EU: Members must share more military resources

European Union nations must increasingly pool their military resources, especially as individual members keep trimming their budgets and the U.S reshapes its military strategy to […]

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Davos Tells Euro Leaders to Fix Crisis for Good After Two Years of Failure - Bloomberg

European leaders were told by policy makers, bankers and academics from around the world that it

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Fed

U.S. monetary stimulus, blamed in 2010 for spurring speculative capital flows to emerging markets, may find less opposition this time round in Asia as the […]

Amgen 4Q profit down 9 pct., but sales up 3 pct

Amgen Inc. said Thursday that its fourth-quarter profit fell 8.5 percent as its expenses for taxes and for producing and selling drugs rose faster than […]

Turning foreclosures into rentals

Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties.
The program, which was cited by Federal […]

It doesn’t pay to be sentimental

Stocks and mutual funds are investments, not friends.
They have nothing to do with a dearly departed relative who willed them to you.
They harbor no warm […]

PNC buys Royal Bank of Canada US banks for $3.45B

PNC Financial Services Group Inc. said Monday that it is buying the U.S. retail operations of Royal Bank of Canada for $3.45 billion.
PNC said that […]

Wash U students get glimpse of European fashion market

Not just anyone can get a tour of Coco Chanel’s Paris apartment above her boutique at 31 Rue Cambon.
That was the case when Chanel was […]

Swiss Bond Sales Boom as Banks Diversify Amid Dollar Plunge: India Credit - Bloomberg

After a 24-year hiatus, Indian companies are poised to raise almost $1 billion of Swiss franc- denominated bonds, about a quarter of total overseas borrowing […]

Police search for bodies around Japan nuke plant

Hundreds of police hunted Thursday for up to 1,000 bodies believed buried in rubble near Japan’s tsunami-flooded nuclear plant, searching for the first time within […]