Post Berlusconi: Mario Monti Takes On Italy's Woes
After a week of market turmoil over the worsening eurozone crisis, hopes are high that the appointment of economist Mario Monti to head a technocratic government in Italy will reassure lenders that the country can speed economic overhaul. Monti could face obstruction from lawmakers of outgoing Prime Minister Silvio Berlusconi's party.
Is There Time To Solve The Eurozone Debt Crisis?
With technocratic governments being formed in Italy and Greece, the euro may get a short-term bounce from the markets. But there is concern the changes afoot may not happen fast enough to end the eurozone debt mess.
On Capitol Hill, Rand's 'Atlas' Can't Be Shrugged Off
In the 1950s, Rand felt that her ideal of unfettered capitalism was missing in politics. But today, her ideas are alive and well-represented in the U.S. Capitol. Her philosophy has sunk so deeply into our political thought, many people don't even recognize it as hers anymore.
Boeing Seals Major Aircraft Order With Emirates
At the Dubai Air show over the weekend, Boeing announced a deal to sell 50 planes to Emirates, the big Persian Gulf carrier based in Dubai. Boeing beat out Europe's Airbus for the $18 billion deal. And the deal also helps General Electric, which makes the engines.
Analysts Have Rosy Outlook For 2011 Holiday Sales
Analysts are predicting a fairly good year for retailers over the holiday season. Those sales are expected to increase 3 percent overall and go up 15 percent for online retailers. Plus, this is the first year tablets like the iPad may make an impact on the retail landscape.
Popular YouTube Videos Are Cash Cows For Uploaders
Several years ago a man uploaded a clip of his son getting his finger chomped on by his baby brother. The upload became a YouTube sensation. Britain's Daily Telegraph reports that dad has made more than $150,000 from that video. YouTube makes deals with people whose videos could become hits, and offers them some of the revenues from ads it places on the video's page.
Summit: Free Trade In Asia-Pacific Vital To Recovery
President Obama has a low-key day in Hawaii Monday, before he flies to Australia and Indonesia. His weekend was full of diplomatic meetings at a summit of Asia-Pacific leaders. The president believes the U.S. has not paid enough attention to that region over the last decade. With the wars in Iraq and Afghanistan winding down, he's promising to devote more resources the Pacific Rim.