A top executive at Scandinavia's tri-nation airline SAS says the carrier was only days away from bankruptcy, should last month's brutal savings plan not have been approved by the company's pilot and cabin crews.
Argentina is asking a US appeals court to reverse an order for the country to pay $1.33 billion to “holdout” creditors who refused to join two swaps for the country's defaulted debt.
Confused about the federal budget struggle? So are doctors, hospital administrators and other medical professionals who serve the 100 million Americans covered by Medicare and Medicaid.
Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year as President Barack Obama warned that failure could mean a “self-inflicted wound to the economy.”
Most of the time, the windowless building with the dome-shaped roof will be a typical high school gymnasium filled with cheering fans watching basketball and volleyball games.
An Illinois state lawmaker who was a frontrunner to replace former U.S. Rep. Jesse Jackson Jr. says he's ending his candidacy because he doesn't want the felony gun charges he faces to detract from the district's important issues.
Russia's foreign minister said Saturday that Syrian President Bashar Assad has no intention of stepping down and it would be impossible to try to persuade him otherwise.
Arab League chief Nabil Elaraby says two decades of talks with Israel have been “a waste of time” and that Palestinians will soon take a new statehood bid to the U.N.
Former President George H.W. Bush remains in intensive care in a Houston hospital recovering from a fever that arose after a long battle with bronchitis.
Sat, Dec 29, 2012