Sluggish government spending slows Philippine economic growth to 5.2 percent in 1Q
MANILA, Philippines (AP) -- Sluggish government spending slowed Philippine economic growth in the first quarter of this year, officials said Thursday....

Tiffany, Michael Kors, Workday, DSW and Hydrogenics are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:...

US bank earnings up 6.9 percent in Q1; 'problem' banks fell to 6-year low
WASHINGTON (AP) -- U.S. banks' earnings rose 6.9 percent in the first quarter from a year earlier as revenues increased, delinquent loans continued to fall and the number of "problem" banks reached a six-year low....

Spain seeks revamp of EU monetary system, new mandate for European Central Bank
MADRID (AP) -- Spain's government is calling for an overhaul of the European Union's common economic policy and for the European Central Bank to play a greater role in avoiding future crises....

German consumers remain optimistic for June amid robust domestic demand, low inflation rates
BERLIN (AP) -- A closely-watched survey shows German consumers remain optimistic as their economic expectations and willingness to make purchases have been bolstered by robust domestic demand and low inflation rates....

Puerto Rico lawmakers approve sales tax increase; gov expected to sign bill
SAN JUAN, Puerto Rico (AP) -- Legislators on Tuesday narrowly approved an increase in the U.S. territory's sales tax to help generate more revenue and offset a deep fiscal crisis....

CAE misses 4Q earnings expectations, tops revenue forecasts
MONTREAL (AP) -- MONTREAL (AP) - CAE Inc. (CAE) on Tuesday reported fiscal fourth-quarter profit of $51.7 million (63.3 million CAD)...

Juan Pablo Montoya earns $2.4 million for Indy 500 win
INDIANAPOLIS (AP) -- Juan Pablo Montoya was all smiles at the victory banquet Monday night where he celebrated his second Indy 500 win in three tries....

ECB's conference probes reasons behind persistent high jobless rates in currency union
SINTRA, Portugal (AP) -- What's behind Europe's sluggish recovery and high jobless rate? What can central banks and governments do to get things going?...

Cheaper oil isn't such a benefit for US economy anymore as pullbacks in drilling cause damage
WASHINGTON (AP) -- If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy....

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