Global shares sag as Greek turmoil saps risk appetite
TOKYO - Asian shares fell more than 3 percent, the biggest one-day drop in six months, and the dollar rose broadly on Wednesday after efforts to form a new government in Greece collapsed, fuelling fears that a second election in June could precipitate Athens' exit from the euro zone and deepen the bloc's debt crisis.
Key to Universal-EMI decision: Has music business lost control?
WASHINGTON - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry.
Facebook boosts IPO size by 25 percent, aims for $15 billion
NEW YORK/SAN FRANCISCO - Facebook Inc will increase the size of its initial public offering by 25 percent to raise about $15 billion, a source familiar with the matter said, as strong investor demand for a share of the No.1 social network trumped ongoing debate about the company's long-term potential to make money.
The real costs of starting a business
How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.
Sony, Panasonic in talks to make OLED TVs: sources
TOKYO - Sony Corp and Panasonic Corp are in talks to develop the technology to mass produce next-generation OLED televisions, sources close to the matter said on Tuesday, but may already be running to catch up with South Korean rivals in a technology widely seen replacing current LCD TVs.
Macquarie, UOB place bids for ING Asia arm: sources
HONG KONG - Macquarie Group , U.S.-based Principal Financial Group and Singapore's United Overseas Bank are among suitors that have submitted bids for ING's Asian asset management business in a deal that may be worth around $500 million to $600 million, said sources familiar with the matter.
Exclusive: Brazil targets Argentina with new import license
BRASILIA - Brazil plans to end automatic import licensing for about 10 perishable products including apples, raisins, wheat flour, potatoes and some cheeses and wines in retaliation against rising trade barriers in Argentina, a senior Brazilian government official told Reuters on Monday.
Same-sex couples: We just want equal benefits
From paying more for health insurance to being denied access to Social Security survivor benefits, many same-sex couples face financial difficulties because the federal government doesn't recognize gay marriage.
Brazil economy to miss 2012 growth target: sources
BRASILIA/SAO PAULO - Senior members of Brazil's government now believe the economy will expand less than the official 4.5 percent forecast this year and are bringing internal projections more into line with private-sector estimates of about 3 percent growth, four officials told Reuters.
Not working: Voices of America’s laid off workers
Writer DW Gibson traveled across the country in search of the Great Recession's victims. The result: Not Working, a portrait of America's 21st-century unemployed. Here are a few of the tales he came home with.
