By MENELAOS HADJICOSTISAssociated Press
NICOSIA, Cyprus (AP) - Moody's credit ratings agency on Wednesday drove Cyprus deeper into junk status with a two-notch downgrade to Ba3 over an increased likelihood that debt-crushed Greece will leave the eurozone.
By MATTHEW CRAFTAP Business Writer
Moody's Investor Service cut the Spanish government's credit rating Wednesday, a direct result of the rescue package lined up by European leaders over the weekend.
The rating lowered Spain's rating from A3 to Baa3
HARTFORD, Conn. (AP) - Industrial conglomerate United Technologies Corp. is increasing its third-quarter dividend to 53.5 cents per share.
The Hartford, Conn., parent company of jet engine manufacturer Pratt & Whitney, Otis elevator, Sikorsky Aircraft and
By JOYCE M. ROSENBERGAP Business Writer
NEW YORK (AP) - Small businesses that make machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the broader economy.
The industries fueling the demand vary
By The Associated Press
BAD NEWS FOR BORROWING: Borrowing costs for Spain and Italy rose, a sign that investors aren't sure that those governments can repay their debt. Over the weekend, Spain announced it would take bailout loans for its hobbled banks.
By Andrew CoutsProvided by
Father's Day 2012 is coming up fast. (Hint: It's Sunday, June 17). So now's the time to snag the best present Pop could dream of. Of course, these days, there are countless gadgets, gizmos, tools, and accessories to choose from — but that just