Latest Europe Business News
RSS-
Barroro voices concern over estimated one trillion euro tax evasion
BRUSSELS - Voicing concern about tax evasion that is estimated at one trillion euros, European Commission President Jose-Manuel Barroso said Tuesday that EU leaders will meet at a one-day summit on Wednesday to negotiate solution. The European Union can't afford to let tax evasion go on the way it is. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial ...
-
German central bank sees signals of economic pick up in Q2
FRANKFURT - Germany's central bank Deutsche Bundesbank expects the country's economy to improve "markedly" in the second quarter relying on signals of pick up in industrial orders and likelihood of weather related downturn in construction sector no longer impacting investment sentiments a development that could boost the wider eurozone as it struggles to get out of recession. "Overall ...
-
Oklahoma short on storm shelters
Oklahoma know all too well the destructive power of a tornado, but when a big one rolled toward the town of Moore again on Monday, residents had few basements ...
More Europe Business News
RSS-
Immigration bill clears key Senate panel
Senate Judiciary Committee 's action, saying the bill was consistent with the goals he has expressed. "I encourage the full Senate to bring this bipartisan bill to the floor at the earliest possible opportunity and remain hopeful that the amendment process will lead to further improvements," Obama said in a statement released by the White House. By a vote of 13-5, the Senate ...
-
Freeport Indonesia Death toll rises to 28 after tunnel accident
View Photo Reuters/Reuters - Workers from Freeport-McMoRan Copper & Gold Inc gather during a protest over an accident where 39 workers attending an underground training were trapped when a tunnel collapsed, at Mile ...
-
Rare Harry Potter first edition fetches record auction price
Rare "Harry Potter" first edition fetches record auction price (Reuters) - A unique first edition of "Harry Potter and the Philosopher's Stone" annotated by author J.K. Rowling has sold for a record 150,000 pounds ($227,421) at ...
-
Lawyer No background check done on Jacksons doctor
AEG claiming it failed to properly investigate Murray, who was deeply in debt when he agreed to serve as Jackson's tour physician in 2009 for $150,000 a month. Trell said he thought a background check would be appropriate for people working in financial roles, but not tour personnel who weren't employees of AEG. Murray's employment status is a central issue in the ...
-
Oil Prices Have Been Rigged For Years European Union Just Now Starting To Investigate
they’re launching an investigation into the rigging of oil prices. It’s long been known that much of what drives the price of oil, and therefore gasoline, food, and other products, is not the free market, but rather, the biggest players in the oil market, and yet this has largely gone untouched while people throw blame here, there and everywhere for the high price of gasoline. The ...
-
Pentagon seeks $450M for Guantanamo
out from a tower at the detention facility of Guantanamo Bay U.S. Naval Base in Cuba. The Pentagon is asking Congress for more than $450 million for maintaining and upgrading the Guantanamo Bay prison that President Barack Obama wants to close. (AP Photo/Brennan Linsley, ...
-
Coast Guardsman admits desertion in Hawaii
desertion Tuesday, saying he left work one day, decided never to return and spent the next three months camping in the mountains of Oahu. Petty Officer 1st ...
-
Senate panel approves sweeping immigration bill
WASHINGTON (Reuters) - The Senate Judiciary Committee on Tuesday approved legislation that would bring about the biggest changes in U.S. immigration policy in a generation, setting up a spirited debate in the full Senate next ...
-
Dollar gains on yen falls against euro
The dollar has firmed against most other major currencies except the euro on the eve of Federal Reserve chief Ben Bernanke's much-anticipated testimony to Congress.The euro rose to $1.2906 around 2100 GMT on Tuesday, up from $1.2884 at the same time late on Monday.The dollar strengthened against the Japanese currency, to 102.47 yen from 102.26 at the same time late Monday, while the euro ...
