Ex-UK PM Blair appears at media ethics inquiry - Palm Beach Post
28 May 2012, 4:55 am
LONDON — Former British Prime Minister Tony Blair was questioned Monday by an inquiry into media ethics set up to deal with the fallout from the phone hacking scandal at Rupert Murdoch's News Corp. Blair, who served as prime minister between 1997 and ...

Asia stocks muted amid Greek uncertainty, US break - Palm Beach Post
27 May 2012, 10:14 pm
BANGKOK — Asian stock markets were muted Monday amid continuing uncertainty about Greece's future in the euro currency union and ahead of a holiday in the U.S. The likelihood of Greece leaving the euro has been growing steadily since early May, when ...

Greek Pro-Euro Party Regains Upper Hand in Polls - moneynews (blog)
27 May 2012, 2:14 pm
Greece’s New Democracy party placed first in all six opinion polls published in the country Saturday, as its leader Antonis Samaras said the cost of leaving the euro area would be greater than staying in the shared currency. New Democracy, whi ...

Icahn sinks his teeth into Chesapeake - Marketwatch
25 May 2012, 5:37 pm
SAN FRANCISCO (MarketWatch) — Carl Icahn confirmed Friday that he’s bought a 7.56% stake in badly wounded, horribly run Chesapeake Energy Corp. That gives him more than enough clout to shake Chesapeake’s boardroom to the bone, and that’s ...

Spain's Wealthiest Region Seeks Government Aid on Debt - moneynews (blog)
25 May 2012, 8:05 am
Spain's wealthiest autonomous region, Catalonia, needs financing help from the central government because it is running out of options for refinancing debt this year, Catalan President Artur Mas said on Friday. "We don't care how they do it, but ...

Pay freeze Britain: Thousands of private sector workers and half of all state staff see wages frozen - This is Money
25 May 2012, 5:34 am
More than half of public sector workers are enduring a pay freeze this year while hundreds of thousands of private sector workers face a third consecutive year without a rise in salary, a survey has revealed. As many as 55.2 per cent of public sector ...

Bankia shares suspended with stricken Spanish bank expected to ask government for £12bn bailout - This is Money
25 May 2012, 4:58 am
Trading of Bankia shares was suspended in Madrid today because the stricken lender is expected to ask the government for a £12bn bailout. The news that Spain's fourth-biggest lender, which has been crippled by bad property loans, is going to the heavily ...

OECD hawkish on BoC rate hikes - Canoe
22 May 2012, 11:00 am
The Bank of Canada should resume raising interest rates this autumn to help cool the country’s hot housing market and allow the bank to reach its inflation target, the Paris-based OECD said on Tuesday in a report more hawkish than most market players ...

Facebook Frenzy Is About Separating Fools From Their Money: News Analysis - advisorone.com
18 May 2012, 2:47 pm
As Friday’s Facebook frenzy approached, the clamor for shares of the IPO was so great that it guaranteed one outcome and almost guaranteed another: that Facebook’s founders would be even richer than they thought and that “investors ...

Donna Summer Dead: Media Figures React To Legend's Passing (PHOTOS) - Huffington Post
17 May 2012, 3:09 pm
The world lost another legend when Donna Summer passed away on Thursday. She died at the age of 63, after battling lung cancer. Summer, who was lovingly known as "the queen of disco," left her mark with songs like "Love to Love You Baby" and ...