News

EU Fines Microsoft $731M

The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other ...

U.S. Scientists Report 2012 Surge In CO2 Levels

The amount of heat-trapping carbon dioxide in the air jumped dramatically in 2012, making it very unlikely that global warming can be limited to another 2 degrees (1.2 C) as many global leaders have ...

Ex-DEP Boss: Buy Out Flood-Prone NJ Homes

As lawmakers consider a package of bills to help the state recover from Superstorm Sandy, a former state environmental protection commissioner says the storm provided a golden opportunity to buy out ...

U.S. Service Sector Grows At Fastest Pace In A Year

The pace of growth in the vast U.S. services sector accelerated to its fastest pace in a year in February, helped by a rise in new orders and demand for exports, an industry report showed on Tuesday. ...

Banks Urge U.S. Judge To Throw Out LIBOR Lawsuits

Banks facing a barrage of lawsuits from customers accusing them of interest-rate rigging argued on Tuesday that the cases should be dismissed, saying there is no evidence of antitrust or other ...

Spain Sees EU Flexibility On Budget Deficit Goals

Spain joined France on Tuesday in pleading for more time to reduce its budget deficit, saying it believed the European Commission was warming to the idea to avoid deepening the country's recession. ...