BRUSSELS (AP) - European and global financial leaders agreed Tuesday to release €44 billion ($57 billion) in critical loans to Greece and provide billions in debt relief to help the country stabilize its ailing economy.
Here's a look at some of Greece's main economic and financial
By STEVE ROTHWELLAP Business Writer
NEW YORK (AP) - Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.
The Dow Jones industrial average closed down 89.24 points to 12,
By CANDICE CHOI and MICHELLE CHAPMANAssociated Press
NEW YORK (AP) - ConAgra Foods is set to become the nation's biggest maker of store-brand foods, with a $5 billion purchase of Ralcorp that expands its stake in the growing market for cereals, crackers and other packaged foods sold under
By MOHAMED OSMANAssociated Press
KHARTOUM, Sudan (AP) - Sudan charged Tuesday that South Sudan is responsible for the delay in implementing a deal to restart oil production because it is refusing to disarm rebels in Sudanese territory.
The economies of both countries depend heavily on their
By CHRISTOPHER S. RUGABER and MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - American consumers are growing more confident about the job market, companies are ordering more equipment and home prices are rising in most major cities.
The latest batch of government data suggests that the
NEW YORK (AP) - Stocks are edging lower on Wall Street in early trading as investors take little solace from the latest deal to deliver financial help to Greece and an increase in U.S. home prices.
The Dow Jones industrial average was down 18 points at 12,949 shortly after the opening bell Tuesday
By The Associated Press
MONTREAL (AP) - Canada-based Bombardier Inc. says it has made the biggest sale of business aircraft in its history, potentially worth up to $7.8 billion if all options are exercised.
VistaJet, a private European company that provides luxury chartered flights, has placed
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Home prices increased in September in most major U.S. cities, more evidence of a housing recovery that is providing a lift to the fragile economy.
Standard & Poor's/Case-Shiller reported Tuesday that its 20-city index of
BAGHDAD (AP) - Iraq says it is giving neighboring Jordan 100,000 barrels of oil as a gift to help overcome its economic difficulties.
The decision by the Cabinet Tuesday could be seen as an attempt by the Shiite-led Iraqi government to offer support to one of its Sunni neighbors. Hundreds of
NEW YORK (AP) - Stock futures are mixed as Greece avoided, at least temporarily, a default on its international loans and the U.S. government posted strong manufacturing numbers for last month.
Dow Jones industrial futures are down 1 point to 12,935. The broader S&P futures are flat at 1,403.30