BERLIN (AP) - German Chancellor Angela Merkel faced sharp attacks Friday over proposals that would increase government spending - pledges critics dismissed as blatant pre-election gifts that contradict her insistence on sound financial management. (S... [Full Article]
NEW YORK (AP) - When an undercover agent posing as a new client sought to register at the currency transfer firm Liberty Reserve as "Joe Bogus" from "123 Fake Main Street" in "Completely Made Up City," no one at the comp... [Full Article]
By William James LONDON (Reuters) - The cost of protecting Scottish savers would prove difficult to bear if the country broke away from the rest of the UK, a study by the Treasury said on Monday. The findings come in the latest paper from the British... [Full Article]
JERUSALEM (AP) - Israel's prime minister is under fire for a costly lifestyle at taxpayers' expense, just as his government is slashing welfare benefits and raising taxes to cope with a huge budget deficit. (Source: Associated Press)... [Full Article]
By Matt Scuffham LONDON (Reuters) - State-backed Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank since its 2008 bailout to around 35,000. Lloyds, 39 percent owned by the Bri... [Full Article]
(Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal reported on M... [Full Article]
FORWARD OPERATING BASE CONNOLLY, Afghanistan (AP) - The Americans could be spotted waiting for the Chinooks in the 2 a.m. darkness only by the shape of their night-vision goggles, as they shared a cigarette with glowing embers in quick drags among th... [Full Article]
By Melanie Lee (Reuters) - Baidu Inc, China's largest search engine, will increase marketing expenditures for the rest of the year to counter competition from rival Qihoo 360 Technology, which may further put the brakes on profit growth. Baidu p... [Full Article]
By John McCrank REUTERS - Nasdaq OMX Group Inc has set aside cash to reimburse firms harmed in Facebook Inc's botched market debut last May, and to possibly settle a regulatory probe into the matter, denting the exchange operator's first qu... [Full Article]
BASEL, Switzerland (AP) - Swiss bank Credit Suisse Group said Wednesday that its cost-cutting efforts helped it record a huge jump in first-quarter profits compared with a year earlier. (Source: Associated Press)... [Full Article]