Facebook Shares Hit New Low
Stocks sink 7.1 percent after early investors get permission to sell.
Economics
In Canada, German Chancellor Haunted by Euro Crisis
Merkel hopes to hit up her hosts for contributions to the save-Greece fund
Cops Open Fire on South African Miners
Labor strike and clashes between strikers and police continue
Paul Ryan and the Real Enemy of Medicare
It's easy to improve health care if cost is no object. It's easy to reduce costs if you can tolerate worse health outcomes.
Victims of Beirut Bombing Sue Standard Chartered over Iran Ties
The bank on Tuesday agreed to pay $340 million to New York State's financial regulator to settle allegations that it concealed Iran-linked transactions worth a total of $250 billion.
More Facebook Shares About to Hit Market
Employees and early investors will be allowed to start selling Thursday.
California Bondholders Pay for Pension Explosions
Bankrupt cities halt payments to the bondholders who bought into its pension obligations
Progressives Shift Money to Union-Owned Bank
Amalgamated Bank is controlled by the well-connected SEIU
No Economic Boost From Olympics
Tour firms, hotels and restaurants complain of slow business
Bitcoin Makes First Appearance in a Lawsuit
Theft at a large exchange sparks legal action over the alternative currency
Germany, Not Greece, Should Leave the Eurozone
Why should Germany continue to pay for the fiscal mistakes of other countries?
Billions in Subsidies for Big Sporting-Goods Chains
Bass Pro Shops and Cabela's have generous friends in high places
Romney Avoids Ryan's Medicare Proposals
The presumptive GOP nominee has distanced himself from cuts proposed by Paul Ryan.
Australia Plain Packaging Legislation Upheld
Tobacco industry has vowed to continue the fight against the legislation.
Germans Arrested on Suspicion of Helping Iran Build Nuclear Facility
The four men are thought to have illegal supplied the Iranian government with material needed to build a nuclear reactor.
Most Are Not Happy With Where We're Going
Seventy five percent of Americans are unhappy with the direction of the country.
Bill Gates Backs Crap Innovation
The multi billionaire is investing in new toilets, including one that converts excrement into charcoal.
Defense Cuts Are Not the End of the World
It's a little rich to hear conservative Republicans treat national security as if it were a federal jobs program
10 Dead in Clash Between Unions at Mine Strike in South Africa
Law enforcement and other government officials say they're trying to defuse the situation
Aussie Fast Food Chains Threatened By Weekend "Penalty" Wages
Because hiking the cost of labor couldn't have any unintended consequences
Government Keeps Growing, Despite Claims To the Contrary
Government employees rise and fall as a percentage of the workforce, but they cost ever-more
Businesses Out-Competed by Captive Labor
Government firm that uses low-paid prisoners has first dibs on federal contracts
Usain Bolt Just Says No to UK's Taxes on Non-Resident Athletes
Her Majesty just wants her cut of the fruits of other people's labor
Groupon 's Shares Sink
Groupon's stock recently traded at $5.82, down 23% and below the lowest closing price since Groupon went public in November at $20 a share.
Wells Fargo to pay $6.5 Million to SEC
Will settle allegations of selling risky mortgage-backed products to non-profits, municipalities.
California Officials Asked Local Governments For Money for Park With a $54 Million Surplus
An independent state audit intends to find how the money was hidden
Spain Borrowed a Record $463 Billion in July From ECB
The amount is 11 percent higher than borrowing in June.
Auto Bailouts More Expensive Than Previously Estimated
Taxpayers are on the hook for an extra $3.2 billion.
Black Swan Interns Suing Over Unpaid Work
Interns who worked on the award-winning film are suing Fox Searchlight and Twentieth Century Fox.
UK Inflation Rises After Fall
Rise attributed to increased air fares and and a fall in the number of discount shops.
