Inflation in the 17 euro countries remained steady at 2.5 percent in August, adding to expectations the European Central Bank will hold off from raising interest rates — and may even consider cutting them — as economic growth slows.
Wednesday's figure is still above the ECB's target of just below 2 percent, but underlines that prices in the eurozone are not rising as quickly as earlier in the year. In June, inflation was 2.7 percent.Full Story
CNN has acquired Zite, an iPad service that learns about readers' tastes and customizes a digital magazine with stories from hundreds of different websites.
CNN, a cable news channel owned by Time Warner Inc., has no plans to change Zite's format, said K.C. Estenson, general manager of CNN's digital division.Full Story
Swedish automaker Volvo Cars says it is joining forces with Germany's Siemens AG in the development of a new line of electric cars.
Volvo, owned by China's Geely Holding Group, says Siemens will make the electric motors that will be fitted into Volvo C30 Electric vehicles.Full Story
A young Native American boy named Chii stares straight into the camera of Vicki Monks. His long, dark hair is tussled by the breeze as she captures his solemn expression while he waits for his family on the edge of a Yuchi burial ground in Oklahoma.
Monks is telling a story of sorts with Chii's photograph — a story about mixed American Indian ancestry.Full Story
Streaming movies might not yet have the equivalent of a theater experience, with roaring crowds crunching on popcorn, but they are getting more social.
Hollywood studios have increasingly looked to social media and Facebook, in particular, as a distribution platform. The early inroads have been experimental, but turning social media users into audiences is a bright new hope for a Hollywood looking to counter sagging DVD sales.Full Story
The display businesses of three major Japanese electronics makers are joining forces to become more competitive in small and medium-sized panels — a sector that's expected to grow because of the popularity of smartphones and tablets.
The display-business subsidiaries of Sony Corp., Toshiba Corp. and Hitachi Ltd. agreed to sign a deal later this year and to complete the business combination by the first few months of next year, the companies said Wednesday.Full Story
American actress Daryl Hannah has been arrested in front of the White House along with other environmental protesters who oppose a planned oil pipeline from Canada to the U.S. Gulf Coast.
The sit-in Tuesday involved dozens protesting the Keystone XL pipeline. It would go through six states to refineries in Texas.Full Story
Honduras President Porfirio Lobo has had it with his Cabinet ministers' cellphones.
Lobo calls it "a lack of courtesy" that the phones are ringing and beeping during the weekly two-hour Cabinet meeting. So he is banning cellphones from the meeting rooms at the presidential residence starting next week.Full Story
Sept. 11 is etched in the memories of millions, and as the 10th anniversary nears, cartoonists are etching their thoughts and emotions about 9/11 into comic strips.
With the anniversary falling on a Sunday, more than 90 cartoonists with five different syndicates have banded together to dedicate their strips on Sept. 11 to those whose lives were lost in the attacks. Sept. 11-themed strips will appear from the writers and artists of "Family Circus," ''Mallard Fillmore," ''Candorville," ''Doonesbury" and "Pluggers," among others.Full Story