BERLIN (AP) — A union representing German train drivers says they have voted to go on strike in a pay dispute with the state-owned national railway and smaller private operators.
The GDL union said Monday more than 90 percent of members who voted in a ballot supported strikes. The DAPD news agency said it didn't specify when they would walk out.
The union already has staged several …
NEW YORK (AP) — Treasury prices mostly dipped Wednesday after tepid demand at an auction of $35 billion in five-year notes.
The price of the 10-year Treasury note slipped 25 cents per $100 invested. Its yield, which moves in the opposite direction, rose to 3.49 percent from 3.46 percent late Tuesday.
Short-term and medium-term bonds pared back their gains from Tuesday, when concerns over escalating tension in Libya led traders to seek safer investments. The 30-year bond still drew interest, pushing its price higher.
Investors are also considering the potential economic effects of a spike in oil prices caused by spreading unrest in North Africa and the Middle …
IN HIS FIRST YEAR AS CEO OF GIANT BNY MELLON CORP., ROBERT KELLY IS NOT ONLY NAVIGATING THE TRICKY LIQUIDITY AND CREDIT TERRAIN WROUGHT BY THE SUBPRIME CRISIS, BUT HE IS ALSO EXECUTING A MEGAMERGER. SOUNDS TOUGH. BUT SIMPLICITY IS A VIRTUE, AND KELLY IS PROVING THAT DOING A COUPLE OF COMPLEMENTARY THINGS GLOBALLY-AND EXTREMELY WELL-CAN GENERATE TOP-FLIGHT PERFORMANCE.
Robert Kelly has been a CEO for little more than two years, but few people know the ins and outs of financial markets-or how to pull off a successful big merger-better than the head of the recently merged Bank of New York Mellon Corp.
While running Toronto Dominion Bank's European trading desk in the 1980s, …
The national average price for regular gasoline rose about 15 cents in the last two weeks, according to a survey.
The average price of self-serve regular gasoline on Friday was $3.62 a gallon, up 15 cents from two weeks ago. Mid-grade was at $3.74 and premium was $3.85. That's all according to the Lundberg Survey of 7,000 stations nationwide released Sunday.
Regular gasoline is up 55 cents since 2008 began.
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Civil servants staged a 24-hour strike Thursday against austerity measures and expected job cuts by Greece's crisis-plagued government, while the EU's statistics agency added to the financially stricken country's woes, revising its budget deficit upwards.
Eurostat said Greece's budget deficit in 2009 was 13.6 percent of gross domestic product, instead of the previously predicted 12.9 percent, while the ratio of government debt to GDP stood at 115.1 percent, the second highest in the EU after Italy.
The agency also expressed "a reservation on the quality of the data reported by Greece," and said the 2009 figures could be revised further, to the …
It's an ordinary office in a Chicago suburb until Richard W.Gilbert unfolds his big map of the Atlantic Ocean. Suddenly you areback in 1492 on the pitching deck of the Santa Maria with ChristopherColumbus.
Or just as suddenly you're in 1992, in the near future, aboardthe ketch Empresa with Gilbert and five friends, retracing Columbus'first voyage to the New World.
This is no ordinary map in Gilbert's hands. This one gives thespeed and direction of the currents and the winds at various pointsin the Atlantic.
Gilbert and pals, all good amateur sailors, intend to use thistype chart when they sail from the harbor of Palos de la Frontera,Spain, exactly 500 …
CHARLOTTE, N.C. (AP) — Less than two years after going 12-4 and winning the NFC South, the Carolina Panthers have become the front-runner in a much different competition: Securing the worst record in the NFL and the ensuing top pick in the draft.
After an offseason youth movement that's produced shockingly little depth and the league's worst offense, the Panthers (1-9) sunk to the bottom of the NFL on Sunday in a day of new lows.
There was the sight of journeyman Brian St. Pierre becoming the first quarterback in seven years to have interceptions returned for touchdowns on consecutive passes in the 37-13 loss to Baltimore. Perhaps an even uglier display for owner Jerry …
