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Car Sales In Europe Decline

Demand for new cars in the European Union dropped more than 16 percent in December — making last year's sales figures the worst in nearly two decades. Greece, Portugal and Italy all had sales declines of between 20 and 40 percent last year, but even stronger economies like France and Germany experienced declines as well.

Gun Makers Worry Revamped Laws Will Hurt Bottom Line

President Obama's gun control proposals pit the White House against the gun industry and its powerful lobbying groups. Some of the proposals — especially a ban on assault weapons — could take a bite out of gun makers' revenue.

FBI Arrests Dozens In Garbage Pickup Case

Federal authorities in New York have charged 32 people with using threats of violence to control garbage pickup routes in New York City and its suburbs. Officials say many of the suspects have ties to organized crime.

All 787 Dreamliners Grounded Around The World

The 50 planes owned by airlines around the world have been pulled out of service. The Federal Aviation Administration and other authorities cite an incident in Japan in which one jet's batteries emitted smoke. The Japanese report came a week after a similar incident occurred in Boston.

Troubles Continue For 787 Dreamliner With Groundings In Japan, U.S.

An All Nippon Airways (ANA) plane was forced to make an emergency landing on Wednesday because of an apparent electrical failure. ANA and Japan Airlines have grounded all their 787s in response. Later Wednesday, the FAA grounded the U.S. fleet, which effectively grounds all 787s.

JPMorgan Chase Sees Profits Rise, Halves CEO's Salary For London Debacle

JPMorgan Chase says its profits were up 53 percent in 2012's fourth quarter — but CEO Jamie Dimon's salary will be cut in half, after the bank lost billions of dollars on risky bets placed by a single trader. Dimon's salary now stands at $11.5 million.