Are the U.S. and European economies decoupling?
The American economy's immediate prognosis may be better than that of the eurozone, but serious hurdles remain
Found more than 1 month ago on channel CBS
Keynote Speaker: U.S. jobs, economy need a new European trade pact
Reducing the remaining barriers to U.S. trade with Europe could boost American exports, support additional jobs, and strengthen our partnership for the competitive challenges of the coming decades, writes Ron Kirk, the departing U.S. Trade Representative.
Branson Among Foreign Billionaires Pledged to Gates Charity
For the first time, foreign billionaires are locking arms with U.S. counterparts to sign "The Giving Pledge"—a commitment to give half their wealth to charity created in 2010 by Warren Buffett and Bill and Melinda Gates."Early on, the Giving Pledge was predominantly an American phenomenon," says Peter Newcomb, a Bloomberg News editor who compiles Bloomberg's list of global billionaires. Giving away one's money, says Newcomb, is an idea that traditionally has been more appealing to Americans than Europeans. "It was not really a European sensibility. Now you're beginning to see that change."
Found more than 1 month ago on channel Abc News
EU data protection law could trigger trade war
The EU's Justice Commissioner says American companies like Google and Facebook must abide by a proposed new European law on data protection or face stiff penalties.
European Pile Up Hits U.S. Auto Makers
Europe's worsening economic conditions present a growing problem for the big three U.S. auto makers with North American results increasingly counted on to produce nearly all their profits this year.