Economy Briefs: Elevated jobless stats blamed on superstorm

Question of the Day

What has been the biggest debacle on Obama's watch?

View results

Greek prime minister urges bailout deal

ATHENS — Greece reacted with dismay Wednesday to a failure by European finance ministers to agree to release up to $56 billion of rescue loans it vitally needs, with the prime minister warning that the stakes are higher than his debt-ridden country’s future.

After 12 hours of debate into the early hours of Wednesday, finance ministers from the 17 European Union countries that use the euro, together with the International Monetary Fund and European Central Bank, again failed to reach a deal on Greece’s financing.


Robot for nuke disaster work unveiled in Japan

YOKOHAMA, Japan — Toshiba Corp. unveiled a robot Wednesday that the company says can withstand high radiation and help in nuclear disasters. But it remains unclear what exactly the new machine will be capable of doing if and when it gets the go-ahead to enter Japan’s crippled Fukushima Daiichi nuclear plant.

The four-legged robot can climb over debris and venture into radiated areas off-limits to human workers. One significant innovation, Toshiba said, is that its wireless network can be controlled in high radiation, automatically seeking better transmission when reception becomes weak.

From wire dispatches and staff reports.

blog comments powered by Disqus
TWT Video Picks