Egyptian parliament names constitution panel

Islamists that dominate Egypt’s new parliament looked Saturday to solidify their power over the country’s political direction as lawmakers chose a 100-member panel to draw up the country’s new constitution.
The selection process has sparked a fierce debate in Egypt. With so much at stake, a bloc of secular and liberal lawmakers boycotted Saturday’s voting by […]

After struggles, O’Fallon Brewery back on path to growth

O’Fallon, Mo. • This time last year, O’Fallon Brewery was fading out of sight.
After growing for most of a decade, St. Louis’ second-largest craft brewer hit a wall. Its co-founders ran out of cash. Beer-making ground to a halt. Six-packs on store shelves dwindled.
But now O’Fallon is on pace to sell more in 2012 than […]

China Hard-Landing Concerns

Concerns that China will enter a so- called hard landing are

Judge clears way for Alabama county’s bankruptcy

Alabama’s Jefferson County can go ahead with its $4.23 billion bankruptcy case, the biggest ever by an American municipality, a federal judge ruled.
Overcoming arguments by creditors that the county was ineligible for bankruptcy because it had the wrong type of debt, U.S. Bankruptcy Judge Thomas Bennett issued a ruling late Sunday in Birmingham, Alabama, […]

Air Canada: Why adding the Boeing 787 Dreamliner could be a travel gamechanger

Air Canada is pinning its future business strategy on Boeing

BOJ Openings Can Shape Monetary Policy - Bloomberg

Japan

Housing Declines May Have Cost a Generation of Buyers, Fed

Federal Reserve Bank of St. Louis President James Bullard said the 30 percent drop in U.S. housing prices since 2006 may prompt a generational shift to apartment rentals.

General: Iran will strike pre-emptively at foes

A semiofficial Iranian news agency quotes a senior military commander as saying that Tehran will strike pre-emptively at its enemies, if it feels it is in danger.
The comments by deputy head of Iran’s armed forces Gen. Mohammed Hejazi were carried by Fars agency on Tuesday.
“We do not wait for enemies to take action against us,” […]

Philadelphia–Area Manufacturing Rises Above Forecasts - Bloomberg

Manufacturing in the Philadelphia region expanded in February at the fastest pace in four months as orders and sales picked up.
The Federal Reserve Bank of Philadelphia

Obama Aims $1.4 Trillion Tax Increase at Highest U.S. Earners - Bloomberg

President Barack Obama called for $1.4 trillion in fresh revenue from Americans at the top of the income scale, proposing higher taxes on wages and investments and limiting breaks for retirement savings and health insurance.
The tax proposals in the administration