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February 13, 2015 4:51 PM To survive, the eurozone must become more like the United States

Another round of negotiations between Greece and the eurozone’s powers-that-be broke down on Thursday. That leaves the two sides with little time to negotiate the terms of further aid to Greece before the current bailout runs out at the end of February. If they can’t come to an accord, Greece may well pack up its bags and ditch the eurozone. On its face, this is a straightforward 10

February 13, 2015 8:58 AM Rocket Internet hikes capital after investment spree

FRANKFURT (Reuters) - Ecommerce investor Rocket Internet, which held its initial public offering just four months ago, completed a quick-turnaround capital increase on Friday to help fund its global investment spree, raising around 588.5 million euros ($673 mln). The Berlin-based company said it placed 12.01 million shares at 49 euros each in order to allow 10

February 12, 2015 10:29 PM Wall St lifted by hopes of Ukraine ceasefire, upbeat earnings reports

Pantheon Macroeconomics chief economist Ian Shepherdson, The Wall Street Journal's top forecaster for 2014, explains how he predicted 2014 correctly and offers his outlook for 2015. Photo: Twitter.com/ianshepherdson. US stocks boosted by strong gains in European markets and a raft of positive corporate-earnings reports. At the closing bell, the Dow Jones 9

February 12, 2015 9:50 PM Proposal would prevent tuition hikes at Florida graduate schools

Last year, Republican Gov. Rick Scott made holding the line on college tuition a top priority. Scott has unveiled a new proposal that would prohibit universities from raising graduate school tuition after 2015. His office says the measure is necessary because the average graduate tuition rate for residents has jumped more than 12 percent since 2012. At Florida 9

February 12, 2015 8:50 PM Venezuela's 4 cents a gallon gas is set for a major hike

As we drive along, Rivas tells me he was struggling to make ends meet as a delivery man, so he quit and started using his own car as taxi. “A regular wage just isn't enough to cover groceries and support a family any more,” Rivas says. “I had to start driving a cab.” Rivas is starting to get ahead a little bit, because even though prices in general are soaring 24

February 12, 2015 7:01 PM Fed to release bank stress test results March 5

WASHINGTON Feb 12 (Reuters) - The Federal Reserve on Thursday said results of its latest bank stress tests will be released on March 5 at 4.30 p.m. (2130 GMT). The annual examination of the 30 largest financial institutions operating in the United States is seen as a critical part of the government's ability to ensure individual banks are prepared to withstand 9

February 12, 2015 12:37 PM Democracy under way, Tunisia turns to tough economic agenda

TUNIS (Reuters) - Just two days after confidently promising economic reforms to match Tunisia's transition to democracy, new Prime Minister Habib Essid was forced to say he would roll back a new tax after police shot dead a man protesting it. Tunisia has been praised as an example of compromise politics and democratic transition since overthrowing its autocrat 28

February 12, 2015 11:30 AM the latest international news as video on demand

STOCKHOLM (Reuters) – Sweden shocked markets on Thursday by introducing negative interest rates, launching bond purchases and saying it could take further steps to battle falling prices. The central bank joins a list of those including the European Central Bank, the U.S. Federal Reserve and the Bank of England, to resort to unconventional monetary policy 9

February 12, 2015 10:37 AM Amid The T's Crisis, Gov. Baker Is Showing His Management Style. It's Not Pretty.

Throughout his campaign for governor, Charlie Baker regaled us with tales of his nigh superhuman management abilities. At times it seemed as though through sheer will and broad grin, he alone rescued Harvard Pilgrim Health Care and its customers from certain doom. He was the man with the infallible spyglass, capable of discerning hidden waste in the dark crevices 25

February 12, 2015 1:16 AM Jimmy Haslam doesn't expect Cleveland Browns to be big spenders in free agency

BEREA, Ohio - The Browns have ample salary-cap space, but don't expect them to spend big in free agency. Two weeks after announcing the first season-ticket price hikes in eight years, Browns owner Jimmy Haslam said the club doesn't plan to make a significant splash in free agency, which opens March 10. "I think you'll see us playing less in free agency 10