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Archive: (23 Stories)

DIGITS: A conflicted public on the debt ceiling

10/15/2013 12:09am
As talks between Republican and Democratic leaders lumber on in Washington, the American public sees an economic crisis looming if Congress is unable to raise the country's debt ceiling. But the people seem just as conflicted on the issue as their elected representatives.

New seats let airlines squeeze in more passengers

10/15/2013 1:01am
It's not your imagination. There really is a tighter squeeze on many planes these days.

At a glance: Airlines put more seats on planes

10/15/2013 1:02am
Here's a look at how various airlines are changing the seats on their planes.

News Summary: Airlines fit more seats onto planes

10/15/2013 1:03am
A LITTLE TIGHTER: Airlines are squeezing more seats onto planes. Many commonly-used planes on U.S. routes are getting an extra row. Many of Boeing's 777s, which are used for international flights, are now getting 10 seats across instead of nine.

Germany sees sharp rise in energy subsidy costs

10/15/2013 3:02am
The cost to Germans of subsidizing renewable energy is set to rise nearly 20 percent next year _ highlighting a problem for the government as it manages the country's exit from nuclear power.

Alitalia shareholders approve capital increase

10/15/2013 7:09am
Shareholders in the Alitalia airline have agreed to a 300 million-euro ($400 million) capital increase to save Italy's flagship carrier from bankruptcy.

Warren Buffett backs new business kits for kids

10/15/2013 9:36am
Earlier this year, Warren Buffett congratulated a group of three Kentucky kids for developing kits to help their peers set up businesses.

News Summary: Alcatel-Lucent workers protest cuts

10/15/2013 9:55am
PICKET LINES: More than a thousand French Alcatel-Lucent workers marched to the Eiffel Tower on Tuesday, staging a mock funeral that the CEO warned could easily become a reality for the telecommunications company.

Big gains on tap for small Royal Mail shareholders

10/15/2013 10:14am
Small shareholders in Royal Mail on Tuesday had their first opportunity to cash in on the stock's spectacular stock market debut.

News Summary: Schools use '7 Habits' book program

10/15/2013 10:26am
SCHOOL BOOK: Nearly 1,500 schools are using a program built around the self-help bestseller "The Seven Habits of Highly Effective People" that's meant to teach students principles from the book.

News Summary: EU OKs joint banking supervisor

10/15/2013 10:27am
SEEKING STABILITY: European Union officials on Tuesday approved the creation of a centralized banking supervisor, marking another step in the 28-country bloc's long quest to stabilize its financial system.

NY factory activity grows more slowly in October

10/15/2013 10:41am
Factory activity in the New York region expanded more slowly in October, a sign that the partial government shutdown may be weighing on the economy.

Key dates on debt limit as Thursday deadline nears

10/15/2013 12:17pm
Here are key dates to watch as Congress negotiates over raising the U.S. government's debt limit:

Italian government approves 2014 budget

10/15/2013 1:11pm
The Italian government has approved a 2014 budget with spending and tax cuts aimed at returning Italy's economy to growth and bringing it under the EU budget deficit ceiling.

A look at Johnson & Johnson 3rd-quarter sales

10/15/2013 1:36pm
A look at health care giant Johnson & Johnson's third-quarter revenue by division and for selected products and categories:

Rebate scandal: some Pilot customers say 'no deal'

10/15/2013 3:02pm
A speedy settlement by some companies with the truck-stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam won't put a quick end to lawsuits from customers who authorities say were cheated out of discounts and rebates.

Warren Buffett backs new business kits for kids

10/15/2013 3:03pm
Earlier this year, Warren Buffett congratulated a group of three Kentucky kids for developing kits to help their peers set up businesses.

Why US bonds matter to global markets and you

10/15/2013 3:15pm
It's no surprise that investors get nervous every time politicians debate raising the U.S. debt limit.

News Summary: CSX profit improves 2 percent in 3Q

10/15/2013 4:20pm
FREIGHT FORTUNES: CSX railroad's quarterly net income grew 2 percent to $463 million, and the results beat Wall Street expectations.

Lawyers for SEC, Mark Cuban make closing arguments

10/15/2013 4:26pm
A government lawyer told jurors that billionaire Dallas Mavericks owner Mark Cuban had an unfair and illegal advantage over other investors when he dumped $7.9 million in shares of an Internet company and then lied about why he sold.

Wal-Mart announces disciplined store expansion

10/15/2013 4:40pm
Wal-Mart Stores Inc. is embracing a disciplined approach to expansion as it responds to a challenging global economy and increasing consumer demands for more convenience.

Fitch puts US credit rating on negative watch

10/15/2013 5:05pm
The Fitch credit rating agency has warned that it is reviewing the U.S. government's AAA credit rating for a possible downgrade, citing the impasse in Washington that has raised the threat of a default on the nation's debt.

Coke exec: Diet Coke under pressure

10/15/2013 5:24pm
Diet Coke, the country's No. 2 soda, may be losing some of its pop.