A little extra inflation would backfire: Volcker

The U.S. economy is recovering “pretty well” and trying to juice it up by allowing a little extra inflation would be disastrous, Paul Volcker, […]

Greece Readies Record Debt Swap - Bloomberg

Greece moved closer to sealing the biggest sovereign restructuring in history as investors indicated they

Asian Job Growth Withstanding Europe Seen Limiting Policy Easing: Economy - Bloomberg

Asia

Bernanke says recovery slow but small banks climbing back

The weak economic recovery has made it harder for banks to make money from loans but the financial conditions of smaller institutions appear to […]

Australia, aiming for surplus, hikes taxes on rich

Australian lawmakers on Wednesday narrowly approved tax hikes for the wealthy that will help the government meet its pledge to deliver a budget surplus next […]

Greek debt not sustainable with 70 percent haircut: S&P

Greece will likely not achieve sustainable debt levels with a 70 percent reduction in the value of bonds held by its private creditors, Standard […]

Fed should raise rates in 2013, Bullard says

The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near […]

Poland halts copyright law after mass protests

Poland’s prime minister says he is suspending the ratification process for an international copyright treaty after widespread protests and attacks on government websites.
Donald Tusk said […]

US Steel 4Q loss narrows, revenue rises 12 pct

U.S. Steel says its fourth-quarter loss narrowed, as strong demand for its pipes from the oil industry boosted its sales.
The Pittsburgh-based steel company also says […]

Solutia and Eastman: corporate snapshots

Solutia Inc.
Headquarters • Town and Country
CEO • Jeffry Quinn
Products • Laminated architectural and automotive glass; performance films for cars and buildings; chemicals for rubber and […]