News & Commentary

By Nadia Damouni and Bill Rigby Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion in its biggest-ever acquisition, placing a rich

Shares in American International Group Inc. tumbled on Monday, deepening a slide that’s brought the insurer’s shares to the lowest point in eight months and

By Joe Weisenthal The big news of the day: Yet again, students are graduating college with a record amount of debt. Continue reading the article

Trading set to kick off in May as Hong Kong burnishes status By Chris Oliver Hong Kong is on track to kick off a new

By Daniel Wagner Fannie Mae asked the government Friday for an additional $8.5 billion in aid after declining home prices caused more defaults on loans

San Francisco’s one-of-a-kind program puts nonviolent criminals to work for clean records. By Caroline Cournoyer In San Francisco, people accused of low-level, nonviolent crimes were

Top contractors dominate the market with billions in government business. The Top 100 government contractors pulled in nearly $130 billion in prime contracts last year. We

Federal Reserve Chairman Ben Bernanke called for more lending to people and small businesses in lower-income neighborhoods, saying they’ve been disproportionately hurt by the recession.

By Christian Reiermann The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government’s actions have informed SPIEGEL