Bob Salsberg, Associated Press | Posted May 24th - 11:51am
The Massachusetts Senate began consideration Tuesday of a $39.5 billion budget that would hold the overall increase in state spending to about 3 percent while providing additional funding for schools and public colleges and universities.
Margaid Quiocand and Angela Charlton, Associated Press | Posted May 24th - 11:20am
French police used water cannons on Tuesday to disperse projectile-throwing protesters blocking a key fuel depot on the Mediterranean, as gasoline shortages spread around the country amid increasingly tense labor actions.
Andrew Taylor, Associated Press | Posted May 24th - 11:02am
Republicans controlling the Senate are moving to block new Obama administration rules that require financial professionals to put their client's best interest first when giving advice on retirement investments like 401(k)s.
Alison Mutler, Associated Press | Posted May 24th - 11:00am
Tech giant Hewlett Packard said Tuesday it would investigate allegations of wrongdoing in a health services contract in Romania which prosecutors say cost the East European country 16.8 million euros ($18.8 million).
Media mogul Sumner Redstone has appointed new confidantes to entities that control Viacom Inc. and CBS Corp., replacing Viacom CEO Philippe Dauman and lawyer George Abrams, whom he stripped of the roles last week.
David McHugh, Associated Press | Posted May 24th - 10:11am
European banks are likely to struggle to make profits in months ahead and may need to cut costs, merge or change their business strategies to return to solid health, the European Central Bank said Tuesday.