-
Gay teen faces charges for contact with underage girlfriend
MIAMI (AP) -- An 18-year-old Florida cheerleader is facing felony charges that she had sexual contact with her underage, 14-year-old girlfriend, ...
-
As U.S. struggles with Syria policy Senate panel backs arming rebels
WASHINGTON (Reuters) - A Senate panel voted overwhelmingly on Tuesday to send weapons to rebels fighting Syria's government, but it was not clear who would get the arms even if the bill succeeds, as Washington struggles to deal with its response to the ...
-
Dow Jones industrial average posts 22nd high of the year
Federal Reserve presidents and sent the Dow Jones industrial average to its 22nd high of the year Tuesday. Regional Fed Presidents James Bullard ...
-
Man pleads guilty in Picasso vandalism case
HOUSTON -; A man accused of vandalizing a 1929 Pablo Picasso painting in an act that was caught on cellphone video has pleaded guilty in exchange for a two-year prison ...
-
I just felt totally helpless’
A downed utility pole along May Avenue in South Oklahoma City. (Holly Bailey/Yahoo News) OKLAHOMA CITY--Anthony Connel was sitting in traffic off of South 149th Street, about a mile from his home, when he saw it happen: A dark black cloud, so ominous and wide that it didn't even look like a tornado, dropped to the ground--and headed straight for his house. Connel, a sales manager at ...
-
IRS Lerner refuses to testify before Congress
Internal Revenue Service official Lois Lerner, who leads the exempt organizations division under scrutiny for targeting conservative groups that applied for tax-exempt status, is refusing to testify before Congress, the Los Angeles Times reports. Lerner was supposed to appear before the House Oversight Committee Wednesday. ...
-
Huge search underway for missing Iowa teen
massive search was underway Tuesday for a 15-year-old girl abducted near an Iowa bus stop, after authorities said a man who is suspected of taking her and another girl was found dead. Dozens of federal, state and local law enforcement are searching by air, land and water ...
-
Jodi Arias now asks Arizona jury to spare her death penalty
1 of 3. Jodi Arias addresses the jury during the penalty phase of her murder trial at Maricopa County Superior Court in Phoenix, Arizona May 21, ...
-
Britain asks EU to put Hezbollah military on terrorist list
Hezbollah 's military sector a terrorist organization. The request, which is scheduled to be informally discussed at an EU meeting in Brussels Wednesday, and officially taken up on June 4, could open the way for sanctions to curtail Hezbollah activity in Europe if successful, the British newspaper The Financial Times reported Tuesday. Motivated by an investigation that blamed Hezbollah ...
-
Senate panel approves weapons for Syrian rebels- Israeli military chief issues stark warning on Syria
A Senate panel has voted to provide weapons to rebels battling the regime of Syrian President Bashar Assad. The vote by the Foreign Relations Committee on Tuesday marked the first time that lawmakers have backed the aggressive military step of arming vetted opposition forces. The vote was 15-3. The United Nations estimates that more than 70,000 people have been killed after more than two years ...
-
ESPN cutting workforce as it looks to smartly manage costs
Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative and productive." The company would not say how many jobs are being eliminated, but they include ...
-
President appoints commission to improve election procedures
to improve election systems in the United States . "As I said in my State of the Union Address, when any American, no matter where they live or what their party, is denied that right [to vote] simply because too many obstacles stand in their way, we are betraying our ideals," Obama said in a statement Tuesday. "We have an obligation to ensure that all eligible voters have the ...
-
FOREX-Dollar dips vs euro before Bernanke testimony yen weakens
Tue May 21, 2013 4:35pm EDT * Bullard, Dudley dent expectations for tapering QE * Bernanke to testify before Congress on Wednesday * Euro climbs to four-month peak versus Swiss franc By Wanfeng Zhou NEW YORK, May 21 (Reuters) - The U.S. dollar fell against the euro on Tuesday after comments from Federal Reserve officials dented expectations the U.S. central bank may taper its bond purchases ...










