Between a stock and a hard place

The EU’s rescue plans for Greece have run into rough weather.

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London’s Olympic icon: Designed and funded by Indians

It is 375 feet high and weighs 1,400 tonnes. The ArcelorMittalOrbit, designed by Anish Kapoor, has been chosen as the monument to mark the 2012 London Olympics. Lakshmi Mittal will pick up most of the $30-million tab.

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What’s wrong with bubbles?

A few analysts are holding out that bubbles are often associated with positive economic phenomena, such as the invention of a transformative new technology, and that efforts to prevent bubbles may stifle innovation and hurt the economy.

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