BRUSSELS (AP) — The countries that use the euro pulled Greece back from an imminent and potentially catastrophic default on Tuesday, when they finally stitched together a euro130 billion ($170 billion) rescue they hope will also provide a lifeline to their common currency. But the patchwork of measures — including the implementation of austerity measures…
BANGKOK (AP) — World stock markets were mostly lower Tuesday even as European leaders finally clinched a deal for a rescue package to prevent Greece from going belly up. Benchmark oil hovered near $105 per barrel while the dollar fell against the euro but rose against the yen. Shares in Europe opened lower, just hours…
SHANGHAI (AP) — The lawyer for a Chinese company suing Apple Inc. in China over its use of the iPad trademark indicated Tuesday that his client would be willing to discuss a settlement. Xie Xianghui, lawyer for Shenzhen Proview Technology, said that since no final decisions have been reached in various legal disputes over the…
SINGAPORE (AP) — Oil traded close to a nine-month high near $105 a barrel Tuesday in Asia after European leaders agreed to lend Greece euro130 billion ($170 billion) to avoid a debt default. Benchmark crude was up $1.61 to $104.85 per barrel at late afternoon Singapore time in electronic trading on the New York Mercantile…
WASHINGTON (AP) — Michigan has become squirm central for Republican presidential candidates who are trying to explain their opposition to the auto bailout before the big primary in the home of automakers. Their tale is terribly tangled, and President Barack Obama isn’t telling it straight either. Obama, in taking credit, and Republicans, in assigning blame,…
Dell Technologies (DELL) founder and CEO Michael Dell and his wife, Susan, donated $6.25 billion to go toward Trump Accounts, the administration’s child savings initiative, in 2025. Now, their pledge will be adding $250 to every eligible child’s account. Michael Dell joins Yahoo Finance Senior Reporter Jennifer Schonberger for a conversation about the significance of…
WASHINGTON (AP) — This time around, President Barack Obama’s message can sound decidedly down-to-earth. Four years after winning the White House, Obama is dealing with a different economic and political reality as he seeks re-election. He’s focused less on a lofty vision for overcoming divisions and remaking Washington, and more on the most basic building…
LONDON (AP) — Britain’s health minister was angrily heckled Monday over health care reforms that the government says will improve efficiency but opponents claim threaten the foundation of the country’s state-funded health care service. Protesters jostled Health Secretary Andrew Lansley as he arrived for the 10 Downing Street meeting on the reforms. Demonstrator June Hautot,…
MADRID (AP) — Spain said Monday it will soon send hulking military transport planes to Florida to retrieve 17 tons of treasure that U.S. undersea explorers found but ultimately lost in American courts, a find experts have speculated could be the richest shipwreck treasure in history. The Civil Guard said agents would leave within hours…
LONDON (AP) — A dozen European Union leaders, including British Prime Minister David Cameron and Italian Premier Mario Monti, called Monday for an open-markets strategy to stimulate growth and jolt the region out of its economic doldrums. The 12 leaders sent an open letter to EU leaders Herman van Rompuy and Jose Manuel Barroso as…
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