Spain’s new government has revised up its forecast for the country’s 2011 budget deficit to 8% of GDP from the 6% target of the previous government, as it approved budget cuts and new taxes.
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Spain Expects Wider Deficit
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Lawmakers Lose in Markets
Some members of Congress took losses trading stocks and committed basic investing mistakes, according to a Wall Street Journal analysis of financial disclosures.
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Lawmakers Lose in Markets
Iowa’s Evangelical Rift Could Curb Influence
The crucial evangelical vote in Iowa is fractured and uncertain just days before the first ballots will be cast in the Republican presidential race, potentially boosting Mitt Romney.
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Iowa’s Evangelical Rift Could Curb Influence
Boeing Examines Supply Chain for Weak Links
Boeing’s production struggles with its 787 Dreamliner taught it to regularly stress-test suppliers, a skill that is now coming to the forefront as it tackles a mountain of orders for its best-selling 737 jets.
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Boeing Examines Supply Chain for Weak Links
China Growth Continues to Slow
The final HSBC China Manufacturing Purchasing Managers Index rose in December compared with November, but remains in contractionary territory, adding to evidence that growth continues to slow.
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China Growth Continues to Slow
Iran to File in U.S. Court to Unfreeze Funds
Iran’s central bank is preparing to file a motion in a New York federal court early next year to release nearly $2 billion of its frozen funds at Citigroup Inc.’s Citibank unit, according to attorneys for the Iranian bank.
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Iran to File in U.S. Court to Unfreeze Funds
Court Frees Up Hurd Letter
A letter that touched off an investigation leading to Mark Hurd’s resignation as chief executive of H-P should be made public, a court ruled, a blow to Mr. Hurd’s efforts to keep its contents secret.
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Court Frees Up Hurd Letter
Biscotti: The Best Product Packaging Since the iPod?
Biscotti TV Phone Box Click here to view this gallery. A cookie-shaped, easy-to-use, $199 video-conferencing solution is impressive, but wrapping it up in packaging that resembles a mash-up between Apple’s design elegance and Henny Youngman ‘s penchants for one-liners is an altogether different level of accomplishment. Introduced last month at the Consumer Electronics Association’s annual New York-based CES Unveiled preview event ( CES 2012 kicks off on Jan. 9 in Las Vegas), the Biscotti TV Phone is a home video-conferencing gadget that works with your HDTV . Each biscotti-cookie-shaped unit cost $199 and works with any other unit via Biscotti’s proprietary network. You can also chat with anyone on GChat (sorry, no Skype). That’s all pretty cool and I’ll be test driving shortly to see if Biscotti works as advertised. In the meantime, though, let’s all spend a moment oohing and ahhing over this extremely well-thought-out packaging. As with the best packaging, there’s little wasted space.
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Biscotti: The Best Product Packaging Since the iPod?
Sears Details Closures
Sears Holdings identified 79 of the stores the retailer is planning to close, with nearly half being Kmart locations and Florida having the most closures by state.
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Sears Details Closures
Banks Face Off For Facebook IPO
Goldman Sachs and Morgan Stanley are the front-runners for the prestigious and lucrative job of leading Facebook’s IPO. Still, other investment banks aren’t giving up.
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Banks Face Off For Facebook IPO