Discredited American pornography scholar Hugo Schwyzer continued his unbelievable descent into public infamy after crashing his car while under the influence of prescription medication, seriously injuring another driver. The woman he hit was airlifted …

Germany and other countries forced EU ambassadors to postpone a vote on the deal in June amid concerns that it would put too much of a burden on luxury car makers like Daimler and BMW. Claudia Wiese in Frankfurt contributed to this article. Write to …

A politically connected Northbrook man twice convicted of fraud is facing new charges that he stole millions of dollars in financing on luxury car leases at his suburban leasing agency. Marc Zaransky, 50, was charged last week with one count of federal …

Other names considered and rejected would have embraced real–estate industry jargon, selling the neighborhood's proximity to other districts—Times Square South, North Chelsea and Midtown West. Simply embracing the old name isn't going to stop the …

A senior Chinese official has warned that the "clock is ticking" to avoid a US default that could hurt China's interests and the global economy. China, the US's largest creditor, is "naturally concerned about developments in the US fiscal cliff", vice …

… Monday as investors feared the stalling budget talks in Washington over the Patient Protection and Affordable Care Act, popularly known as Obamacare, will destroy the country's international credibility and plunge the global economy into another …

With the US government shutdown and political deadlock at the US Congress threatening a global economic fallout, IMF Managing Director Christine Lagarde said that countries will need to adopt strong national policies and work together even more closely …

JP Morgan economist Grace Ng wrote in a research report that developed markets are expected to lead the global economy to "trend-like" growth in the coming months, "which would likely support Taiwan's export and industrial sectors"—while an improved …

Surging business confidence in rich countries has put the global economy “back on track” to resume a steady recovery, according to the latest Brookings Institution-Financial Timestracking index. The improvement in outlook has come as a surprise over …