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Some unions now angry about health care overhaul
When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the new law — problems that they say could jeopardize the health benefits ...
France won't force companies to cap executive pay
The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced Friday that the government no longer plans to push for a law to cap executive salaries in the private sector. Instead, Moscovici ...
Oil falls below $94 on weak outlook for demand
The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand. By early afternoon in Europe, benchmark oil for July delivery was down 70 cents to $93.55 a barrel in electronic trading on the New York Mercantile Exchange. On Thursday, the ...
Futures slide; markets appear headed for down week
Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next. Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641.10. ...
Procter & Gamble brings back A.G. Lafley as CEO
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move comes as the world's largest consumer-products maker tries to ...
Top Swiss negotiator in tax disputes steps down
Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday that Michael Ambuehl will leave his post at the end of August and go into academia. The move comes at a crucial time for Switzerland, which ...
Bridge Collapse Survivor: 'Rough Day'
Bridge collapse survivor Dan Sligh described his entire ordeal while talking to reporters in Washington State. Sligh was driving on the I-5 Bridge over the Skagit River when a section of it collapsed, sending his vehicle into the water. (Ma...
German business confidence unexpectedly rebounds
German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday. The Ifo think tank's confidence index rose to 105.7 points for May from 104.4 last month. The upturn followed two ...
Officials: Truck Hit Bridge Before Collapse
Washington State officials say a truck apparently hit a part of a bridge, before a section of the bridge collapsed into the Skagit River. Three people were rescued. Officials are certain that everyone who went into the water is accounted fo...
Officials: Truck Hit Bridge Before Collapse
Washington State officials say a truck apparently hit a part of a bridge, before a section of the bridge collapsed into the Skagit River. Three people were rescued. Officials are certain that everyone who went into the water is accounted fo...
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