Bankers could face prison and lower bonuses under the proposed changes.
The Electronic Privacy Information Center said the collection of phone records isn't directly relevant to national security investigations.
Claims for compensation by allegedly impacted businesses have risen 18 percent in the past month and a half.
Crude oil prices reached a 14-month high, on the back of concerns about protests in Egypt.
Nasdaq announced a technology exchange deal with Turkish exchange Borsa Istanbul on Wednesday.
European banks have faced a particularly difficult period, as regulatory reforms will likely hurt their core businesses.
The resignation of two senior ministers has caused uncertainty about the governing coalition, and investors reacted.
Bolivia plans to file a complaint with the United Nations over EU countries blocking airspace and searching Morales’ plane.
Japonica is now willing to buy 4 billion euros of Greek government bonds, up from its offer a month ago of 2.9 billion euros.
NSA leaker Edward Snowden, holed up in a transit section of a Moscow airport, has reportedly applied for asylum in Russia.
Numerous U.S. companies launched on public exchanges in May and in recent months, raising $13.1 billion, according to a PwC analysis.
The government will maintain a majority stake in the Paris airport's operator, with a 50.63% share.
Fluctuating bond yields and talk of an eventual central bank "tapering" in recent weeks have spurred an exodus from bonds.
What's more, projections show a worse year for PC sales in 2013 compared to 2012.
Natural gas companies welcomed the hike as a spur to greater investment in the sector.
Serbia could become the 29th nation in the bloc, if talks scheduled to start in January 2014 go well.
Chinese official auditor Liu Jiayi told a top political committee that combined provincial debts have climbed to 3.85 trillion yuan.
Tech researcher ABI Research said that smartphone makers are now struggling to beat each other on price in the mobile phone market.
SapuraKencana gets a $2.7B joint venture with Norwegian offshore deepwater driller Seadrill.
Swiss food giant Nestle wants to tackle severe levels of youth unemployment in Europe.
The comprehensive analysis found that Illinois was burdened with the greatest challenge in funding government workers' pensions.
Chip Starnes described being held captive by his own employees as humiliating and embarrassing. And where were the police, by the way?
A Deloitte survey found that corporate executives expect to invest in growth and acquisitions in 2013.
In a polite letter, the Federal Trade Commission warned search engines to more-clearly distinguish natural search results from paid ads.
Bank of England Governor Mervyn King said banks were resisting new regulations, in what are probably his final public remarks.
French regulators said anti-tax evasion measures the bank took weren’t strict and effective enough.
Central bank representatives from the world's richest countries will lead a reform initiative for Libor, the interest rate that affects mortgages and other loan products.
Russia's president said Snowden is a “free man" and signaled that he won’t interfere with his travel plans.
The administration had already proposed limits on greenhouse gas emissions for newly built plants.
The April data, which rose 12.1% from a year earlier, reflects a genuine U.S. housing recovery, according to a leading home builder.
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