Video: SportsTalk: Winning weekend for Yankees

HONG KONG (AP) ? Growing worries about weak demand from key trading partners including the U.S. and Europe prompted the Asian Development Bank to announce Wednesday that it is trimming its forecast for economic growth in developing Asian countries. The ADB said Wednesday it is lowering its 2011 growth forecast slightly to 7.5 percent from …

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NEW YORK (Reuters) ? MBIA Inc (MBI.N) may pursue a lawsuit accusing Bank of America Corp’s (BAC.N) Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion. A New York state appeals court in Manhattan agreed with a lower court that MBIA stated a claim for fraud, but …

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ROME ? The cruise ship grounded off Tuscany shifted again on its rocky perch Friday, forcing the suspension of diving search operations for the 21 people still missing and raising concerns about the stability of the ship’s resting place. However, crews began combing the area above the waterline in the evening after officials determined the …

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Italian Prime Minister Silvio Berlusconi survived scandals from corruption to underage prostitution. But the economy pushed Italy’s flamboyant leader to resign. An era appears to be coming to a close for Italy, as Prime Minister Silvio Berlusconi officially announced his intention to resign. His move comes on the heels of the exit of Greece’s prime …

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This Nov, 15, 2011 photo, shows Rudolph the Red Nose Reindeer, left, and Hermey, both figures from the animated show Rudolph the Red Nose Reindeer, at the Microsoft office in San Francisco. (AP Photo/Jeff Chiu) This Nov, 15, 2011 photo, shows Rudolph the Red Nose Reindeer, left, and Hermey, both figures from the animated show …

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