Greece to step up privatization program

The chairman of the group of 17 eurozone finance ministers says Greece agreed to privatize more national assets in an effort to reach the budget […]

Stocks end flat after Fed minutes

U.S. stocks ended little changed Tuesday, as investors weighed hawkish meeting minutes from the Federal Reserve.
The Dow Jones industrial average (INDU) fell 6 […]

Hit the brakes! Drivers hit the gas instead

The number one cause of unintended acceleration isn’t problem cars, it’s problem drivers.
In the case of Toyota vehicles supposedly speeding out of control, scientists […]

Boeing Co. leans toward building 737 replacement

Boeing Co. prefers to develop a new narrow-body jet around 2020 to an upgrade of its 737 model even with Airbus SAS offering new engines […]

Southwest Airlines to revamp loyalty program

Southwest Airlines is revamping its frequent-flier program with changes designed to nudge customers into buying higher-priced tickets by letting them earn bonus flights faster.
Southwest says […]

Visa, MasterCard May Be Damaged by Fed’s Proposal to Slash Debit-Card Fees - Bloomberg

Visa Inc. and MasterCard Inc. may face permanent damage to the fastest-growing part of their business after the Federal Reserve proposed rules that could cut […]

ECB’s Noyer Says Sovereign Default Is More Costly Than Repayment of Debt - Bloomberg

European Central Bank governing council member Christian Noyer said countries pay a higher price for defaulting on debt than by repaying it, reinforcing the ECB […]

Bank kills Kardashian Kard after criticism over high fees

After just three weeks on the market, a controversial Kardashian Kard is being yanked from store shelves after charges that the prepaid debit card was […]

India drained of billions by illicit cash dealings

India has lost hundreds of billions of dollars over the past six decades as companies and the rich stashed cash overseas to avoid taxes and […]

New Zealand Third-Quarter Retail Sales Unexpectedly Rise, Pressuring Rates - Bloomberg

New Zealand retail sales unexpectedly increased in the third quarter, adding to the case for central bank Governor Alan Bollard to resume raising interest rates […]