business & economy
Canada is emerging as the largest supplier of energy to the United States. It's electricity, natural gas and oil are all being shipped to America, but environmentalists there and here say it's coming with a hefty price tag.
In what was a highly anticipated announcement, Apple announced that it would be reducing — or at least stemming the growth — in its cash accounts by doing what most investment experts said they would do: issue a regular dividend and buy back shares. Some of Apple's fans had hoped for a big move, like purchasing a company or unveiling some new product.
Long-term unemployment numbers are the highest they've been since the Great Depression. Unfortunately, it is still difficult to find a job in this economy, and experts are predicting that’s not going to change anytime soon.
In Greece, the economic downturn and debt crisis has forced an increasingly large number of people out on the street. The government shelters can't do enough, so it's left up to private groups. And they're struggling to meet the burden.
Treasury Secretary Timothy Geithner made what some have called an outrageous claim about the roles of American citizens and their government, in calling for the most fortunate Americans to bear the burden of the privilege of being an American by paying higher taxes. Is it a privilege to be an American? And if so … what does that privilege cost?
Russia makes a big deal out of International Women's Day. Women are celebrated, getting flowers and gifts. It's described as a combination of Mother's Day and Valentine's Day — all rolled into one.
As Greece's economy struggles to come back to life, one German is doing his part to get things going. He's long been a connoisseur of wine and eight years ago he moved to Greece to get involved in that country's wine market. Now he's trying to bring Greek wine to the world.
As Spain's economy roared, Spanish farmers were able to sell their land for giant profits. But when the economy tanked, farmers who were poised to sell the land were stuck with higher tax bills and no one looking to build new developments.
Later this month, General Motors will temporarily stop production on its plug-in electric hybrid, the Chevy Volt. Sales of the vehicle have been below expectations and rather than start discounting the vehicle, General Motors will try to sell through inventory before restoring production.
Geir Haarde is thought to be the first world leader to be put on trial for his role in his country's 2008 economic crisis. The trial of the former Iceland prime minister started on Monday.