Business

Business

Asia stocks slip as Greek bailout remains in limbo
Asian stock markets dropped Friday after Europe’s finance ministers demanded more spending cuts from Greece before clearing a (euro) 130 billion ($170 billion) bailout to stave off the country’s bankruptcy.

February 10, 2012 1 Photo
Stocks fall at the open as Greek deal is held up
U.S. stocks opened lower Friday after Greece’s bailout deal was put on hold, a day after it seemed that the country had satisfied its creditors.

February 10, 2012
Obama praises Italian leader’s economic efforts
Eager for Europe to contain its economic troubles, President Barack Obama praised Italian Premier Mario Monti on Thursday for his efforts to lead Italy out of its fiscal quagmire.

February 10, 2012
Consortium in South wins federal approval for 2 new nuclear reactors
A consortium of utilities in the South won government approval Thursday to construct two new reactors at an estimated cost of $14 billion, the strongest signal yet that the three-decade hiatus of nuclear plant construction is finally ending.

February 10, 2012
Google’s first employee leaves to join education nonprofit
Google Inc.’s first hired employee, Craig Silverstein, is leaving the tech giant, where he’s worked since its founding, to sign on with the rising education startup Khan Academy.

February 10, 2012
Drawn-out foreclosures leave homeowners in limbo
Almost three years after she last paid the mortgage, Linda Ganguzza remains in her New Milford, N.J., home — one of many troubled homeowners caught in a drawn-out foreclosure process.

February 9, 2012
Stocks close higher after debt deal in Greece
The stock market finally got a deal from Greece, but it didn’t produce much of a rally.

February 9, 2012 1 Photo
Poll: Users reject Facebook Timeline
As Facebook continues to roll out Timeline, its boldest layout change, most users — at least those in the United States — made it clear they are not pleased, a new poll by SodaHead shows.

February 9, 2012
Belden 4Q profit falls, but revenue disappoints
Communications equipment maker Belden Inc. said Thursday that its fourth quarter profit fell 53 percent from a year ago as the company restructured and customers reduced their inventory levels.

February 9, 2012
Beef prices expected to climb for next 2 years
The smallest cattle herd since the 1950s likely will mean higher beef prices at the supermarket for the next two years.

February 9, 2012
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