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Carmakers show off in Frankfurt but outlook dims
FRANKFURT — The world’s carmakers showed off the next generation of cleaner, smaller, and higher-mileage vehicles at the Frankfurt auto show Tuesday, but all the thumping sounds systems, slick videos and glossy concept cars could not obscure the anxiety about Europe’s financial crisis. The industry’s fortunes have largely turned around since a recession emerged from […]
Court rules Samsung can’t sell tablet in Germany
BERLIN — Samsung Electronics cannot sell its new Galaxy Tab 10.1 tablet computer in Germany after a court ruled Friday that its design “too closely” resembles Apple’s iPad2. The ruling by a Duesseldorf state court, however, only applies to direct sales from the Seoul, South Korea-based company, meaning distributors who acquire the Galaxy Tab 10.1 […]
Developed nations look to restore growth
MARSEILLE, France — The financial leaders of the world’s most developed economies were wrangling Friday over how to revive a faltering economic recovery at a time when interest rates are already low and government debt is high. The so-called Group of Seven economies — the U.S., Canada, Japan, the U.K., France, Italy and Germany — […]
Experts downbeat on global economy
CERNOBBIO, Italy — Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous cocktail of sluggish growth, eurozone dysfunction, and financial market volatility. The year’s events — from natural disasters and violent uprisings to fears of debt defaults […]
U.S. stocks fall on global economic worries
NEW YORK — More evidence of a slowing global economy sent stocks falling Tuesday and threatened to end the market’s three-day rally. Germany’s economy stalled last quarter and dragged down growth for Europe. In the U.S., reports painted a mixed economic picture: Housing remains weak, but factory output rose last month at its fastest pace […]
Fed’s low rates pledge supports global stocks
LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors’ jitters, sending stock markets around the world higher Wednesday. The Fed’s surprise announcement Tuesday that it would likely keep its Fed funds rate at near zero percent through 2013 to help the ailing […]
German national faces sentence in Hagerstown assault
A German national who was extradited to Maryland on a 10-year-old rape charge faces up to 25 years in prison. Fifty-one-year-old businessman Klaus Von Mahr is scheduled for sentencing Tuesday in Hagerstown. He pleaded guilty last month to assault for attacking a Hagerstown woman in November 2000. He fled to Germany after she reported the […]
Like sprouts? Experts say cook first to be safe
LONDON — Salad eaters, beware. Experts say it’s little surprise that sprouts are behind the world’s deadliest E. coli outbreak. Sprouts need warm and humid conditions to grow — precisely the same conditions required by bugs like E. coli and salmonella to thrive. And raw sprouts have been blamed before in food poisoning outbreaks, in […]
Health officials focusing on tainted produce
NEW YORK — On the path from farm-to-fork, there are many ways that foods can pick up nasty germs like the E. coli bug sickening more than 1,600 people across Europe. But there are steps consumers can take to avoid getting infected. Health officials haven’t pinpointed the source of the food poisoning outbreak that has […]
Md. praised for bill seeking rail companies’ Holocaust roles
ANNAPOLIS — Members of Congress are praising Maryland lawmakers for approving a bill requiring the French rail company SNCF to disclose its role in transporting victims of the Holocaust, if the company seeks a procurement contract to provide MARC train service in the state. In a letter released Wednesday, eight lawmakers point out that the […]
Frederick Beer Week celebrates local brews
FREDERICK — When Frederick County was settled by a large population of German immigrants, every farm wife was a home brewer, Tom Barse said. Frederick Beer Week will celebrate those local agricultural roots of brewing in Frederick from Tuesday to May 14 with events at local establishments featuring local beer and culminating in a Brew […]
Battle over NYSE is moving to shareholders
NEW YORK — A battle for control of the New York Stock Exchange moved into dueling appeals to shareholders Monday, a day after a rival bidder complained that its $11.3 billion bid was rejected without discussion. NYSE Euronext Inc. said Sunday that its board decided to turn down an offer from rival Nasdaq OMX Group […]
