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Economic News
  • Price Is Right for Stimulating Action by Fed
    After Tuesday's inflation report, the price is suddenly right again for the Federal Reserve to start considering more stimulus.
  • BOE Cuts U.K. Growth Forecast
    The Bank of England said that inflation in the U.K. will probably take longer to return to target than previously thought, while economic growth will be weaker.
  • Greek Banks See Deposit Withdrawals
    Greek depositors withdrew €700 million from local banks Monday, the country's president said, as he warned that the situation facing Greece's lenders was very difficult.
  • In Greek Drama, 4 Potential Endings
    As Greece careens toward another election, it's growing more likely that the country will crash out of the euro—but it is not yet inevitable.
  • Inflation Eases as Gasoline Prices Fall
    Consumer prices in the U.S. held steady from March to April, as sliding gas prices helped offset rising costs of food and other items.
  • Colombia, U.S. Begin Free-Trade Deal
    A free-trade agreement between the U.S. and Colombia took effect Tuesday after years of negotiations and despite strong opposition from U.S. labor organizations.
  • Farmland Values Surge in Midwest
    Farmland values across the U.S. Midwest continued to surge in the first quarter, buoyed by high crop prices and easing drought conditions in some states.
  • Hazardous Greek-Exit Scenario
    If Greece were forced to leave the euro zone, it would show that Europe's historic currency project can disintegrate as well as integrate. Here are some possible answers.
  • EU Reaches Deal on Basel Rules
    European Union finance ministers agreed on revised draft legislation on how to implement the Basel III accords on banking capital and liquidity, after last-minute changes granting more powers to member states.
  • Euro-Zone Economy Escapes Recession
    The euro-zone economy narrowly escaped recession in the latest quarter thanks to a surprising rebound in Germany, which offset deepening downturns in Spain and Italy.
US Business News
  • GM Says Facebook Ads Don't Pay Off
    GM plans to stop advertising on Facebook after the auto maker decided that paid ads on the site have little impact on consumers' car buying.
  • Apple Moves Toward Larger iPhone Screens
    Apple, which is expected to launch its next-generation iPhone later this year, has ordered bigger screens from its Asian suppliers, people familiar with the situation said.
  • Hedge or Bet? Parsing a Trade
    The strategy behind J.P. Morgan's complicated trades could raise new questions about whether the bank was hedging its risks or making a big bet.
  • EADS Optimistic Despite Charge
    EADS took a €158 million charge in the first quarter to fix wing cracks in its iconic A380 superjumbo, but the aerospace giant raised its projection for earnings for the full year on increased commercial jet production.
  • Richemont Defies Asia Slowdown
    Richemont defied the wider economic gloom with a robust set of full-year results, but demand for its expensive watches and jewelry is showing signs of a slowdown in the crucial Asia-Pacific market.
  • Cardinal, U.S. in Settlement
    Cardinal Health agreed to settle with the Drug Enforcement Administration over the distribution of addictive pain pills in Florida.
  • Activist Moves Into PepsiCo
    Relational Investors, an activist shareholder firm, disclosed it has a $600 million stake in PepsiCo, a move that could step up pressure on the beverage and snack giant.
  • J.C. Penney Posts Loss; Stock Slumps
    J.C. Penney swung to a loss in its latest quarter on restructuring costs and a 20% drop in sales. Its shares fell sharply, as the retailer also suspended its dividend.
  • HTC Delays Smartphone Launch
    HTC faces another setback in the U.S. as the Taiwanese handset maker said Wednesday that a customs review required by a trade body will cause a delay in the launch of a new smartphone
  • For CEO Hart, a Battle to Revamp the Slots Business
    Patti Hart wants to transform Internet Gaming Technology from a slots-machine business into a company poised to benefit from Internet gambling.