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  • Johnson Controls declines lender role for A123 Saturday, 27 Oct 2012 | 11:15 AM ET

    MILWAUKEE-- Auto parts maker Johnson Controls is stepping away from its position as the debtor-in-possession lender during the bankruptcy process for battery maker A123 Systems in order to prevent delays.

  • Minister: Germany close to balanced budget in 2013 Saturday, 27 Oct 2012 | 10:55 AM ET

    BERLIN-- Germany's finance minister says the government will come close to balancing its budget next year as economic growth outpaces public spending.

  • Young millennials _ fiscal conservatives? Saturday, 27 Oct 2012 | 10:40 AM ET

    Listen to Caroline Winsett, a senior at DePaul University, who considers herself fairly socially liberal but says being fiscally conservative matters most right now. "Ultimately, I'm voting with my pocketbook," says Winsett, a 22- year-old political science major who's president of the DePaul student body.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remained highly menacing as it pulled away from the Bahamas, making a slow path toward the U.S. northeast coast where it threatens to become one of the worst storms in decades.

  • Russian opposition leaders detained in Moscow Saturday, 27 Oct 2012 | 10:25 AM ET

    MOSCOW-- Moscow police on Saturday briefly detained several opposition leaders as well as a dozen other activists while they were protesting against the intensifying crackdown on Russian opposition. But days later, he disavowed his confession and filed a complaint over what he said was his abduction from Ukraine.

  • *BP, Justice Department seek to settle civil, criminal charges.

  • *Hitachi made best offer, looks to win- source. TOKYO, Oct 27- Hitachi Ltd, Japan's largest industrial electronics maker, is close to buying British nuclear new-build project Horizon in a deal expected to be worth more than 50 billion yen, Japanese media said on Saturday.

  • Spanish police protest the loss of Christmas bonus Saturday, 27 Oct 2012 | 9:27 AM ET

    MADRID-- About 3,000 off-duty police officers are demonstrating in Madrid to protest the government's austerity measures, including the cancellation of their Christmas bonuses. Saturday's protest blocked one of the capital's central boulevards opposite the Interior Ministry.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • Russian opposition leaders detained Saturday, 27 Oct 2012 | 9:17 AM ET

    MOSCOW-- Russian opposition leaders have been detained while protesting what they say is the torture of a fellow activist. The three men were among hundreds of people gathered in central Moscow to protest an increasingly relentless crackdown on the opposition in Russia.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • JOHANNESBURG, Oct 27- Striking workers have reached a deal with platinum giant Anglo American Platinum to reinstate 12,000 miners sacked for an illegal strike, which could end the last major industrial action rocking South Africa's mining sector.

  • Russian tycoon to ditch business for politics Saturday, 27 Oct 2012 | 8:30 AM ET

    MOSCOW-- Billionaire New Jersey Nets owner and former Russian presidential candidate Mikhail Prokhorov said Saturday he's leaving business to focus full-time on politics, returning to the political arena after remaining silent through a five-month Kremlin crackdown on the opposition.

  • Air France demonstrators scuffle with police Saturday, 27 Oct 2012 | 7:50 AM ET

    PARIS-- Several hundred striking Air France workers have clashed with police during a demonstration inside Paris' Roissy-Charles de Gaulle airport. The protesters and police scuffled in one of the airport's departure halls Saturday, knocking over planters and surprising travelers waiting for flights.

  • TOKYO, Oct 27- Hitachi Ltd, Japan's largest industrial electronics maker, is close to buying British nuclear new-build project Horizon in a deal expected to be worth more than 50 billion yen, Japanese media said on Saturday.

  • Obama warns GOP not to undo Wall Street law Saturday, 27 Oct 2012 | 6:11 AM ET

    In his Internet and radio address Saturday, Obama drew attention to the Consumer Financial Protection Bureau, noting that it and other regulators recently cracked down on three credit card companies, ordering them to pay $400 million to people who were misled into making purchases they didn't want.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.

  • The White House said no new tax policy suggestion had been formulated. ``There's no specific new proposal such as this one at this time,'' a White House official said. The Post said the Obama administration wanted to match the benefits of the payroll tax reduction without tapping into Social Security revenues.

  • WASHINGTON, Oct 26- The Obama administration is considering a possible tax cut that would increase workers' take-home salaries and replace the payroll tax reduction set to expire at the end of the year, The Washington Post reported on Friday. The Post said the administration believed the economy could use further stimulus despite signs of improvement.