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Carlos Slim Helu

Mexican telecom tycoon Carlos Slim Helu, named the world's richest man, according to a new ranking published by Forbes magazine on Wednesday.

Icelanders reject plans to repay debt of €3.9 billion to Britain and Netherlands

In a national referendum on Saturday, Icelanders rejected a plan to repay the U.K. and the Netherlands €3.9 billion ($5.3 billion) lost in the collapse of Ic...

German MPs: Greece should sell islands to avoid bankruptcy

Two German congressmen suggested on Thursday that Greece should raise money from selling some of its uninhabited islands in order to avoid bankruptcy.

Apple sues HTC for patent infringement

Apple Inc. filed patent lawsuits against Taiwanese phone maker HTC Corp. on Tuesday, claiming violation 20 of its patents related the iPhone's touch screen t...

Warren Buffett calls for penalties for bank executives who led their companies to fall

Warren Buffett, America's most famous, chairman of Berkshire Hathaway Inc., launched an attack Saturday on bank giants' executives, calling for penalties for...

Apple admits employing 15-year-olds in factories

Apple has admitted that children were recruited at some of its factories that build its computers, iPods and mobile phones.

Dominique Strauss-Kahn

Dominique Strauss-Kahn, the head of the International Monetary Fund, said Friday the organization might explore the options of providing countries with a glo...

Goldman Sachs' role in Greek financial crisis investigated

The US central bank has launched an inquiry into derivatives contracts arranged between Goldman Sachs Group Inc. and investment banks with Greece, Ben Bernan...

A Newsweek column browses several job boards such as Indeed, Vault, and Yahoo! HotJobs to help you track the best job listings with salaries of $100,000 or m...

China's huge bubble to burst soon?

According to Marc Faber, publisher of the Gloom, Boom & Doom Report, the Chinese economy might crash in 2010.

Toyota memo shows staff trumpeting savings of $100 million by halting U.S. safety investigation in 2007

According to a 2009 internal Toyota Motor Corp document handed over to U.S. lawmakers and made public on Sunday shows Toyota's Washington D.C. staff boasting...

U.S. Department of Agriculture to pay black farmers $1.25 billion in discrimination suit

The U.S. Department of Agriculture agreed to pay $1.25 billion to settle more claims by black farmers who said they were discriminated against in federal far...

South Carolina congressman proposes bill to ban US currency in state and use gold and silver coins instead

South Carolina State Rep. Mike Pitts has introduced a bill that would ban the recognition or use of US currency in South Carolina. The lawmaker says if the F...

Joe Biden says stimulus good for Michigan, rest of US

UNIVERSITY CENTER, Mich. — The year-old federal Recovery Act that has pumped billions in stimulus dollars into economically devastated states such as Michiga...

White House insists healthcare summit no trap

Patricia Zengerle Reuters 02/17/2010
State Sen. John Rafferty Jr.

Beer drinkers, meet your liberator. State Sen. John Rafferty, flanked by a fife and drum corps in Revolutionary War getup and dozens of convenience store emp...

White House insists healthcare summit no trap

The purpose of the Obama administration's upcoming summit on healthcare is to find solutions to issues like soaring insurance premiums, not score political p...

EU finance ministers pick Portugal's Constancio as ECB vice president

European Union finance ministers on Tuesday formally approved Portugal's Vitor Constancio as the European Central Bank's next vice-president.

MOSCOW — Russian Prime Minister Vladimir Putin on Tuesday assured Greece that a major gas pipeline project will help it recover from its debt crisis by boost...

Excise Tax Loses Support Amid White House Push

ROBERT PEAR The New York Times 02/16/2010

Ford to Launch New Mercury Small Car in 2011

Soyoung Kim ABC News 02/15/2010
Excise Tax Loses Support Amid White House Push

WASHINGTON — An agreement to tax high-cost, employer-sponsored health insurance plans, announced with fanfare by the White House and labor unions last month,...

Ford to Launch New Mercury Small Car in 2011

Ford Motor Co will launch a new small car for its Mercury brand in early 2011, based on the automaker's new global compact car platform, Ford President of th...


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