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ECB's Weidmann says Monte dei Paschi bailout must be carefully weighed: Bild
FRANKFURT European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many questions remain to be answered, according to German newspaper Bild."For the measures planned by the Italian government the bank has to be
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Target posts smaller-than-expected drop in comp sales, shares up | Reuters
Target Corp (TGT.N) reported a smaller-than-expected drop in quarterly comparable sales on Wednesday, as sales picked up in March after a slow start to the quarter.Shares of the company rose 6 percent to $57.90 in premarket trading.
Lufthansa pilots start two-day strike, hundreds of flights canceled
BERLIN Lufthansa (LHAG.DE) pilots in Germany began a two-day strike on Wednesday, grounding hundreds of flights at one of Europe's largest carriers in a bid to increase pressure on management in a long-running pay dispute. The pilot's union initially called
Consumer drone business stumbles, but commercial markets beckon
By Heather Somerville | SAN FRANCISCO SAN FRANCISCO The fledgling drone industry is in the throes of change as weak consumer
