By DESMOND BUTLERAssociated Press
WASHINGTON (AP) - The International Monetary Fund is estimating that Spanish banks need at least a euro40 billion ($49.87 billion) capital injection following a stress test it performed on the country's financial sector.
NEW YORK (AP) - Moody's Investors Service said Friday that it may consider downgrading debt ratings for some eurozone nations if Spain seeks a bailout for its banking sector or Greece ends up dropping the euro as its national currency.
The ratings firm said it
By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - Federal health regulators have delayed a decision on whether to approve the first pill shown to prevent HIV infection, the drug's manufacturer says.
Gilead Sciences disclosed Friday that the Food and Drug
NEW YORK (AP) - Some AT&T workers in California and Nevada are walking off the job to protest a memo that the union says impugned their work performance.
The phone company and the Communications Workers of America are negotiating a new contract, but Friday'
By The Associated Press
Products being recalled this week include about 35,000 convertible high chairs that pose a falling risk for children and folding deck chairs that can't hold their specified weight.
By ALEX VEIGAAP Real Estate Writer
LOS ANGELES (AP) - The parent company of Realogy Corp., which operates franchise real estate brokerage brands such as Century 21 and Coldwell Banker, plans an initial public offering of stock that looks to raise as much as $1 billion.