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4 top European leaders back $163-billion growth package
World NowLeaders of the four major Eurozone countries agreed Friday to push for a $163-billion growth package, a week before a planned European summit considered crucial to the future of the monetary union.... -
EU summit produces surprise moves to bolster struggling euro
World NowEuropean Union leaders surprised and impressed markets worldwide Friday by taking unexpectedly decisive action to boost confidence in the struggling euro common currency at a summit where little had been expected except impasse and discord.... -
Spain pauses amid downturn to celebrate soccer win
World NowMADRID -- The national soccer team's win at the European Championship has given Spain a little respite from its dismal economic news. The team arrived home Monday to a massive nationwide party, with hundreds of thousands of Spaniards crowding the... -
Europe ponders 'banking union' to avert further euro crises
World NowEuropean leaders called Wednesday for the 17-nation Eurozone to create a "banking union" to collectively stabilize struggling financial institutions and protect national governments from taking on excessive debt to bail out their banks.... -
Eurozone crisis: A love-hate relationship imperils the currency
World NowGlobal focus: The Irish voted "with a heavy heart" this week to tough out the hardships of remaining a member of the Eurozone. Greek and French voters protested the pain of austerity by throwing out leaders who had been slashing jobs and services to... -
Euro zone unemployment at record high 10.9%
Unemployment in the 17 countries that make up the euro zone was at a record high of 10.9% in March, according to a new report that likely has incumbents in Sunday’s elections breaking into a cold sweat. The jobless rate is up from 10.8% in February...
Tags: Labor Markets, Automatic Data Processing, Inc., Unemployment, Career and Workplace, Economy, Business and Finance
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Toyota predicts double the profit in 2013; Q4 income quadruples
After dealing with floods, earthquakes and a super-strong yen, Toyota Motor Corp. is following a fourth quarter in which income quadrupled with a similarly optimistic forecast for 2013. The Japanese car company, which last year relinquished the title...
Tags: Japan Earthquake and Tsunami (2011), Manufacturing and Engineering, Akio Toyoda, Product Recalls, Toyota
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Slowing down in Big Sur
Special to the Los Angeles TimesUntil recently, my relationship with central California's magnificent Big Sur coast was all about the drive. Ninety-three miles of zigzagging, fog-attracting, life-affirming, white-knuckling Highway 1 to savor from behind a windshield during the day and...Tags: Gardens and Parks, Road Transportation, Travel, Trips and Vacations, Hotel and Accommodation Industry
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Euro crisis imperils recovering global economy, OECD warns
World NowMost major economies are enjoying growth and recovery after four years of turmoil but the improvements are uneven and the Eurozone crisis could spill outside Europe "with very serious consequences for the global economy," the Organization for Economic... -
A post-elections reality check in the Eurozone
World NowGoodbye, campaign - Hello, reality. The headline in Monday's Sueddeutsche Zeitung, one of Germany's most influential newspapers, couldn't have said it better in looking at the realistic alternatives Europeans have for reining in spending to protect... -
Pain now or pain later? Europeans prefer putting it off
World NowWith more than half of the 17 Eurozone countries slipping back into recession in recent months and popular discontent reaching a crescendo, overseers of the European common currency may be more likely to heed the hurting countries' calls for stimulus... -
Greek leftists flirt with bailing on the bailout, no immediate takers
World NowLeftist politicians changed the conversation in Greece Tuesday from what further sacrifices the heavily indebted Balkan nation needs to make to stay in the Eurozone to bailing on the common currency and reneging on promises to make deeper spending cuts...
Jun 22, 2012
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Jun 29, 2012
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May 30, 2012
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Jun 2, 2012
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May 2, 2012
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May 9, 2012
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Aug 21, 2011
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May 22, 2012
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May 7, 2012
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May 8, 2012
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May 8, 2012
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