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Ukraine sets conditions for Russian gas transit

Ukraine sets conditions for Russian gas transitBRUSSELS, Belgium (AP) -- Ukraine's natural gas chief says he wants Russia to provide extra fuel to boost the flow of gas before his company can allow Russia to send the fuel back into a freezing European Union....

In hard times, White House replica goes up for sale

In hard times, White House replica goes up for saleFor the last seven years, Fred Milani has lived in a scaled-down version of the White House in Atlanta, but change is coming to the replica, an outsized casualty of the national housing crisis.

Europe's gas crisis edges toward solution

Europe's gas crisis edges toward solutionGazprom, the Russian gas monopoly, said it would resume shipments to Europe as soon as monitors were in place to verify that Ukraine was not removing gas from the network.

Bank of England lowers rates by half a point

Bank of England lowers rates by half a pointEconomists expect Britain to follow the United States in reducing the rate to close to zero by the second quarter of this year.

Crisis trumps constraint in U.S.

Crisis trumps constraint in U.S.Economists say Congress should spend whatever it takes to rescue the economy.

Auditor could be a target in $1 billion fraud in India

Auditor could be a target in $1 billion fraud in IndiaLawyers in India said that investors who lost money in the scandal at Satyam could try to recoup by suing PricewaterhouseCoopers, which audited Satyam's books.

Global decline hits computer industry particularly hard

Global decline hits computer industry particularly hardIntel, Lenovo and Dell are among those who have made announcements that indicate the global slump is hitting the industry harder than previously expected.

Obama to warn of costs of inaction on the U.S. economy

Obama to warn of costs of inaction on the U.S. economyA recession could last for years unless a stimulus plan is passed, Barack Obama plans to say in a speech Thursday.

Wall Street slips after retail sales data

Wall Street slips after retail sales dataA day after suffering their worst losses in more than a month, stock markets headed lower as retail stores reported a bleak holiday shopping season.

Germany's Merkel calls for a UN 'economics council'

Germany's Merkel calls for a UN 'economics council'The UN should create an economics council to work alongside the Security Council as part of a wide-ranging shake-up of finance, Chancellor Angela Merkel of Germany said.

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