US House Republicans back 3-month debt limit rise
Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
19 January 2013 14:53
US confronts new north Africa crisis
The United States was rocked Thursday by a new crisis spurred by Islamic militants amid a deadly hostage-taking in Algeria, prompting warnings to US interests in north Africa to boost security.
19 January 2013 12:20
Sony selling Madison Avenue HQ building for $1.1 bn
Sony said Friday it was selling its US headquarters in Manhattan for $1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.
19 January 2013 10:44
IMF releases aid to Greece after long delay
After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.
Boeing crisis deepens as US, Japan ground Dreamliner
Boeing suffered another huge blow on Wednesday as US and Japanese regulators grounded its 787 Dreamliner until a fire risk linked to the plane's lithium batteries can been resolved.
17 January 2013 18:34
Regulator grounds Air India Dreamliners
India's aviation regulator said Thursday it had instructed Air India to ground its fleet of Boeing Dreamliners following similar orders from authorities in the United States and Japan.
Bernanke urges Congress to lift debt ceiling
US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.
China bank's 'sexist' promotion sparks outrage
A Chinese bank's offer to automatically transfer most of a husband's income to his wife's account has provoked fury, with some calling it "the most atrocious banking service against men in history".