Senate OKs payroll tax cut, huge spending bill

The Senate voted Saturday to temporarily avert a Jan. 1 payroll tax increase and benefit cutoff for the long-time unemployed, but forcing a reluctant President […]

Amgen says CEO Kevin Sharer will retire in 2012

Amgen Inc., the world’s largest biotech drugmaker, says Chairman and CEO Kevin Sharer will retire in 2012 and will be replaced by President and Chief […]

Greece: Govt will cut spending but no new taxes

Greece will cut spending further but it won’t impose new taxes, its finance minister said Monday, adding that talks with international debt inspectors on a […]

Trade deficit shrinks for fourth straight month

The U.S. trade deficit narrowed in October to its lowest point of the year as Americans bought fewer foreign cars and imported less oil. Exports […]

Cutting deficits harder than just talking about it

The coming year-end spending spree after so much debate over budget deficits shows just how hard it is to stem the government’s flow of red […]

Clinton meets Thai flood victims

U.S. Secretary of State Hillary Rodham Clinton has met with Thai flood victims at an evacuation center after announcing a $10 million aid package.
Hillary spent […]

September trade deficit narrows to $43.1 billion

The U.S. trade deficit fell in September to the lowest point this year as foreign sales of American-made autos, airplanes and heavy machinery pushed exports […]

GOP makes new offer on taxes, Medicare cuts

With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion […]

Opposition snubs Greek PM

ATHENS

TSX set to open higher as investors await details of Greek referendum

BANGKOK