Trial For Suspects Accused Of Stealing 220-Pound Solid Gold Coin Begins In Germany

The trial of four men accused of stealing a 220-pound solid gold coin worth an estimated $4.3 million from a German museum began in Berlin on Thursday. Prosecutors say three of the suspects crawled into the Bode Museum through a third story window using a ladder on an elevated train …

China Takes Wind Out Of Apple iPhone Sales

Apple is cutting billions from its revenue estimates for the just-ended holiday season, citing sharply slower iPhone sales in China. “While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” CEO Tim Cook said Wednesday in a …

A Warning About U.S. Credit Rating Could Signal Higher Interest Rates

A major credit rating agency is warning that it will reconsider the nation’s AAA rating if the partial U.S. government shutdown continues into March and raises doubts about the ability of Congress to lift the debt ceiling. A downgrade of the nation’s pristine credit rating could lead to higher borrowing …