Treasury says millions more foreclosures coming
Only 12 percent of U.S. homeowners eligible for loan modifications under the Obama administration's housing rescue plan have had their mortgages reworked, and millions more foreclosures are coming, the Treasury Department said on Wednesday. Read Full Article here.
What's at stake in Obama healthcare speech
President Barack Obama puts himself squarely into the center of the debate over U.S. healthcare reform, his top domestic policy priority, with a high-stakes address to Congress Wednesday. Read Full Article here.
Madoff's penthouse could be yours for $10 million
The New York City penthouse where imprisoned fraudster Bernard Madoff spent his last few days of freedom with his wife Ruth is set to go on sale later this week, according to the U.S. Marshals Service. Read Full Article here.
Nokia to skip operator tailoring for Linux phones
Nokia Oyj plans to skip tailoring software of its upcoming top-of-the-range model N900 to different operators, raising the risk some carriers, who focus on integrating their own software, could refuse to offer the model. Read Full Article here.
Germany wants loan back if GM keeps Opel-FinMin
Germany expects General Motors to pay back a 1.5 billion euro loan made to help Opel if GM keeps its European unit, Finance Minister Peer Steinbrueck was quoted as saying in a newspaper interview published on Wednesday. Read Full Article here.
Wall Street lifted by industrial, tech shares
U.S. stocks rose on Wednesday after positive broker comments buoyed industrial shares, while an upgrade for eBay Inc helped the technology sector. Read Full Article here.
EU watchdog says most electronics websites mislead shoppers
More than half of European websites selling consumer electronics are misleading or cheating online shoppers, the European Union consumer watchdog said on Wednesday after checks on 369 sites in 28 countries. Read Full Article here.
Beatlemania unleashed on a new generation
A wave of Beatlemania struck Britain's streets on Wednesday as the Fab Four released a specially remastered edition of their albums, complete with an interactive video game for a new generation of fans. Read Full Article here.