France to hunt again for vanished Rio-Paris flight

The French government said Thursday it will conduct a fourth search for the flight recorders of an Air France jetliner that crashed into the Atlantic Ocean while flying from Rio de Janeiro to Paris 18 months ago.
All 228 people aboard Flight 447 died, and families of some victims have demanded that France not give up […]

Economists see ’sub-par’ growth ahead

The economy will remain sluggish early next year as the lingering effects of the recession continue to drag on growth and the benefit of government stimulus fades, a panel of professional forecasters said Monday.
In its November outlook, the National Association for Business Economics predicts that the U.S. economy will grow 2.7% this year. That’s […]

Stocks post slight gains China raise bank reserves

Stocks posted slight gains Friday after China took more steps to curb inflation, which traders fear could slow down the country’s growth.
China ordered its banks to hold more reserves, the second time it has done so in the past two weeks. The goal is to curb lending and avoid speculative bubbles. Inflation in China shot […]

Holiday season brings deals for wireless consumers

MONTREAL???Consumers can expect more deals ??? and maybe more clout ??? when shopping for mobile phones during the holiday season in the hotly competitive wireless industry.
The holiday season brings in a big chunk of sales for all the wireless carriers and are especially important to the new players trying to win market share away from […]

Irish, EU, IMF face marathon talks for loan deal

Irish, European and International Monetary Fund officials mounted tough negotiations Friday over terms of a massive credit line for Ireland’s debt-crippled banks _ with the fate of Ireland’s prized low business taxes in the firing line.
Irish officials said talks were under way at several locations in Dublin involving different government departments and agencies and more […]

Warner Music loss widens, signs Spotify Euro deal

NEW YORK ??? Warner Music Group posted a wider quarterly loss as revenue growth in Britain and Italy was offset by weakness in the United States, Japan and the rest of Europe, sending its shares down 8 per cent.
The world???s third-largest music company, said digital revenue grew 7 per cent during the fiscal fourth quarter […]

Debt tensions flare up as Ireland denies bailout

Europe’s debt crisis spread widening ripples Monday, with Irish officials denying that their talks with other eurozone governments were aimed at getting a bailout, while the Greek Prime Minister accused Germany of making things worse with talk of forcing creditors to take losses.
The flare-up in tension adds to pressure on EU finance ministers, who will […]

Lagarde Stays French Finance Minister in Cabinet Shuffle; Juppe to Defense - Bloomberg

Christine Lagarde will remain French finance minister in a Cabinet shuffle announced today.

High U.S. deficits could spark bond crisis: Greenspan

The United States must move to rein in its massive budget deficits or it faces the risk of a bond market crisis, former Federal Reserve Chairman Alan Greenspan said on Sunday.
“We’ve got to resolve this issue,” Greenspan said of the ballooning U.S. debt levels.
He spoke about the issue as a panel, chaired by former […]

ALL BUSINESS: Tales of robo-signers hit YouTube

It isn’t just Justin Bieber videos or stunning plays in a middle-school football game that are getting attention on YouTube these days. Add to the list a former hotel maid explaining how she signs thousands of mortgage documents a year without a clue to what she’s putting her name on.
“I don’t usually read the docs […]