AP
DUBAI, United Arab Emirates - The heavily indebted Dubai World is not guaranteed by the emirate's government, a top financial official from the city state said Monday, offering little direction to anxious investors on a day when the United Arab Emirates registered a record fall on the back of Dubai's debt mess. Full Story »
WASHINGTON - Lawyers for Merck & Co. told the Supreme Court Monday investors waited too late and didn't do all of the necessary investigations to sue the drug maker over whether it properly warned about the risks of its blockbuster painkiller Vioxx. Full Story »
AP
WASHINGTON - The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program. Full Story »
AP
NEW YORK - Reviving worries about the strength of the holiday shopping season weighed on stocks. Full Story »
AP
NEW YORK - Retail Web sites kept amping up the deals Monday, the first day after the Thanksgiving holiday, to try to maintain the long weekend's strong online sales. Full Story »
WASHINGTON - The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that's been pumped into the economy during the financial crisis. Full Story »
PARIS - Online auction site eBay Inc. was fined euro1.7 million ($2.5 million) by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and Kenzo — all of which are owned by luxury group LVMH. Full Story »
SAN FRANCISCO - There's an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet search that it might pay newspapers to withhold their content from Google. Full Story »
AFP/File
The gap between what drivers are paying for gasoline compared with a year ago is widening and figures to get worse between now and the end of the year. Full Story »
GENEVA - China rejected Monday the charge that it was keeping the yuan artificially low against the dollar, but rather blamed another "major economy" for keeping its own currency weak. Full Story »
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