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Markets close out 2012 with a bounce ... Banks close to $10B foreclosure settlement ... Britain's EU membership revisited ... Survey measures airlines on rudeness ... News from United Press International.
NEW YORK, Dec. 31 (UPI) -- Crude oil prices topped $91 per barrel Monday in New York while U.S. budget talks continued in Washington although no deal had been reached.
NEW YORK, Dec. 31 (UPI) -- U.S. markets jumped Monday on encouraging news about a budget deal in Washington that would avert the so-called fiscal cliff.
NEW YORK, Dec. 31 (UPI) -- Gold and silver prices jumped in New York Monday after President Barack Obama said a settlement to avert the fiscal crisis was near.
CHICAGO, Dec. 31 (UPI) -- Grain futures were mixed in the last trading session of 2012 with unresolved "fiscal cliff" talks in Washington casting a shadow over commodity markets.
WASHINGTON, Dec. 31 (UPI) -- Banking regulators are close to signing a $10 billion deal with 14 banks to settle charges of foreclosure abuses, sources told The New York Times.
Stocks take 'fiscal cliff' in stride ... Tribune Co. emerges from bankruptcy ... More Canadians confident of finances ... Italy tops U.S. 2013 travel wish list ... News from United Press International.
NEW YORK, Dec. 31 (UPI) -- A survey of flyers found American Airlines was the most-criticized U.S. airline when judging the rudeness of its employees.
LONDON, Dec. 31 (UPI) -- Business lobbyists in Europe are proposing Britain reduce its membership status in the European Union, but keep ties to the EU under a new designation.
CHICAGO, Dec. 31 (UPI) -- Tribune Co.'s prolonged stay in bankruptcy court is over, said officials of the multimedia company that began as a Chicago newspaper.
Lawmakers in Washington got closer to a deadline, closer to a deal and further, it would seem, from logic, reason and sanity.
TORONTO, Dec. 31 (UPI) -- Canadians' financial confidence is growing, with 70 percent feeling good about the year ahead, a 6 percent jump from a year ago, a poll indicates.
NEW YORK, Dec. 31 (UPI) -- If time and money were no object, U.S. adults would like to travel to Italy, Australia, New Zealand, Britain and France, a survey indicates.
NORWALK, Conn., Dec. 30 (UPI) -- New York City topped Priceline.com's Top 50 destinations for New Year's based on thousands of hotel booking requests, officials of the travel website said.
CAIRO, Dec. 30 (UPI) -- The Egyptian government said Sunday it was seeking input from the public on a new economic policy.
Toyota settles sudden acceleration suit as sales rebound
Poised to reclaim the No. 1 car company title from General Motors Co., Toyota has agreed to settle class-action lawsuits related to unintended acceleration claims.
Tax evasion in Greece big part of deficit
BERKELEY, Calif., Dec. 29 (UPI) -- Almost 50 percent of Greece's deficit in 2008 -- $37 billion -- could have been eliminated if some of the wealthiest hadn't evaded taxes, U.S. researchers say.
MADRID, Dec. 29 (UPI) -- The Spanish government has decided to do away with medium-distance train lines and replace them with buses to save money, officials said.
Airlines: 2012 safest in nearly 50 years ... France strikes down tax hikes for rich ... Nikkei streaks, ends year at high point ... Dexia granted $118 billion bailout ... News from United Press International.
MADRID, Dec. 29 (UPI) -- Spain's local and national government agencies are $18.1 billion behind on paying their bills, a government report said.
NEW YORK, Dec. 29 (UPI) -- Commercial flying in the United States and elsewhere in 2012 was safer than it has been in more than nearly fifty years, industry data show.
GLASGOW, Scotland, Dec. 29 (UPI) -- A spokesman for the Scottish Conservative Party called on local governments to redeploy unspent funds earmarked for green energy initiatives.
BRUSSELS, Dec. 29 (UPI) -- The European Commission has granted struggling bank Dexia its third bailout since 2008, with plans to break the firm into two smaller companies.
TOKYO, Dec. 29 (UPI) -- A financial analyst said Japanese stocks were benefiting from the weakening yen, which pushed the Nikkei 225 above its pre-earthquake level Friday.
SAINT-NAZAIRE, France, Dec. 28 (UPI) -- The struggling STX France shipyard in Saint-Nazaire, France, said it had secured a luxury liner contract worth more than $1.3 billion.
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Flags-In Ceremony at Arlington National Cemetery
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Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch