German Chancellor Angela Merkel prepares to vote at the session of the Bundestag lower house of parliament in Berlin, September 29, 2011.   REUTERS/Tobias Schwarz

Europe again steps back from brink in debt crisis

BERLIN - Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund.  Full Article | Video 

Recovery next year for world stocks: poll 12:44pm EDT

LONDON - World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red.

Republican presidential candidate and Texas Governor Rick Perry (L) stands with advisor Deirdre Delisi (R) at a campaign event in Austin, Texas in this file photo taken on April 9, 2010. Delisi was formerly Governor Perry's chief of staff and now serves as a senior policy advisor to his presidential campaign. Picture taken April 9, 2010. REUTERS/Bob Daemmrich

Perry aides told different stories in lawsuit

Contradictions in sworn statements about Rick Perry's fundraising for his 2006 reelection bid raise questions about whether aides to the Texas governor, who is now running for president, gave false or misleading testimony under oath.  Full Article 

A business man rides an escalator in the financial district of Pudong in Shanghai, September 21, 2011. REUTERS/Aly Song

"Rats" and "black mouths" gnaw at China stocks

SHANGHAI - Reuters investigates the subculture of bookkeeping shenanigans in Chinese finance, underscoring the dark side to the explosive growth of China's nascent financial markets.  Full Article 

Amazon CEO Jeff Bezos holds up the new Kindle Fire at a news conference during the launch of Amazon's new tablets in New York, September 28, 2011. REUTERS/Shannon Stapleton

Kindle Fire may force Android tablet price cuts

SEOUL - Asian technology companies came under pressure to slash prices of their tablet computers after Amazon.com launched its Kindle Fire at a mass market-friendly $199.  Full Article 

Anti-Gaddafi fighters keep watch near the front entrance to the airport at Sirte which is now under their control September 29, 2011. REUTERS/Anis Mili

Anti-Gaddafi forces capture Sirte airport

SIRTE - Forces of Libya's interim government have captured the airport in Muammar Gaddafi's hometown of Sirte, one of two main remaining bastions of support for the deposed leader.  Full Article | Video 

Bernard Madoff walks back to his apartment in New York in this December 17, 2008 file photo.  REUTERS/Shannon Stapleton/Files

Mets ruling could upend Madoff bankruptcy

A Manhattan federal judge this week ruled that a Bernard Madoff bankruptcy trustee could not claw back money from investors who pulled out of the Ponzi scheme before 2006, a decision that could have far-reaching implications.  Full Article 

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. Picture taken November 3, 2009.  REUTERS/Rick Wilking

Is it time to say goodbye to big banks?

WASHINGTON - Startup banks and niche players aren't afraid to kick the big players while they're down. And with the major banks regularly raising their fee structures and paying minuscule interest on savings, it's worth asking: Is it time to go small, new and different?  Full Article 

The passenger cabin of All Nippon Airways' (ANA) first Boeing 787 Dreamliner aircraft is seen after the aircraft landed at Haneda airport in Tokyo September 28, 2011. REUTERS/Toru Hanai

Flyers opine on Boeing's new "plastic" plane

TOKYO/CHICAGO - After Boeing Co's first 787 Dreamliner touched down in Japan this week, Reuters asked flyers around the world what they thought about the prospect of boarding the world's first "plastic" airplane.  Full Article 

A Chinese soldier stands beside the Long March II-F rocket loaded with China's unmanned space module Tiangong-1 at the launch pad in the Jiuquan Satellite Launch Center. REUTERS/Petar Kujundzic

China launches "Heavenly Palace" space craft

JIUQUAN, China - China successfully launched an experimental craft paving the way for its first space station amid a blaze of national pride.  Full Article 

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Paul Ingrassia

What GM’s contract victory means

General Motors won. That’s the bottom line from the new four-year contract with the company ratified by the United Auto Workers union this week.  Commentary 

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