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Greece is considering a 15 percent levy on undeclared foreign deposits, and double that rate on undeclared deposits in domestic banks, as an enticement for tax-dodgers to legalize assets.
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China's army plays down South China Sea island-building

Christopher Bodeen, Associated Press  |  posted May 26th - 5:31am
China's military on Tuesday compared its controversial island-building in the South China Sea to ordinary construction such as road-building going on elsewhere in the country, trying to deflect criticism over an issue seen as inflaming tensions in the region.
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US home prices rose at steady pace in March from year ago

Christopher S. Rugaber, Associated Press  |  posted 6 minutes ago
U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale.
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Ford expands presence in Morocco

The Associated Press  |  posted 16 minutes ago
Ford Motor Company is expanding its presence in North Africa with a new Moroccan sales office and plans to double the amount of parts purchased in the North African kingdom.
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Orders for durable goods drop 0.5 percent in April

Martin Crutsinger, Associated Press  |  posted 27 minutes ago
Orders to U.S. factories for long-lasting manufactured goods fell slightly in April. But a category that reflects business investment climbed for a second month, a hopeful sign that this key sector is starting to revive.
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Taco Bell, Pizza Hut: Artificial ingredients getting booted

Candice Choi, Associated Press  |  posted 35 minutes ago
Taco Bell and Pizza Hut say they're getting rid of artificial colors and flavors, making them the latest big food companies scrambling to distance themselves from ingredients people might find unappetizing.
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Olive Garden: At least 1 more breadstick creation on the way

Candice Choi, Associated Press  |  posted 36 minutes ago
Olive Garden isn't finished dreaming up new ways to use its breadsticks.
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Cancer diagnosis leads to plans for brewery, theater

The Associated Press  |  posted 46 minutes ago
A cancer diagnosis has prompted a couple to move ahead on plans to open a brewery and improvisational theater in Ann Arbor, drawing the name for the planned establishment from a tough day when everything felt pointless.
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Orders to US factories for durable goods slip 0.5 percent, but investment category shows gain

The Associated Press  |  posted 56 minutes ago
Orders to US factories for durable goods slip 0.5 percent, but investment category shows gain.
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Spain's top court overturns regional law against evictions

The Associated Press  |  posted May 26th - 6:20am
Spain's Constitutional Court has struck down a decree by a regional government that tried to protect people in economic difficulty by allowing empty houses owned by banks to be temporarily confiscated for use as homes.
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Putin expects sanctions against Russia to be lifted

The Associated Press  |  posted May 26th - 6:10am
Russian President Vladimir Putin has encouraged businesses to expand domestically before Western nations lift economic sanctions, allowing once again the sale of many foreign goods in Russia.
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Battle between Stockton, Showboat heads to bankruptcy court

The Associated Press  |  posted May 26th - 6:00am
A southern New Jersey college's battle over a failed deal to convert a former casino into a satellite campus is now part of a casino company's bankruptcy proceedings.
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IMF official says China's yuan no longer undervalued

The Associated Press  |  posted May 26th - 4:51am
The International Monetary Fund no longer believes China's tightly controlled currency is undervalued, an IMF official said Tuesday, a stance that might help Beijing in its wrangling with Washington over exchange rate controls.
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Top 10 highest-paid CEOs

The Associated Press  |  posted May 26th - 4:50am
Here are the 10 highest-paid CEOs for 2014, as calculated by The Associated Press and Equilar, an executive pay data firm:
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Charter buying Time Warner Cable in $55.33B deal

The Associated Press  |  posted May 26th - 4:30am
Charter Communications will spend $55.33 billion to acquire Time Warner Cable in a cash-and-stock deal that would instantly create one of the largest pay-television and broadband operators in the U.S.
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