| Dec 17, 2013
| 8:35 AM
LONDON — She’s once, twice, three times a chancellor: Angela Merkel, Germany’s first female leader, was sworn in Tuesday for her third term, underlining her dominance on the political scene in Europe’s biggest economy.
| Dec 21, 2012
| 8:35 AM
Looking for evidence of China’s economic prowess, Europe’s malaise and consumer ennui in the U.S.? Use the international restaurant industry as a barometer, according to a report this week.
China’s economy, coming off a period of...
| Apr 27, 2012
| 6:35 AM
The stock market has rebounded since it plummeted during the Great Recession, yet three fourths of Americans are still shying away from investing in stocks, according to a new poll from Palm Beach County-based Bankrate.com
Only 18 percent are more...
| Jul 25, 2012
| 4:55 PM
T. Rowe Price Group said earnings rose to $206.8 million for the second quarter on record revenue of $736.8 million, results that fell below analysts' expectations and sent the company's shares tumbling Wednesday.
On a per-share basis, the Baltimore-...
| Jul 26, 2012
| 8:18 AM
Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world.
The Dow jumped more than 250 points in...
| Aug 17, 2012
| 1:54 PM
For yet another month, Maryland's unemployment rate inched upward, reaching 7 percent in July, the U.S. Department of Labor reported Friday.
Maryland, however, saw an increase in 800 jobs last month, the first gain since February.
"The fact that the...
| Aug 27, 2012
| 2:27 PM
Global arms transfer agreements between governments – both developing and developed – nearly doubled last year to $85.3 billion, reaching their highest level since 2004.
The U.S. dominated as a supplier, making $66.3 billion from transactions...
| Oct 11, 2012
| 10:17 AM
Maybe it was the soaring unemployment, or possibly the deep debt crisis. But as Greece struggles with its myriad troubles, its largest company, Coca-Cola Hellenic, is jumping ship to more stable ground.
The company, one of the world’s largest...
| Oct 30, 2012
| 8:51 AM
Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management.
The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
| Oct 31, 2012
| 8:13 AM
Unemployment in the 17 nations that make up the Eurozone monetary union reached a record high in September, hitting 11.6% as 18.5 million people found themselves jobless.
That’s 146,000 more workers who lost their jobs last month, according to...
| Jul 5, 2012
| 10:57 AM
The effects of the euro zone debt crisis has reached into some of the holiest of halls, pushing the Vatican into one of its worst budget deficits in years.
The Holy See on Thursday reported a shortfall of 14.9 million euros, or $18.4 million.