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 […]

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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 […]

iPhone sales catapult Apple to record results; profits soar

The iPhone is taking over Apple.
For the first time, the device that changed how people use mobile phones accounts for more than half of the […]

Europe

The European Financial Stability Facility, the euro area

EU Iran Oil Embargo Over Nuclear Work Said Likely to Be Delayed Six Months - Bloomberg

A European Union embargo on imports of Iranian (OPCRIRAN) oil will probably be delayed for six months to let countries such as Greece, Italy and […]

China Trade Triggers $115 Billion Australia Ports, Railway Boom: Freight - Bloomberg

Australia is set for an A$112 billion ($115 billion) infrastructure boom as the nation adds ports and railways to feed China and India

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 […]

Australian Manufacturing Shows First Expansion Since June on Basic Metals - Bloomberg

Australian manufacturing (AIGPMI) expanded for the first time in six months in December, driven by gains in basic metals, transport and publishing, a private survey […]

Chesterfield company admits falsified drug testing

ST. LOUIS • Patient No. 28665 was helping a Chesterfield company test a drug dubbed the “female Viagra” but stopped showing up for exams in […]