News Corp. Chairman Rupert Murdoch is facing another day of uncomfortable questions in London. The questions focus on the wiretapping activities of his now-defunct tabloid News of the World. This is a judicial inquiry into a scandal that has reached the highest levels of British government. And for the first time, Murdoch is apologizing for "not paying enough attention" to the unfolding scandal.
After being hyped as a homegrown remedy to America's dependence on foreign oil, the federally supported corn-based fuel ended up under attack as an environmental and economic failure. Now the smoke has cleared, and U.S. ethanol producers are booming.
Britain is a nation in shock, following Wednesday's announcement that its economy has slipped back into recession. It's the second time since the 2008 financial crisis, and it's raising new questions about the government's unpopular austerity measures.
The Netherlands Energy Co. is running an ad promoting its free beer taps. The ad contains a warning for Netherlands women: Prevent your husbands from traveling to Ukraine to see this summer's European soccer championship. The ad says the men might be seduced by beautiful Ukrainian women, so better that they stay home and drink beer.
The fast-food chain announced that by 2017, all of its eggs and pork will come from animals not penned in cages and crates. Burger King is the first major U.S. fast-food chain to put a firm deadline on such a promise. The move is seen as part of an industry-wide shift to consider animal concerns.
Earlier this month, a judge approved a $25 billion settlement between five major banks and nearly all of the state attorneys general over shortcuts lenders took to push through some foreclosures. Housing counselors say the deal has yet to make an impact in communities around the country.
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