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Salvage work to remove the capsized Costa Concordia cruise ship from its rocky perch off Tuscany, where 32 people died, will begin early next month and is expected to take a year, the Italian owner announced Saturday.
The U.S.-owned company Titan Salvage won the bid to remove the ship, which struck a reef off the tourist-dependent […]

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French President Nicolas Sarkozy, speaking to the biggest rally of his re-election bid, said the European Central Bank should do more to promote economic growth, reviving an issue he raised in his 2007 campaign.

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After a stellar first-quarter performance, investors are hoping the stock market can maintain its momentum into the holiday-shortened week ahead.
The major indexes all posted gains last week, closing out a blockbuster quarter.

In the first three months of 2012, the Dow Jones industrial average gained 8.1%, the S&P rose 12% and the Nasdaq advanced 19%.
It […]

Call it spring fever. For the third year in a row, optimism is spreading that growth in the United States could be poised to accelerate and drive the economy into sunnier pastures.
Claims for first-time jobless benefits dipped to a four-year low last week as layoffs slow. Factory output is steadily expanding. Retail sales have […]

German industrial orders unexpectedly dropped 2.7 percent in January compared with the previous month due to an unusually low number of big-ticket orders and a sharp drop in demand from abroad, official data showed Wednesday.
Economists had predicted a small rise in orders following a 1.6 percent increase in December _ a figure that was revised […]

It’s the best start for stocks in 15 years.
In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor’s 500 gained 4.4 percent, the best performances for both indexes to open a year since 1997.
Investors were encouraged by modest but welcome improvement […]

Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon

The new man at the top of struggling Research In Motion Ltd. says his priority is to reinvigorate marketing and restore growth in the U.S., adding that he has no intention of allowing the iconic BlackBerry maker to be broken apart and sold in pieces.

U.S. stocks surged Tuesday as concerns about the European debt crisis eased and investors welcomed signs of strength in the U.S. housing market.
The Dow Jones industrial average () rose 337 points, or 2.9%, to end at 12,103. The S&P 500 () jumped 36 points, or 3%, to 1,241. The Nasdaq () gained 80 […]

A closely-watched survey shows German investor sentiment grew in December, ending a nine-month downward trend.
However, the rise was not as big as expected as Europe’s raging debt crisis weighs heavily on the continent’s largest economy.
The ZEW investor sentiment index for December released Tuesday was up 1.4 points to minus 53.8 points overall. Analysts had forecast […]