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World business
AP

For India's new
rich, it's time
for happy hour

Imported booze flows where consumption has been frowned upon.  Full story

Eye on the Economy
Image: Obama visits General Electric in Schenetady New York
Reuters

Obama turns his focus
to boosting job growth

President names GE's CEO Jeffrey Immelt as chair of new Council on Jobs and Competitiveness, restructuring his economic team to place an emphasis on jobs.  Full story

GE’s upbeat earnings bode well for global economy
Plans mulled to let states escape debt

Proponents say some states are so burdened that the only way for them to recover is through bankruptcy. Full story

Housing market still holds economy back