Spain's National Court has sentenced 11 former company directors to prison terms of between two and 12 years for running a fraudulent multi-billion-euro (-dollar) pyramid scheme that used the savings of hundreds of thousands of small-time investors.
Fiat Chrysler Automobiles on Wednesday raised its earnings forecasts after reporting a 25 percent increase in second-quarter profits as SUV and truck sales offset the impact of slumping demand for passenger cars in North America.
The European Union's executive refrained Wednesday from calling for heavy fines against Spain and Portugal for breaching budget rules and sought instead to set "new fiscal paths" for the two countries.
The head of the World Trade Organization says it needs to do more to make the case for the benefits of trade in the face of claims that it has been responsible for shrinking manufacturing jobs in places like the United States.
A couple of doors down from Club Blu, where a young man and a 14-year-old boy were killed while attending a teen party, shop owner Idis Edouard hoisted a rod above his head to gently move a girl's blue dress aside.
Martin Crutsinger, Associated Press | Posted Jul 27th - 6:50am
Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft. The key category that tracks business investment managed a small gain.