Jan 27, 2012 02:24PM

The Welsh Economy Slips, but London Cushions the Fall

The British government?s so-called money transfers prop up its poorer regions, keeping them from the kind of collapse suffered in euro zone nations like Greece.

Jan 27, 2012 02:39PM

U.S. Recovery Slowly Gained Speed in Late ?11, Data Show

The American economy picked up a little steam last quarter, with output growing at an annualized rate of 2.8 percent, a faster rate than the 1.8 percent of the third quarter.

Jan 27, 2012 02:08PM

Shares Hesitate After Growth Disappoints

Wall Street traded mixed Friday after data showed the American economy grew less than expected in the fourth quarter.

Jan 27, 2012 07:13AM

Ford Posts Third-Straight Annual Profit

The automaker?s earnings for 2011 were the largest in 13 years after a one-time gain in the fourth quarter.

Jan 27, 2012 01:31PM

The Lede Blog: Twitter's New Policy on Blocking Posts Is Attacked, and Defended

Twitter incited anger among its international users on Friday after it announced a new method of blocking individual posts from appearing in certain countries. But some Internet advocacy groups defended it.

Jan 27, 2012 07:26AM

GDP grows 2.8% at year's end but rate falls short of expectations

The American economy ended a year of mostly disappointments with modestly stronger growth, but still less than what was hoped for by many analysts.

Jan 27, 2012 02:31PM

Stocks slip after GDP report disappoints

Stocks are closing mostly lower on news that the U.S. grew at a slower pace than expected in the fourth quarter.

Jan 26, 2012 06:58PM

Wall Street clicks 'like' on Facebook IPO

Facebook's expected public offering could mean pandemonium for investors and big fees for brokerages.

Wall Street is about to get Facebook fever.

Jan 27, 2012 11:47AM

Losses in Europe and Asia hurt Ford's fourth-quarter profits

Ford Motor Co. reported a giant annual profit, but much of the gain came from a special tax allowance, and the company said its operating earnings were hurt by losses in Europe and Asia and rising commodity prices.

Jan 27, 2012 10:02AM

Refinery business is a drag on Chevron earnings

There are still many billions of dollars to be made in the old oil patch, even with the world far more focused on alternative and renewable sources of energy. But the business of refining that oil into various fuels is still a hard way to make a buck.

Jan 27, 2012 05:00AM

O'Hare keeps No. 2 ranking in total flights

Midway retains 27th spot on FAA listing

O'Hare International Airport, which was the world's busiest airport from 1961 through 1997, remained stuck in the No. 2 spot last year in the U.S. as measured by the number of flights, the Federal Aviation Administration said Thursday.

Jan 27, 2012 10:38AM

Akira to open flagship store in Hyde Park

Clothing retailer Akira plans to move into the vacant Borders book store in Hyde Park.

Jan 26, 2012 11:00PM

Elkhart's electric car bet sours

A Russian investor who recently purchased the bankrupt parent of the Think electric car company has been silent about its future. And government-backed Indianapolis battery-maker that was to supply Think declared bankruptcy on Thursday

The view from inside Think City's plant here is the worst nightmare for politicians betting on electric vehicles to drive job growth.

Jan 27, 2012 08:38AM

Lawmakers press Google on privacy policy

A leading lawmaker on privacy issues said on Thursday he would ask for a probe into whether recently announced changes in how Google handles consumer data violated an agreement it made with the U.S. Federal Trade Commission.

Jan 27, 2012 05:34AM

Move being made to take over John Hancock Center?

From Bloomberg News: There could be a takeover fight brewing for Chicago's 100-story John Hancock Center as owners run out of time to refinance debt taken on during the property boom.

Jan 26, 2012 07:53PM

Google+ to allow teens to log in

Google, facing growing scrutiny over its approach to consumer privacy, said Thursday it would open its social networking site to teenagers, matching the policies of its rivals, such as Facebook and MySpace.

Jan 27, 2012 10:13AM

Europe?s debt crisis stretches on

PARIS ? Despite months of urgent summits, repeated rescue plans and merciless budget cuts, European governments remain on the edge of a financial abyss, struggling to meet mountainous debts accumulated over four decades of living beyond their means.

Jan 26, 2012 05:10PM

California company buys Rockville biopharmaceutical firm for $1.16 billion

Rockville-based Micromet, a biopharmaceutical firm that creates antibody-based cancer treatments, agreed to be bought Thursday for $1.16 billion by Amgen, a biotechnology company in Thousand Oaks, Calif.

Jan 26, 2012 05:10PM

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Jan 27, 2012 12:06PM

Report: Facebook to file IPO next Wednesday

Facebook is planning to file its initial public offering next Wednesday, according to a report from the Wall Street Journal. The exact timing is reportedly still being discussed.

The newspaper reported that Morgan Stanley is close to being picked as the underwriter for the company?s IPO, which is expected to have a valuation between $75 and $100 billion dollars.

Mar 09, 2011 10:03PM

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