NEW YORK, Dec. 22 (UPI) -- Forensic accountants will be kept busy -- very busy -- by a New York case involving a potential $50 billion Ponzi scheme, experts said.
TORONTO, Dec. 22 (UPI) -- Tractor-trailers traveling in the Canadian provinces of Ontario and Quebec must have speed limiters installed after Jan. 1 new laws stipulate.
LONDON, Dec. 22 (UPI) -- A member of the Bank of England's Monetary Policy Committee said the bank was aware the previous housing bubble was unsustainable.
DETROIT, Dec. 22 (UPI) -- Experts say the next critical step in helping U.S. automakers recover is for Americans to show up in dealers' showrooms and buy a new car.
HARTFORD, Conn., Dec. 22 (UPI) -- Germany's Munich Re said Monday it will purchase the Hartford Steam Boiler Inspection and Insurance Co. for $742 million.
LONDON, Dec. 22 (UPI) -- The British government is talking tough, but considering taking action to help out the country's ailing automakers, senior officials say.
LONDON, Dec. 22 (UPI) -- Britain's organic farmers say they're asking the government for a "holiday" from strict standards in the face of economic hardships and slumping sales.
TORONTO, Dec. 22 (UPI) -- Unionized Canadian autoworkers could face pay cuts of as much as $25 per hour, and the Canadian Auto Workers union says it appears there's little to negotiate.
WASHINGTON, Dec. 22 (UPI) -- Protectionist trade policies emerging in India, Indonesia, Russia and South America could be a setback for economic recovery, trade policy experts said.
PRINCETON, N.J., Dec. 22 (UPI) -- The percentage of U.S. adults believing an economic depression is possible or even likely has grown in the past months, a recent survey said.
NAGOYA, Japan, Dec. 22 (UPI) -- Japanese automaker Toyota, hit by falling overseas demand and a rising yen, said Monday it expects an operating loss in 2008, the first in its history.
TOKYO, Dec. 22 (UPI) -- Japan, hit by slowing overseas demand for its products, had a trade deficit of 223.4 billion yen ($2.48 billion) in November, the government said Monday.
NEW YORK, Dec. 21 (UPI) -- Some U.S. businesses are cutting labor costs but saving jobs, using an array of approaches including cutting hours and freezing wages, The New York Times said.
BERLIN, Dec. 21 (UPI) -- A former accountant for the German engineering giant Siemens from 2002 to 2006 says he oversaw an annual bribery budget of about $40 million to $50 million.
CLEVELAND, Dec. 21 (UPI) -- National City Bank stockholders say they are upset by the bank's probable sale to PNC Financial Services Group Inc. of Pittsburgh.
WASHINGTON, Dec. 21 (UPI) -- A U.S. law that will require toy makers to pay for independent lab testing of their products has some companies rethinking business in the United States.
BALTIMORE, Dec. 20 (UPI) -- Baltimore's Provident Bankshares has been purchased by M&T Bank of Buffalo, N.Y., in a $401 million stock deal, company officials say.
DETROIT, Dec. 20 (UPI) -- The Detroit automakers bailout would force the surrender of the United Auto Workers to the non-union labor movement of the U.S. South, analysts say.
TORONTO, Dec. 20 (UPI) -- Canadian Auto Workers says the union will resist if Canada's $4 billion automaker rescue package calls for deep concessions from its members.
HONOLULU, Dec. 20 (UPI) -- A Hawaiian official says a drastic decline in tourists has the island state's tourism industry facing its worst year in several years.
LONDON, Dec. 20 (UPI) -- British Prime Minister Gordon Brown says he doesn't want his government to bail out struggling British car makers or their subsidiaries.
A woman is helped by soldiers during presidential elections, in Zakazik 80 Kilometers (50 miles) north of Cairo, Egypt, Wednesday, May 23, 2012. Egyptians went to the polls on Wednesday morning to elect a new president after the fall of ex-President Hosni Mubarak last year. UPI/Ahmed Jomaa
