Airbus Gets Biggest Order Ever from Indonesia's Lion Air
Airbus signed its biggest deal ever Monday -- an order for 234 planes worth $24 billion from Indonesian's Lion Air -- and poached one of rival Boeing's most important clients.
François Hollande
Taxing the Rich: Americans Have It Good, Compared to the French
Many of America's rich are complaining that top tax rates are rising in 2013. But, really, they should be glad the new rates will be so low. France is boosting its top tax rate from 48 percent to as high as 75 percent -- and driving some businesspeople and celebrities to bid their home country adieu.
OECD Warns of 'Severe Recession' Looming for Eurozone
The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from spreading.
Economically, What Happens in Europe Doesn't Stay in Europe
Sunday's elections in France and Greece were a firm vote against austerity, and regardless of the merits of either side of the debate, that means the future of the eurozone is again in doubt. Here's why the bond markets care so much -- and why you should, too.
European Stocks Slip on Greek Political Turmoil
European and U.S. markets sank Tuesday as investors worried whether Greece, after an inconclusive election, would be able to form a new government to save it from financial disaster.
U.S. Stock Futures Fall After European Voters Reject Austerity
The roiling political landscape of Europe pushed U.S. stock futures lower Monday as beleaguered voters in Greece and France rejected years of painful budget cuts. The Dow fell 46 points to 12,911. The S&P 500 slipped 5.7 points to 1,356.80. The Nasdaq fell 12 points to 2,613.50.