Stocks stymied without a U.S. debt deal (Reuters)
Reuters - A Canadian consortium would rather woo TMX Group then press forward with its hostile takeover bid, but it says it will do whatever it takes should talks with the Toronto Stock Exchange operator break down.
AFP - Greece heads to another EU summit next week on fresh aid for its debt-wracked economy after evoking -- before pulling back -- the thorny notion of a selective default that could unleash a eurozone storm.
AFP - Three people were killed and 16 wounded when militants blew up one NATO supply oil tanker and opened fire on another in Pakistan's troubled northwest, police and officials said.
Posted: 16 Jul 2011 04:46 AM PDT
Reuters - Stocks will be hard pressed to turn the tide of recent selling next week as political jousting over raising the United States' debt ceiling intensifies.
Posted: 16 Jul 2011 10:09 AM PDT
Reuters - Greece's Prime Minister George Papandreou ruled out bankruptcy for his debt-choked country and said it was time for Europe to wake up and take brave decisions, according to a newspaper interview to be published on Sunday.
Posted: 16 Jul 2011 11:55 AM PDT
Reuters - Allowing the EFSF bailout mechanism to buy back bonds from the secondary market would help deal with Europe's debt crisis, European Central Bank Executive Board member Lorenzo Bini Smaghi told a Greek newspaper.
Posted: 16 Jul 2011 05:48 PM PDT
Reuters - "We are sorry," Rupert Murdoch said in British newspapers on Saturday, as he tried to quell the uproar over a phone-hacking scandal that has claimed his top two newspaper executives and put pressure on police and politicians.
Posted: 14 Jul 2011 01:53 PM PDT
Reuters - A Canadian consortium would rather woo TMX Group then press forward with its hostile takeover bid, but it says it will do whatever it takes should talks with the Toronto Stock Exchange operator break down.Posted: 15 Jul 2011 12:26 PM PDT
AP - In a slow economy, small business owners know what to do: adapt.
Posted: 16 Jul 2011 10:09 AM PDT
AFP - Greece heads to another EU summit next week on fresh aid for its debt-wracked economy after evoking -- before pulling back -- the thorny notion of a selective default that could unleash a eurozone storm.Posted: 16 Jul 2011 01:22 PM PDT
AFP - Three people were killed and 16 wounded when militants blew up one NATO supply oil tanker and opened fire on another in Pakistan's troubled northwest, police and officials said.Posted: 16 Jul 2011 10:39 AM PDT
ContributorNetwork - The debt ceiling talks have taken center stage in Washington politics. As tempers flare at the negotiating table and people are taking more interest in the ongoing battle over budgetary expenditures and national debt, it would appear that Americans are wont to see their government try a more balanced approach to solving the deficit problems -- as opposed to the Republican position of simply slashing spending from current and future budgets. According to a recent Gallup poll, most Americans are agreeable to increasing taxes, albeit in a limited way (for the most part), but overwhelmingly support spending cuts.
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