King Seen Writing U.K. Inflation Letter as 3% Overshoot Persists - Bloomberg

Bank of England Governor Mervyn King will probably have to write a 10th consecutive letter to Chancellor of the Exchequer George Osborne to explain why […]

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Rousserff Rate Cut Crusade Undermines Brazil

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Visa, MasterCard head to hearing over high fees

A high-profile battle over how much merchants

Greek winning parties call for bailout changes

The heads of the two parties projected to earn the most votes in Greece’s election have called for changes in the country’s international bailout terms, […]

Ford, GM report weaker April auto sales

General Motors and Ford reported weaker April sales, hurt by lower demand for compact and subcompact cars.
Chrysler, however, posted a 20-percent rise in sales. Its […]

Indian economic advisor: no big reforms until 2014

The Indian government’s chief economic adviser says India won’t likely pursue any major economic reforms until after 2014 parliamentary elections.
Kaushik Basu said this week at […]

Reebok agrees to recall Tebow T-shirts

Reebok has reached a settlement with Nike, agreeing to stop producing sports apparel with the name of football star Tim Tebow, according to court […]

U.S. corporate tax rate: No. 1 in the world

On Sunday, the United States gets a distinction no nation wants — the world’s highest corporate tax rate.
Japan, which currently has the highest rate […]

Lions Gate shares up on ‘Hunger Games’ huge debut

Lions Gate Entertainment seized a pot of gold.
When the film and television production company bought Summit Entertainment in January, the deal brought bankable teen franchises […]

Economy adds 227K jobs, jobless rate unchanged

U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession began. The unemployment rate was unchanged, […]