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AP Business News
02/10/2012 13:50:48
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Greek PM says default would lead to "chaos"
ATHENS, Greece (AP) — Greece's future in the euro grew increasingly precarious Friday as violence erupted on the streets of Athens and dissent grew among its lawmakers after European leaders demanded deeper spending cuts. More » |
 Stocks fall sharply as Greek deal is held up
NEW YORK (AP) — U.S. stocks fell sharply Friday, interrupting the Dow Jones industrial average's steady climb toward 13,000, after Greece hit a roadblock on its way to a critical international bailout. More » |
Bernanke: Weak housing has hurt consumer spending
WASHINGTON (AP) — Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years. More » |
 Trade deficit widens to $48.8 billion in December
WASHINGTON (AP) — Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region's debt crisis will still weigh on the U.S. economy this year. More » |
 US investigates door fires in 2007 Camrys, RAV4s
DETROIT (AP) — Federal safety regulators are investigating reports of fires in the driver's side doors of 2007 Toyota Camry sedans and RAV4 crossover SUVs. More » |
NYSE Euronext profit down on blocked merger costs
PARIS (AP) — NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse caused a slump in fourth quarter earnings. More » |
Obama call for manufacturing revival a tough goal
WASHINGTON (AP) — President Barack Obama is making a strong election-year push for an economic revival "built on American manufacturing." But he faces an uphill slog, with little consensus even within his own party on how to do it. More » |
Oil prices tumble on European debt concern
NEW YORK (AP) — Oil prices are falling with a critical bailout plan for Greece's economy in limbo, again raising the specter of bank failures in Europe. More » |
LA co. challenges Kodak move to dump theater deal
ROCHESTER, N.Y. (AP) — The owner of Hollywood's Kodak Theatre is challenging bankrupt Eastman Kodak Co.'s effort to end its sponsorship agreement and have the company's name removed from the Academy Awards venue. More » |
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