NEW YORK (AP) - The New York Stock Exchange and other U.S. financial markets are shutting down Monday as Hurricane Sandy bears down on the nation's largest city.
The NYSE's parent company said late Sunday that it had decided to close all of its markets the next day. The shutdown might be
By The Associated Press
NEW YORK (AP) - Hurricane Sandy brought air travel to a halt in the Northeast Monday, grounding thousands of flights and upending travel plans across the globe. Planes and passengers are likely to remain stranded Tuesday and it could be a number of days before airport
ATHENS, Greece (AP) - Police have arrested the publisher of a magazine that printed what is it says is a list of more than 2,000 Greek depositors at an HSBC bank in Switzerland.
Costas Vaxevanis, the publisher of Hot Doc magazine, will face a court hearing Monday, charged with the misdemeanor of
JERUSALEM (AP) - Israel's Justice Ministry has indicted the former chairman of a major bank on charges including aggravated fraud and money laundering.
The suspicions against Danny Dankner, who served as chairman of Bank Hapoalim between 2007 and 2009, center on the lender's dealings with
By CALVIN WOODWARD and MITCH WEISSAssociated Press
CHARLOTTE, N.C. (AP) - Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. His Mr. Gutter business was booming in the Pennsylvania Poconos.
Now: "We mainly
BEIJING (AP) - Lawyers have denied a report that Chinese Premier Wen Jiabao's family has amassed $2.7 billion in "hidden riches," a Hong Kong newspaper said Sunday.
The New York Times said in a lengthy article Friday that most of the alleged wealth was accumulated by Wen's relatives after
BERLIN (AP) - Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally feasible.
However, Wolfgang Schaeuble said in an interview with Deutschlandfunk radio broadcast Sunday
By GOSIA WOZNIACKAAssociated Press
FRESNO, Calif. (AP) - Two decades ago, Mi Pueblo Food Center began modestly as a small butcher shop run by an illegal immigrant. Now, the supermarket that caters to the Latino immigrant community has grown into a popular chain of 21 stores in California.
MILWAUKEE (AP) - Auto parts maker Johnson Controls is stepping away from its position as the debtor-in-possession lender during the bankruptcy process for battery maker A123 Systems in order to prevent delays.
The company is avoiding a premature legal tussle with Chinese auto parts maker Wanxiang
BERLIN (AP) - Germany's finance minister says the government will come close to balancing its budget next year as economic growth outpaces public spending.
Germany, Europe's biggest economy, has been working toward a target of fully balancing its budget in 2016. On Friday, Chancellor Angela