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Worker burnout warnings spread across World Economic Forum

Anti-depression drug sales up in Germany DAVOS, Switzerland – After a brutal four days of world leaders’ speeches, schmoozing and wild parties, exhausted global delegates at the World Economic Forum were warned of the growing dangers of burnout for society. Economic turmoil, round-the-clock communication and constant social pressure to succeed…

Republicans lie in wait for returning Obama

President Barack Obama swaps serene Hawaii for the partisan hurly-burly of Washington Tuesday, with empowered Republicans maneuvering to strangle his health care law and stall his new momentum. Obama will return from holiday a day before Republicans formally take possession of the House of Representatives on Wednesday after their November…

‘Our job is to govern,’ not bicker, says Obama

President Barack Obama, heading back to Washington where a new divided Congress awaits, said Tuesday he expects Republicans will try to stall his reforms but ultimately will work with him to improve the battered economy. “You know, I think that there’s going to be politics, that’s what happens in Washington,”…

Obama resolves to fix economy in 2011

HONOLULU – President Barack Obama has set his New Year’s resolution high for 2011: repair the struggling economy. In his weekly radio and Internet address on Saturday, the vacationing president said recent data showed the economic recovery was gaining traction even as millions of Americans are still out of work.…

Obama seeks ‘common mission’ with CEOs

President Barack Obama sat down for a long morning of talks with powerful CEOs Wednesday, seeking to spur hiring amid high unemployment and mend ties with corporate America after an election drubbing. Obama was meeting privately with 20 heads of top firms including Google, American Express, PepsiCo and General Electric,…

Cable: Cuba’s economy could be insolvent in three years

Docs: US predicts Caribbean island nation in decline A newly released confidential U.S. diplomatic cable predicted Cuba’s economic situation could become “fatal” within two to three years, and detailed concerns from other countries’ diplomats — including China — that the communist-run country has been slow to adopt reforms. The cable…

Dem: If we’d let economy crash, we’d be in power for 40 years

A departing Democratic lawmaker says his party is paying a political price for doing the right thing and working to rescue the economy from the financial collapse of 2008. In an interview with The Hill, US House Rep. Brian Baird (D-WA) defended the Democrats’ decision to support the $700-billion TARP…

FDIC launches 50 criminal investigations into bankers

The Federal Deposit Insurance Corporation has launched criminal investigations into approximately 50 banking executives involved in the financial crisis, AP reports. Deputy Inspector General Fred Gibson said Wednesday the inspector general’s office at the Federal Deposit Insurance Corp. has been probing the role of the executives in bank failures around…

For 2010 elections, it’s all about the economy, exit poll shows

Voters were intensely worried about the future of the economy Tuesday and unhappy with the way President Barack Obama and Congress have been running things. They didn’t hold a favorable view of either the Republican or Democratic parties, according to an Associated Press analysis of preliminary exit poll results and…

France: Strikes costing up to $560 million per day

French finance minister says strikes are costing the country up to $560 million per day France’s massive strikes are costing the national economy up to euro400 million ($562 million) each day, the French finance minister said Monday, as workers continued to block ports, oil refineries and trash incineration plants to…

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