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EUROPE MARKETS: Italy Auction, Data Weigh On Europe Stocks – Fox Business

MADRID –  European stock ended mostly lower Wednesday as investors moved to cash in on recent gains, while weaker-than-expected manufacturing data and a rise in Italian borrowing costs weighed on sentiment. ASM International NV, Commerzbank AG and Inditex SA were among the biggest decliners. The Stoxx Europe 600 index shed 0.05 point, or less than […]

Rubin steps aside as Android chief; Pichai takes over – USA TODAY

Google executive Sundar Pichai.(Photo: Jeff Chiu AP) SAN FRANCISCO — Andy Rubin, the leader of Google’s Android mobile group, has left his position at the top spot, a move that creates uncertainty for the world’s most popular smartphone operating system. Android leadership will be filled by Sundar Pichai in addition to his existing roles with […]

Europe to Contract as Much as 1.5%, El-Erian Says: Tom Keene – Bloomberg

Europe to Contract as Much as 1.5%, El-Erian Says: Tom Keene – Bloomberg

Europe may contract 1 percent to 1.5 percent in the next 12 months with the private sector unable to borrow and austerity policies limiting growth, according to Pacific Investment Management Co.’s Mohamed El-Erian. “The private sector is still starved for credit,” El- Erian, the chief executive officer of the world’s largest manager of bond funds, […]

A galaxy not so far away: What to expect in Samsung’s Galaxy S IV – Ars Technica

A galaxy not so far away: What to expect in Samsung’s Galaxy S IV – Ars Technica

The next iteration of the Samsung Galaxy Android handset is almost upon us. Plenty of leaks, viral videos, and salacious rumors have cropped up in the last few months in anticipation for the device. The Galaxy S III is one of Samsung’s best-selling handsets to date, and the company reigns as the number one handset […]

Booking a Hotel in Asia? How to Plan – New York Times

I waited until the last minute — three weeks before our trip — to book our hotels. I didn’t realize our visit to Kyoto coincided with peak cherry blossom viewing and a school holiday (I found what appeared to be the only available room in the city). And in Tokyo, I overlooked room dimensions as […]

Catalyzing Ocean Finance – Huffington Post

The cumulative economic impact of poor ocean management practices is at least $200 billion dollars per year. In the absence of pro-active mitigation measures, climate change will increase the cost of damage to the ocean by an additional $322 billion per year by 2050. From “Catalyzing Ocean Finance, Vol. I” We are forced to consider […]

Former prosecutor Stolper starts litigation finance firm – Fox Business

High-profile former federal prosecutor Andrew Stolper said Tuesday he had teamed up with an ex-FBI agent to form a private equity firm specializing in litigation finance, a growing business in the legal industry. Stolper, whose career included the ill-fated Broadcom case in 2009, said Crux Capital launched on Monday. He resigned last week from his […]

The new pope will be one of America’s biggest employers – Washington Post (blog)

The new pope will be one of America’s biggest employers – Washington Post (blog)

<!– Text Size Print Reprints –> The big news out of the Vatican is that the Roman cardinals have selected a new pope: Jorge Mario Bergoglio of Argentina, who took the name Francis I. And that got us thinking, naturally, about the economics of the Catholic Church. As it turns out, the church […]

Catholic Latin America eyes conclave – CNN

Catholic Latin America eyes conclave – CNN

(CNN) — With its approximately 480 million adherents, Latin America is home to an overwhelming plurality of the world’s Catholics. But no one from this region (or hemisphere, for that matter) has been ever been chosen to lead the church as pope. As the church’s cardinals gather in the Sistine Chapel to select a new […]

Cardinals elect first pope from Latin America – CNN

Cardinals elect first pope from Latin America – CNN

.cnn_html_media_utility::before{color:red;content:’>>’;font-size:9px;line-height:12px;padding-right:1px} .cnnstrylccimg640{margin:0 27px 14px 0} .captionText{filter:alpha(opacity=100);opacity:1} .cnn_html_slideshow_media_caption a,.cnn_html_slideshow_media_caption a:visited,.cnn_html_slideshow_media_caption a:link,.captionText a,.captionText a:visited,.captiontext a:link{color:#004276;outline:medium none} .cnnVerticalGalleryPhoto{margin:0 auto;padding-right:68px;width:270px} ]]> Newly elected Pope Francis I speaks to the crowd from the central balcony of St. Peter’s Basilica at the Vatican on Wednesday, March 13. Argentinian Cardinal Jorge Mario Bergoglio was elected as the first pontiff from Latin America […]