UNITED STATES

Asian Shares Plunge On Europe Crisis, US Econ Data

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Asian shares fell steeply Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.
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Madrid stock exchange

Spain, Greece Spur Fear, Boosting US Dollar, Bonds: Daily Markets Wrap

European stocks lost big Thursday as Greek banks were cut loose from European Central Bank support and Spain's borrowing costs kept skyrocketing. The head of the International Monetary Fund, Christine Lagarde, also warned today of the extremely expensive consequences of Greece leaving the currency bloc.
Aurizon Mines' Casa Berardi project

Spot Gold Prices Rally For 2.6% Gain

Spot gold rallied more than 2.6 percent on Thursday, its largest one-day gain since late January, as technical buy signals and new signs of a sluggish U.S. economy more than offset deepening despair over the euro zone.
JFK Airport

Next 9/11 Will Come From The Ground, Says Ex-Pilot Congressman

The perpetrators of the next 9/11 terrorist attack may avoid airport terminal security altogether by infiltrating airports and planes parked on the tarmac, said Chip Cravaack, a Republican congressman who knows the industry well - he used to be an airline pilot.
Pinterest

Pinterest Funding Could Value Start-up At $1.5 Billion

Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion.
Chevron's Oil Sheen

Chevron Expulsion From Brazil 'Unlikely,' Says Petrobras

Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.

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