EU states urge lawmakers to back pollution credit plans

Six EU states, including powerhouse Germany, called on European lawmakers Friday to back efforts to revive a faltering market in pollution credits so as to bolster the bloc's fight against global warming.

Researcher examines inconsistent lending practices

Research published in the European Economic Review finds that lenders' profits improve at an increasing rate with more intense screening of prospective borrowers; however, somewhat paradoxically, lenders experiencing a greater ...

GDP predicts auto sales worldwide

Personal income, interest rates and the price of gas all influence auto sales, but a country's gross domestic product alone is a good indicator of new sales, says a researcher at the University of Michigan Transportation ...

Microsoft's 2Q earnings dip despite Windows 8 lift (Update)

Microsoft's latest quarterly earnings slipped, even as the world's largest software maker showed modest progress adjusting to a shift away from the personal computers that have been its financial foundation for decades.

Audit slams S.Korea's $20 bln river project

South Korea's state auditor on Friday panned President Lee Myung-Bak's $20 billion effort to dredge, dam and beautify four major rivers, saying it was riddled with costly flaws.

EU asks citizens to join debate on GM food

The European Union on Tuesday took the debate about genetically modified crops to the public with a survey asking citizens to share their thoughts on organic farming.

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

Census: Whites no longer a majority in US by 2043

White people will no longer make up a majority of Americans by 2043, according to new census projections. That's part of a historic shift that already is reshaping the nation's schools, workforce and electorate, and is redefining ...

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