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Swiss banks face lower fines than feared in U.S. tax case: paper

a shared story    3 days 23 hours 26 minutes ago
ZURICH (Reuters) - About 80 of the 106 Swiss banks that signed up for a deal with U.S. tax authorities could be fined less than they had feared for their role in helping wealthy Americans cheat on their taxes, but must widen their cooperation, a Swiss...(more) 



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Stores Usher in Holiday Shopping Season

a shared story    4 days 26 minutes ago
NEW YORK (AP) -- Shoppers - shrugging off a spate of lead-tainted toy recalls and higher prices for food and gas - jammed stores before dawn Friday to grab discounted TVs, toys and clothing for the official start of the holiday season, expected to be the...(more) 



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EU hits Russian intelligence chiefs with sanctions

a shared story    4 days 26 minutes ago
BRUSSELS (AP) -- The European Union on Friday extended its Ukraine-related sanctions to target top Russian intelligence officials and leaders of the pro-Russia revolt in eastern Ukraine, official documents showed.... 




US regulators close small bank in Illinois

a shared story    4 days 13 hours 26 minutes ago
WASHINGTON (AP) -- Regulators have closed a small lender in Illinois, bringing U.S. bank failures this year to 14 after 24 closures in all of 2013.... 



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US opens probe of Impala air bag performance

a shared story    4 days 14 hours 26 minutes ago
DETROIT (AP) -- The U.S. government's highway safety agency has opened a formal investigation into air bag failures in some Chevrolet Impala full-size cars made by General Motors.... 



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Cellphone unlocking set to become legal again

a shared story    4 days 14 hours 26 minutes ago
NEW YORK (AP) -- Congress has passed a bill that makes it legal to "unlock" cellphones so the devices can -at least in some instances- be used on other carriers.... 



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Russia's surprise interest rate rise

a shared story    5 days 2 hours 26 minutes ago
Russia's central bank has unexpectedly said it will raise its key bank interest rate over concerns about inflation and "geopolitical tension". 



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Son of S.Korea sunken ferry owner detained

a shared story    5 days 3 hours 26 minutes ago
SEOUL, South Korea (AP) -- South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.... 



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Russian execs fear lasting damage from plane crash

a shared story    5 days 3 hours 26 minutes ago
MOSCOW (AP) -- Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.... 



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Russia raises key rate amid Ukraine concerns

a shared story    5 days 4 hours 26 minutes ago
MOSCOW (AP) -- Russia's central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine.... 



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German business confidence drops again

a shared story    5 days 5 hours 26 minutes ago
BERLIN (AP) -- German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.... 



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Russian consumer watchdog seeks ban on some McDonalds' products

a shared story    5 days 5 hours 26 minutes ago
MOSCOW (Reuters) - Russia's consumer protection agency has filed a lawsuit in a Moscow court seeking to ban some of McDonald's Corp's burgers along with its milk shakes and ice cream, a court spokeswoman said on Friday.  



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