Most of Greek bailout money went to banks

by -NO AUTHOR- -- (Deutsche Welle) Less than 10 billion euros ($11.5 billion) from Greece's first two international bailouts ended up in the hands of the Greek treasury, according to new study more…

Stocks close narrowly mixed

by -NO AUTHOR- -- (CNBC) U.S. stocks closed narrowly mixed Thursday as oil failed to hold much of its intraday gains and investors awaited the key employment report due Friday. "I think more…

$571B debt wall points to more defaults in China

by -NO AUTHOR- -- (Bloomberg) Chinese debt investors are turning bearish at just the wrong time for the nation’s corporate borrowers, which face a record 3.7 trillion yuan ($571 billion) of local more…

Mega-morphine drug hits U.S. from Canada

by Cheryl Chumley -- [caption id="attachment_3265604" align="aligncenter" width="600"] Authorities are warning about a drug entering the United States that's 10,000 times more powerful than morphine.[/caption] A drug being billed as 10,000 times more…

European Central Bank to withdraw €500 note

by -NO AUTHOR- -- (BBC News) The European Central Bank (ECB) says it will no longer produce the €500 (£400; $575) note because of concerns it could facilitate illegal activities. The decision more…