EU leaders to discuss growth as Greece case looms

European leaders will try to come up with ways to boost growth despite steep budget cuts across the continent when they meet in Brussels on Monday.
The 27 heads of state and government will get a taste of the popular frustration with austerity and high unemployment as they try to get to the summit in a […]

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Growth quickens, but speed bumps ahead

The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.
Gross domestic product expanded at a 2.8 percent annual rate, the Commerce Department said on Friday, a sharp acceleration from the 1.8 percent […]

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Europe eyes merits of boosting growth to cut debt

After months of talk that Europe can only be saved by slashing its spending, a growing chorus of voices is calling for a new tack, encouraging governments to instead stimulate growth _ even if that means spending money.
As a slowdown in the global economic recovery threatens to undo Europe’s austerity efforts, experts are reviving a […]

Ask the Expert: Susan Noeth: director of client solutions Sitton Construction Group

What can building owners do to stretch their capital budgets?
Many organizations, both public and private, have experienced decreased funding over the past few years due to the many factors stemming from the bad economy. It is important to know there are ways to reduce costs when undertaking construction projects, regardless of whether it is a […]

26 militants, 10 soldiers killed in Yemen fighting

A new round of fierce fighting in southern Yemen killed 10 soldiers and 26 militants, military officials said Monday, the latest battle in a government campaign to retake territory from al-Qaida-linked fighters, .
Another 38 militants and about 30 soldiers were wounded in the clashes that took place near the city of Dufas in the southern […]

Chavez set to begin new round of cancer treatment

Venezuelan President Hugo Chavez checked in to a military hospital Saturday night to begin a third round of chemotherapy, this time getting the cancer treatment at home rather than Cuba.
Chavez walked into the Dr. Carlos Arvelo Military Hospital accompanied by his daughter Maria and aides. He said his treatment has been going well and aims […]

Asian markets edge up early

Asian stock markets opened Tuesday with modest gains, following leads in Europe and on Wall Street.
Japan’s Nikkei 225 rebounded from a five-month low on Monday by 0.2 percent to 8,647.62. South Korea’s Kospi recovered ground lost the day before, jumping 1.6 percent to 1,738.71. Australia’s S&P ASX 200 rose 0.8 percent at 4,113.20. Benchmarks in […]

Deere 3Q profit up 15 percent, outlook improves

Deere & Co. says third-quarter net income jumped 15 percent and it’s boosting its sales outlook for the year with global demand for its green and gold equipment remaining strong.
Deere said Wednesday that it generated $712.3 million, or $1.69 per share, in the quarter that ended July 31. That’s up from $617 million, or $1.44 […]

Gert weakens, Fernanda forms well away from land

Tropical Storm Gert continues to weaken as it heads northeast into the open waters of the Atlantic after skirting past Bermuda.
The storm’s maximum sustained winds had decreased to 40 mph (64 kph) as of late Tuesday morning. The U.S. National Hurricane Center in Miami says additional weakening is forecast and Gert will likely lose its […]

London’s top 2 police resign in UK hacking scandal

Britain’s spreading phone hacking and police bribery scandal forced two of London’s top police officers to resign in less than 24 hours and prompted Prime Minister David Cameron on Monday to call for an emergency session of parliament.
Scotland Yard chief Paul Stephenson stepped down Sunday night, followed out the door Monday by Assistant Commissioner John […]