January 7, 2013 The agreement resolves claims against the bank about mortgage-backed securities it sold before the housing bust. Many weren't worth what was promised. Also today, BofA and other banks are expectd to settle claims related to alleged foreclosure abuses.
January 7, 2013 WSHUThe coffee giant recently partnered with the Rodarte fashion house to offer a holiday collection. It's the latest example of high-end designers teaming up with mass-market retailers to make money while showing their work to a broader audience.
January 7, 2013 Brazil is now a world power when it comes to food production. And a leading symbol of that might is Katia Abreu, a senator, landowner and head of the country's most powerful Big Agro association. But environmentalists say limits need to be placed on the farming industry in order to protect the forests of the Amazon.
January 6, 2013 The paper industry once employed thousands of people across the state. Now, mills are closing. John Schmid of the Milwaukee Journal Sentinel reported on the state of the industry in Wisconsin as well as in China. He explains how the state is losing a publishing-grade paper mill each year.
January 6, 2013 As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.
January 5, 2013 In most of Britain, property prices are slumping amid a weak economy. But mega-rich foreigners see London's upscale neighborhoods as a safe place to invest, and they are snapping up properties and pushing up prices even though many don't plan to use these homes as a primary residence.
January 5, 2013 Buyers are snapping up property in Germany, leaving some analysts worried that it's a bubble in the making. But others say the conservative approach to home ownership, including a tradition of large down payments, will protect the market from a U.S.-style crash.
January 5, 2013 Friday's jobs report showed moderate growth, but much remains the same for people who have been out of work for months. As the job market itself changes, some of the longer-term unemployed can be among the last to get hired because of a real or perceived lack of skills.
January 4, 2013 Two years after a food safety bill became law, the FDA issues a rule to prevent foodborne illness in produce and one to require food manufacturers to have plans in place to prevent contamination. Foodborne illness sickens about 48 million Americans each year.