Apple, major e-book publishers in EU antitrust probe

BRUSSELS

Eurozone finance ministers OK release of $10.7 billion bailout loan for Greece

BRUSSELS

Egypt new PM claims more powers than predecessor

Egypt’s military rulers picked a prime minister from ousted leader Hosni Mubarak’s era to head the next government in a move quickly rejected by tens of thousands of protesters, while the United States ratcheted up pressure on the generals to quickly transfer power to a civilian leadership.
More than 100,000 people packed into Cairo’s central Tahrir […]

Leather chairs, soft lighting, Wi-Fi: Welcome to the new Tim Hortons

Canadians may not associate espresso, arm chairs and soft lighting with Tim Hortons, but the upscale fixtures are part of the brand

US stocks rebound a day after big losses

Stocks are opening broadly higher after an unexpected drop in unemployment claims and signs of progress in Europe’s debt crisis. The gains came one day after the Dow Jones industrial average sank nearly 400 points.
Concerns about Europe eased slightly after Italy sold debt at borrowing rates that were more favorable than analysts expected. Greece named […]

LMI Aerospace Inc. reports earnings lag somewhat from expectations

LMI Aerospace Inc., a St. Charles-based provider of engineering services and components to the aircraft industry, reported net income for the third quarter of $4.1 million, or 35 cents per share, compared with $2.6 million, or 23 cents a share, in the third quarter of 2010. Sales of $64.8 million in the third quarter were […]

Bangkok flood defenses hold off peak coastal tides

Defenses shielding the center of Thailand’s capital from the worst floods in nearly 60 years mostly held at critical peak tides Saturday, but areas along the city’s outskirts remained submerged along with much of the countryside.
Prime Minister Yingluck Shinawatra said the floodwaters have started to recede after killing almost 400 people, submerging entire towns across […]

Libyan rebels poised to assault Gadhafi stronghold

Rebel fighters were poised Saturday to assault one of the last strongholds of loyalist fighters in Libya, giving residents of Bani Walid one final night to choose between surrender and an all-out attack.
Thousands of fighters were moving toward the town from three sides, according to a senior rebel official from the area, Mahmoud Abdel-Aziz, who […]

TSX closes flat, Dow gains amid strong retail sales

The Toronto stock market finished little changed Friday as a strong U.S. retail sales report raised hopes that a market bottom is near after three weeks of intense selling pressure that brought the TSX well into correction territory.
The S&P/TSX composite index added 2.4 points to 12,542.2, weighed down by declines in gold stocks as bullion […]

Stocks swing wildly after Fed statement

The Federal Reserve spoke _ and financial markets swung wildly before rallying.
The Dow rose nearly 200 points about an hour after the Fed’s statement was released.
But stocks first sank after the Fed said that economic growth this year has been “considerably slower” than it expected and that it will keep interest rates near their record […]