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Greece and the euro. What's next?

Investors are getting increasingly worried about whether Greece will remain in the eurozone. And they should.... More

LightSquared to file for bankruptcy

Unable to reach a deal with its lenders, upstart wireless carrier LightSquared will file for bankruptcy Monday, according to two sources with knowledge of the company's plans.... More

California wants to tax rich to solve budget woes

Tax the rich! That's how California Governor Jerry Brown wants to solve the state's growing budget crisis that now nears $16 billion.... More

'Au'-sterity for gold as prices plunge

So much for gold being a safe investment in times of market volatility.... More

Oil prices hit five-month low

Oil prices fell more than $2 a barrel Monday, hitting a five-month low as worries over Greece and JPMorgan's big loss spooked traders.... More

Ousted CEO may have to write Yahoo a $7 million check

Depending on how ousted Yahoo CEO Scott Thompson is officially let go, he could owe the company $7 million on the way out the door.... More

JPMorgan trading flap stirs Congress

Congress is beginning to weigh in on the news that JPMorgan Chase lost $2 billion on complex trades intended to hedge against economic risk, and that the losses could mount.... More

The curse of the Volvo 240

It became huge news recently when Volvo Cars signed an endorsement deal with Knicks basketball sensation Jeremy Lin to cash in on the booming market for upscale cars in China.... More

A former children's publisher goes back to school

Before Deborah Kenny quit her job in 2001 to start a school for underprivileged youth in Harlem, her friends staged an intervention. They listed their concerns: She would run out of money, she'd lose her house, and, worst of all, as a new widow she wouldn't be able to adequately provide for her three young children. Kenny did not budge. "I felt like I would die if I didn't start this school," she says. Kenny found herself sketching out the plans for her new education program during meetings, the way others might doodle.... More

Classic Ferrari boat sells for $1.1 million

A 600-horsepower 1953 Ferrari-powered speedboat sold for $1.1 million Saturday at an auction in Monaco.... More

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