane Carlotta pushed northward toward the resort city of Acapulco on Saturday after making landfall near the Mexican beach town of Puerto Escondido, where it toppled trees and shook tourist hotels.
TOKYO (AP) — Japan's government on Saturday approved bringing the country's first nuclear reactors back online since last year's earthquake and tsunami led to a nationwide shutdown, going against wider public opinion that is opposed to nuclear power after Fukushima.
LOS ANGELES (AP) — An associate at a lobbying firm tapped to bring a Walmart store to downtown Los Angeles has left the firm after she posed as a reporter at a news conference held by a labor group that opposed the big-box store.
WASHINGTON (AP) — Federal regulators have seized 3 banks, one each in Florida, Georgia and Tennessee, bringing to 31 the number of U.S. banks that have failed so far this year.
NEW YORK (AP) — There's a form of extra-sensory perception called psychometry, whose practitioners claim to learn things about objects by touching them. Smartphones set to be released this month by Samsung and Sony will have some of that ability: they'll learn things when you touch them to pre-programmed "tags."