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 […]

Saab owner postpones 1H report

Shares in Swedish Automobile, the owner of struggling car maker Saab, have plummeted after it postponed the release of its earnings figures for the first six months of the year, saying the report has yet to be completed.
In a brief two-line statement Friday, the Zeewolde-headquartered Dutch company said the results would be delayed by five […]

Gold mine plans divide 1 Transylvanian town

This is fairy tale land and there’s even a pot of gold buried beneath it.
But not everyone’s happy.
With the precious metal at an all-time high, a Canadian company is eager to start blasting out mountains and demolishing parts of the ancient Romanian town of Rosia Montana to build an open-cast mine where 300 tons of […]

Area biotech facility lands key international client

Creve Coeur

Consumers take painful steps to steadily pay down debt

When the Croy family’s income shrunk by half, they saw only one way out

U.S. job gains could ease investors

WASHINGTON

A year later, Chile’s ‘33′ are mostly unemployed

One of the myths surrounding the 33 miners who were so dramatically rescued after being trapped for 69 days deep inside a Chilean copper mine is that they’re all millionaires and no longer need to work.
The truth: nearly half the men have been unemployed since their mine collapsed one year ago Friday, and just one, […]

Deal would have little impact on economy till ‘14

The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years.
Almost all the cuts would be made in 2014 or beyond. The approach heeds a warning by Federal Reserve Chairman Ben Bernanke and […]

Fiat lifts outlook after Q2 profit rise

Italian automaker Fiat SpA raised its 2011 forecasts Tuesday after reporting a huge jump in second-quarter profits thanks to the takeover and integration of Chrysler.
Fiat, which controls Chrysler with a 53.5 percent stake, reported second-quarter earnings of euro1.3 billion ($1.9 billion), compared with euro90 million in the same period a year earlier. Revenues rose 40 […]

Minn. lawmakers OK budget, assure end to shutdown

Minnesota lawmakers have approved a budget deal that will end a 20-day state government shutdown as soon as Gov. Mark Dayton signs it.
The state House and Senate approved the budget during a special session, with the last vote coming early Wednesday morning after lawmakers worked through the night. The session began Tuesday afternoon.
It wasn’t clear […]