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European shares turn positive; banks rebound

European shares turn positive; banks rebound

European shares turned positive in morning trade on Monday, with banks rebounding from earlier falls as investors reassessed last week’s news that U.S. President Barack Obama planned to curb banks risk-taking. By 1019 GMT, the...

Toll in Ethiopian plane crash rises

Toll in Ethiopian plane crash rises

An Ethiopian Airlines plane carrying 90 people caught fire and crashed into the sea minutes after taking off from Beirut early Monday, setting off a frantic search as passenger seats, baby sandals and other debris...

Growth and hiring outlook improves

Growth and hiring outlook improves

Economists are optimistic that the recovery will continue in 2010, as the pace of job losses slows and hiring picks up, according to a survey released Monday. In the quarterly survey by the National Association...