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Digital skills shortage leaves EU youth a step behind

European policy makers have identified a large shortfall in computing and IT skills among young people that threatens to dent Europe's ability to compete and could exacerbate youth unemployment in the coming decade.

Allen Stanford seeks new trial, blames Twitter

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Allen Stanford, the financier convicted of running an estimated $7 billion Ponzi scheme, has asked for a new trial, citing the media's use of Twitter in the courtroom and a lack of time to prepare his defense.
John Demjanjuk

Nazi Guard Demjanjuk To Be Buried In Cleveland

John Demjanjuk, the former Nazi guard convicted for his involvement with the deaths of 28,000 people, will be buried in Cleveland, Ohio, the city where he settled after fleeing Germany after World War II.
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The Wall Street sign is seen in front of the New York Stock Exchange

Markets Bob Up, Down on Slow News Day: Daily Markets Wrap

Markets bobbed up and down Wednesday on conflicting data as to what the U.S. economic picture will look like in the near term. Investors spent the day dealing with conflicting sentiments: a less-than-enthusiastic housing report on the one hand, a view that the U.S. economy is generally getting better on the other.
World Bank President Zoellick speaks at a news conference

World Bank President? Third World Candidates Emerge

President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.
Federal Reserve Chairman Ben Bernanke's policy of quantitative may have made U.S. Treasurys a less attractive investment to the Chinese

China, Japan To Begin Selling US Treasurys?

China's skein of trade surpluses and Treasury-buying has run its course and the country will need to begin selling some of its vast holdings of U.S. debt, says Frederick Sheehan, ex-head of asset allocation at John Hancock Financial Services.
A parked 2012 Volvo S60.

Volvo To Recall S60 and XC60 Cars

Volvo Car Corporation is recalling certain S60 and XC60 cars because of safety concerns related to punctured fuel lines and possible fuel leakage leading to an increased risk of fire, said a report filed with the National Highway Traffic Safety Administration (NHTSA) in March.
A man works on a roof covered with solar panels at the Centre for Alternative Technology in Wales

US Holds Fire In 1st Salvo On Chinese Solar Companies

U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.
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Brazil charges Chevron with crimes over oil spill

A Brazilian federal prosecutor filed criminal charges against U.S. oil company Chevron and drill-rig operator Transocean for a November oil spill off the coast of Rio de Janeiro, the prosecutor's office said in a statement on Wednesday.
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HP to merge printer, PC businesses

SAN FRANCISCO, March 21 - Hewlett Packard Co will merge its printer and PC businesses, combining two of its largest divisions as Chief Executive Meg Whitman tries to jump-start growth at the technology company.

Online Dating Services Agree To Screen For Sex Offenders: What You Need To Know

On Tuesday, three major online dating services announced that they will start screening their sites for sex offenders and other criminals. The online dating services have teamed with up the state attorney general to make their sites safer for customers. The effort to screen was brought on after numerous customers of the online dating sites were sexually assaulted.
Detroit, Michigan

Detroit Nears Bankruptcy As Debt Downgraded by Moody’s

Moody's downgraded more than $2.5 billion of Detroit's municipal debt as the city continues to struggle through a prolonged fiscal crisis and the state debates the possible installation of a financial advisory panel or an emergency manager to administer the finances of Michigan's largest city.
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Home sales show underlying strength, prices rise

U.S. home sales fell in February, but upward revisions to the prior month's pace and the first yearly increase in prices in 15 months suggested the housing market recovery remained on track.

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