Business
AFP/DDP/File
Moody's downgrades Greece's debt to junk status
AP – Mon Jun 14, 1:41 pm ETLONDON – Moody's Investors Service on Monday downgraded Greece's government bond ratings into "junk" territory, citing the risks in the rescue package for the debt-ridden country from the Eurozone and International Monetary Fund. Full Story »
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Starbucks: Free Wi-Fi at 6,700 US sites
AP – Mon Jun 14, 2:38 pm ET
AP CHICAGO - Starbucks Corp. will begin offering unlimited free wireless Internet access at all company-operated U.S. locations starting July 1, part of an ongoing effort to bring more customers in the door. Full Story »
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Homebuyer Tax Credit Closing Deadline May Be Extended
U.S. News & World Report – 25 mins agoWith the deadline to qualify for Uncle Sam's homebuyer tax credit quickly approaching, Congressional lawmakers are trying to provide additional time for consumers scrambling to close transactions. Full Story »
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Papers in Europe weather crisis better than US
AP – Mon Jun 14, 1:23 pm ETPARIS - European newspapers are weathering the media crisis better than their U.S. counterparts, a report released Monday suggested. Full Story »
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What goes up, down then winds up the same? Stocks
AP – Sun Jun 13, 2:36 pm ETNEW YORK - The stock market has been swinging wildly but going nowhere. Full Story »
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Fed's Bullard says strong global recovery under way
Reuters – Mon Jun 14, 8:59 am ETTOKYO (Reuters) - A strong global economic recovery is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of an asset bubble in China, a top Federal Reserve official said on Monday. Full Story »
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Earnings Preview: FedEx 4Q earnings
AP – 2 hrs 44 mins agoNEW YORK - FedEx Corp. is set to report fiscal fourth-quarter earnings on Wednesday. Full Story »
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These 3 Families Paid Off $373,000
The Motley Fool – Mon Jun 14, 2:56 pm ETIt's easy to get discouraged when your financial big picture is drenched in red ink -- especially if you stop to calculate how much you're paying just for the interest on your debt. Phil Gardner did just that a few years ago, and realized that he'd forked over $193,345.59! Full Story »
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Moody's cuts Greek rating to junk
Reuters – 33 mins ago
Reuters NEW YORK/ATHENS (Reuters) - Moody's cut Greece's credit rating to junk status on Monday over risks to an EU/IMF bailout package, highlighting persisting doubts over the country's ability to exit a severe debt crisis. Full Story »
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US retail sales plunge for first time in eight months
AFP – Fri Jun 11, 4:54 pm ET
AFP/Getty Images/File WASHINGTON (AFP) - US retail sales slumped for the first time in eight months, the government said Friday, casting doubts on an economic recovery hinged on consumer spending. Full Story »
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Dem surprises Fla. Senate race despite odd baggage
AP – 4 mins ago
AP FORT LAUDERDALE, Fla. - Boxer Mike Tyson was the best man at his wedding. Hollywood madam Heidi Fleiss lived in his guest house. And the television ads for Jeff Greene's out-of-nowhere bid for Florida's Senate seat are financed by a fortune made from betting on the fall of the housing market. Full Story »
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Obama sees light ahead for oil-damaged Gulf Coast
AP – 12 mins ago
AP THEODORE, Ala. - In a newly optimistic tone, President Barack Obama promised Monday that "things are going to return to normal" along the stricken Gulf Coast and the region's fouled waters will be in even better shape than before the catastrophic BP oil spill. Full Story »
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Parts maker expands 3 NC plants, adds 330 jobs
AP – 50 mins agoRALEIGH, N.C. - With companies hiring few workers in the prolonged recession, economic developers are trying to create jobs by offering tax breaks and other incentives they might not have a few years ago. Full Story »
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E-Book Readers Bomb on College Campuses
BusinessWeek – Fri Jun 11, 8:08 am ET(Corrects the location of Case Western Reserve University in the 12th paragraph.) Full Story »
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World News
Huge obstacles seen in exploiting Afghan minerals
AP – 3 mins agoIt could take years and possibly even a peace settlement for Afghanistan to reap profits from nearly $1 trillion in mineral resources that U.S. geologists say lie beneath its rugged terrain — some in areas currently controlled by Taliban insurgents or warlords. Full Story »
Technology News
Microsoft makes big push for new game audience
AP – 1 hr 22 mins agoTo appeal to families ready to graduate from the Nintendo Wii, Microsoft Corp. wants to build on the success of the Wii's motion-capture wand — by getting rid of the wand entirely. Full Story »
Science News
Scientists retrieve capsule, seeking asteroid dust
AP – Mon Jun 14, 1:00 pm ETA team of scientists flew to the Australian Outback on Monday and recovered a Japanese space capsule that they hope contains asteroid samples providing clues into the evolution of the solar system. Full Story »
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- Biz Break: Microsoft's Xbox Kinect at E3: 'You are the controller' San Jose Mercury News – 1 hr 30 mins ago
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- Huckaby apologizes as details of killing emerge San Francisco Chronicle – Mon Jun 14, 1:58 pm ET
- Sunnyvale: Man attacked for being Muslim, public safety officers say The Sunnyvale Sun – 7 mins ago
- Monsignor James Walsh is retiring after 21 years at St. Christopher's Church in San Jose The Sunnyvale Sun – Thu Jun 10, 11:10 pm ET
