Greek parties try to form government, stocks tank

Fierce political rivalries kept Greece from resolving its leadership crisis as an anti-bailout party refused Monday to return to power-sharing talks.
For the ninth straight day, Greek party leaders were struggling to form a coalition government, riven by differences over the harsh austerity measures demanded by international creditors in return for rescue loans. The impasse means […]

Dole recalls bagged salad for salmonella risk

Dole Food Co.’s fresh vegetables division is recalling 756 cases of bagged salad, because they could be contaminated with salmonella.
The salads were distributed in Alabama, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, Mississippi, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and Wisconsin.
Dole said late Saturday that it’s coordinating with regulatory officials and that no illnesses […]

Boeing confident deal about to fly with Brazilian Air Force

A potential $4.3 billion deal between the Boeing’s defense unit and the Brazilian government that has bounced on and off the table for years is back in play.
And a Boeing Co. official said this week that the company expects to learn by June if it finished atop the process that has pitted aerospace makers from […]

February jobs report: Unemployment holds amid solid hiring

Hiring remained strong in February, fueling optimism about the recovery.
Employers added 227,000 jobs in February, the Labor Department reported Friday. While that’s a pinch slower than in January, hiring was still better than economists had expected.
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Stock market rally helped rebuild US wealth in Q4

A stock market rally at the end of last year helped Americans rebuild more of the wealth they lost during the recession _ a trend that carried over into 2012.
The added wealth led households to borrow more for the first time since the 2008 financial crisis began, even as home values fell again. It’s a […]

Stanford found guilty in Ponzi scheme

A federal court jury in Houston found former financier R. Allen Stanford guilty Tuesday on 13 of 14 counts of running a Ponzi scheme.
Stanford, who was first charged with the fraud by the Securities and Exchange Commission and federal prosecutors in 2009, was found guilty on 13 of 14 counts at the conclusion of […]

Carnahan sells remaining Wind Capital stake

A month after stepping down as Wind Capital Group LLC chairman, Tom Carnahan has sold his remaining stake in the company.
Ireland-based NTR Plc issued a statement Friday saying it had increased its stake in Wind Capital Group to 97 percent from 62 percent. But the company didn’t disclose terms of the transaction, or from whom […]

Zynga posts loss on pricey stock compensation costs

In its first financial report as a public company, Zynga edged past analysts’ expectations but posted a loss thanks to its large stock-based compensation expenses.
The casual gaming pioneer, best known for its -Ville franchises like FarmVille, reported sales of $311 million for the quarter ended Dec. 31. Excluding stock compensation costs, Zynga had net […]

Undersea prep resumes for ship’s oil removal

Underwater operations have resumed aimed at readying the shipwrecked Costa Concordia for the removal of tons of oil from its tanks.
After days of stormy weather, seas off the Tuscan island of Giglio were calm enough Sunday to resume work.
But the Italian government office overseeing salvage and rescue operations said winds were increasing and that the […]

Zoo wants company to stop using chimps in TV ads

A Chicago zoo is mounting a campaign to stop a company from airing a Super Bowl Sunday commercial featuring mischievous suit-and-tie wearing chimpanzees playing tricks on their human co-worker, saying all that monkey business proves deadly for the endangered species.
Lincoln Park Zoo officials fear images of the frolicking chimps broadcast worldwide do little to help […]