Christian Science MonitorPostal plants to shrink, 28000 jobs at stakeCNNMoneyBy Jennifer Liberto @CNNMoney May 17, 2012: 12:57 PM ET WASHINGTON (CNNMoney) — The US Postal Service announced on Thursday it's moving forward with a $2.1 billion cost-s…
The Associated PressUS STOCKS-Futures fall on Europe concern, data on tapReuters* European shares hit fresh 2012 low * Weekly jobless claims data on tap * Wal-Mart shares rise after results * Futures down: Dow 35 pts, S&P 4.1 pts, Nasdaq 10.5 pt By…
BBC NewsBankia customers pull out over 1 billion euros: reportReutersBy Sonya Dowsett | MADRID (Reuters) – Customers at nationalized Spanish bank Bankia SA (BKIA.MC) have taken out more than 1 billion euros ($1.3 billion) over the past week in a sign o…
AFPSingapore Economy Expands 10%, But Warns on Europe CrisisBusinessWeekBy Shamim Adam and Weiyi Lim on May 16, 2012 Singapore's government said the risk of a “disorderly” debt default in Europe can't be ruled out, clouding the outlook for …
Business InsiderSeveral on FOMC Said Easing May Be Needed on FalteringBloombergSeveral Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action to keep the recovery on …
BBC NewsECB "Strongly" Wants Greece To Stay In Euro ZoneWall Street JournalBy MARGIT FEHER FRANKFURT (Dow Jones)–The European Central Bank wants Greece to remain in the euro zone while the decision for Greece's possible exit from the cur…
Industrial Production in US Climbs More Than ForecastBloombergIndustrial production in the US climbed more than forecast in April, propelled by gains in auto manufacturing and utility use. Output at factories, mines and utilities increased 1.1 percent …
Christian Science MonitorHollande takes power in France amidst lightningChristian Science MonitorAfter he assumed the presidency in a Paris ceremony, the new French president headed for Germany to meet with Chancellor Angela Merkel. By Greg Keller and …
CBS NewsGeneral Motors to pull ads from FacebookLos Angeles TimesGM's decision to stop its paid advertising on Facebook comes as investors have been weighing revenue prospects on the social networking site. News about the Facebook IPO outside NASDA…
AgWebWheat prices climb as dry spell hits Kansas cropThe Associated PressBy AP – 1 minute ago Wheat prices are climbing as crop conditions in parts of Kansas are deteriorating in dry weather. Wheat rose 10.25 cents to finish Tuesday at $6.085 per bus…