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PORTLAND, Maine (AP) — Burt Shavitz, the Burt behind Burt's Bees who co-founded the natural cosmetics company, died Sunday. He was 80.
TOKYO (AP) — Asian markets mostly fell Monday as investors reacted to Greece's sound rejection of terms set by its international creditors, deepening uncertainties over its status as a member of the 19-nation eurozone. But Chinese shares rebounded after heavy losses last week.
Athens (AFP) - 02:27 GMT - Black hole - Anne Laure Delatte, an economist at the French Institute for Scientific Research, says pouring more money into the black hole of Greece’s finances will not be popular with voters in other eurozone countries, particularly in the more hardline Baltics, Finland and the Netherlands.
Chancellor George Osborne on Sunday said he had found all 12 billion pounds of welfare cuts he needs as part of his plan to balance the current budget by 2017/18, speaking ahead of his budget announcement on Wednesday. The budget is Prime Minister David Cameron's Conservatives' clearest chance in almost two decades to remould Britain into a low-tax, small-state economy after an unexpectedly decisive election victory handed Osborne a mandate to make deep cuts. To meet his target, Osborne says he needs to cut the annual welfare bill by 12 billion pounds, make 13 billion pounds of departmental spending reductions, and to raise an extra 5 billion pounds by clamping down on tax evasion and avoidance.
ARLINGTON, Texas (AP) — Albert Pujols hit his AL-leading 25th home run, Kole Calhoun homered and drove in four runs and the Los Angeles Angels finished a dominant three-game sweep of the Texas Rangers with a 12-6 victory Sunday night.