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Business News
Spain economic growth at fastest pace since 2007
MADRID (AP) -- Spain's economy grew by a better-than-expected 0.6 percent in the second quarter compared with the previous three months, the fastest rate since 2007 and more evidence of the country's recovery from recession....
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Barclays chief applauds claw-back idea on bonuses
LONDON (AP) -- The chief executive of Barclays says that claw-back provisions on bankers' bonuses are a good idea in principle as the Bank of England prepares to publish new rules to punish executives who misbehave....
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German central bank chief: higher wages justified
BERLIN (AP) -- The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes, and is putting the potential for raises at 3 percent....
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The man responsible for Hilton's grand turnaround
McLEAN, Va. (AP) -- Nearly every weekend, Chris Nassetta is cooking in his family's oversized kitchen, outfitted with two commercial-grade refrigerators, three sinks and a deep fryer....
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Small cars fare poorly in crash tests
DETROIT (AP) -- The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of "good" in new frontal crash tests....
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