In Spain, retail sales for April plunged to a seasonally adjusted 9.8 percent from a year ago. It's the fastest decline on record. The drop in sales is being blamed on Spain's severe austerity program.
The Japanese government has launched a campaign aimed at selling bonds to help fund reconstruction of areas hit by last year's earthquake and tsunami. It recruited the popular girl band AKB48, known for hits like "Baby Baby Bay," to help promote the bonds.
Using recycled materials is increasingly common in building construction. But some architects are taking the green movement a step further, creating entire homes and businesses from discarded shipping containers. They call it cargotecture.
One of the world's most treasured foods comes from an unlikely source — a sturgeon farm on a kibbutz in Northern Israel. The prized sturgeon eggs — or osetra caviar, if you must — fetches a hefty price and has a top chef following.
Robert Siegel talks with New York Times editor and business columnist Andrew Ross Sorkin about Irving Picard, the court-appointed trustee working to recover funds for the victims of Bernie Madoff's Ponzi scheme. So far, Picard's firm has generated $554 million in legal and other fees.
Many Americans have long believed that the United States is a land of opportunity, where anyone who works hard can climb the economic ladder. But evidence from recent decades indicates that, for many Americans, that dream of economic mobility falls short.
Ashley Dias needs lungs. So do lots of other patients. Scarcity is a problem with organ transplants, and, unlike other scarce resources, organs can't be bought or sold. Here's how doctors decide who gets to be at the top of the waiting list.
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