AP Top Business News Is China poor? Key question at climate talks25 May. 20128:15 PM ET BONN, Germany (AP) — Another round of U.N. climate talks closed without resolving how to share the burden of curbing man-made global warming, mainly because countries don't agree on who is rich and who is poor.  Greek euro exit would be a recipe for hardship25 May. 20128:12 PM ET ATHENS, Greece (AP) — As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming increasingly likely. The effects of such a move would be as quick as they would be brutal for ordinary Greeks, who would essentially take a 50-percent pay cut just as prices soar.  Spain's Bankia asks for $24B in state aid25 May. 20128:07 PM ET MADRID (AP) — Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($23.8 billion) in financial support just as a leading credit rating agency downgraded it to junk status.     Top CEO pay equals 3,489 years for typical worker25 May. 201210:52 AM ET WASHINGTON (AP) — David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 million, according to an analysis by The Associated Press.   Why that flat Facebook IPO isn't so bad after all25 May. 20128:04 PM ET NEW YORK (AP) — The botched offering of Facebook stock has raised several troubling questions, but at least we don't have to worry about the one that plagues many IPOs: How are a few select investors able to buy in early at lower prices and then pocket huge profits when the trading frenzy begins?  
| Index Chart |
As of 26 May. 2012 3:29 AM ET |
| NYSE |
18.03 |
7534.33 |
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