Innovative green financing has hobbled home sales in California
- An innovative, government-sponsored program aimed at funding energy-saving home improvements has drawn praise from powerful supporters, including President Obama. But complaints from a growing number of homeowners, lenders and realtors in California suggest the financing is making homes more difficult to sell and disrupting the mortgage market.
Wal-Mart puts the squeeze on suppliers to share its pain as earnings sag
- Suppliers of everything from groceries to sports equipment are already being squeezed for price cuts and cost sharing by Wal-Mart Stores . Now they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week.
As winter looms, Germany struggles to find homes for refugees
CELLE, Germany - At a sprawling camp in the German town of Celle, refugees wearing thick sweaters sit around a heater smoking cigarettes as rain beats down on the cramped white tent that has become their home. Some of them are ill and worried it will snow.
Typically Greek, delayed land register is never-ending epic
ATHENS - When Greece applied for its first international bailout in 2010, only two countries in Europe lacked a computerized register of land ownership and usage. Albania was the other.
Beijing promotes low-paid college grads to startup CEOs
SHANGHAI - Quitting her job as receptionist, joining rock bands and chancing her tattoo-sleeved arm at small business ventures would once have branded college graduate Ding Jia as a rebel in China. Now she can claim state endorsement as a "creative".
Mauritius eyes Africa as pressure mounts on offshore business
EBENE, Mauritius - Mauritius beats Singapore as the world's top route for foreign investment to India and is a hub for thousands of firms managing half a trillion dollars in assets.
How conservatives bested corporate lobbying machine on EXIM
WASHINGTON - When Boeing Co., General Electric Co. and other companies wanted to show Congress last February the dangers of closing the Export-Import Bank, they turned to a time-tested Washington ritual: knocking on Capitol Hill office doors.
One of us: the militant Egypt's army fears most
CAIRO, - As a special forces officer in the Egyptian Army, Hisham al-Ashmawy trained in the desert, learning camouflage and survival techniques and how to hunt the enemy in rough terrain. Now he has turned militant, and uses that training to another purpose: helping fellow jihadists fight Egypt’s government.
After Kunduz falls and violence spreads, more Afghans eye Europe
KABUL - The young man from the northern Afghan city of Kunduz used to make a decent living doing a dangerous job.
Wall Street bonuses likely to plunge as trading revenue drops
NEW YORK - Wall Street bankers and traders are likely to get smaller bonuses for 2015 as trading revenue plunges.
'Open the gate!': Migrants stranded on Balkan borders
BERKASOVO, Serbia - Thousands of migrants clamored to enter European Union member Croatia from Serbia on Monday after a night spent in the cold and mud of no-man’s land, their passage west slowed by a Slovenian effort to impose limits on the flow to western Europe.