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Shanghai and Beijing, the two cities with Asia

Romania’s government fell Friday in a no-confidence vote, as opposition parties seized on widespread public anger over biting austerity measures, cronyism and corruption.
Some 235 lawmakers voted against the government of Prime Minister Mihai Razvan Ungureanu, four more votes than needed.
Opposition leader Victor Ponta said the vote represented the end “of an abusive system that uses […]

THE STORE: Organic grocer Whole Foods is taking a gamble on the Motor City with a planned 20,000-square-foot supermarket with 75 employees in Detroit’s Midtown neighborhood next year.
THE NEIGHBORHOOD: One reason Whole Foods may be willing to take the risk is that the neighborhood is an anomaly in a tough city enduring tough times: People […]

The U.S. Department of Justice has filed suit against technology giant Apple and several publishing firms, claiming they colluded to fix the price of e-books.
The suit, filed in federal court in New York, says Apple colluded with publishers including HarperCollins, Simon & Schuster and MacMillan to fix the price of e-books. The government said it […]

The cost of living in the U.S. probably rose at a slower pace in March as increases in energy expenses subsided, economists said before a report this week.
Consumer prices advanced 0.3 percent after climbing 0.4 percent in February, according to the median of 58 estimates in a Bloomberg News survey ahead of the Labor […]

Witnesses close to MF Global’s collapse will offer details Wednesday about customer money that vanished days before the firm failed. Their testimony could challenge statements by former CEO Jon Corzine.
A JPMorgan Chase executive will testify at a congressional hearing that the bank asked Corzine if an Oct. 28 transfer of $200 million from a customer […]

Four major Canadian banks have slashed their mortgage rates to 2.99 per cent

Shares in BP PLC have hit their highest level in over a year in the wake of the oil company’s announcement that it had reached a settlement with victims of the massive Gulf of Mexico oil spill.
BP shares were up 1.6 percent at 504.4 pence in midday trading in London Monday. The company’s share price […]

U.S. Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration discussions.
The U.S. promised a candidate

China pledged to invest in Europe