Christopher Werth

The Paris Air Show is one of the world’s largest aviation and defense showcases. The U.S. pavilion is always the biggest, and typically attracts an entourage of American governors and members of Congress. But in this age of budget cuts, scrutiny on the costs will be high.

If you are a musician traveling abroad, you may soon need a passport -- for your instrument.

The Geneva Auto Show opens in Switzerland this week. It’s usually a glitzy affair, but while U.S. carmakers are on the rebound, gloom has descended on the European auto industry.

Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.

As the federal minimum wage has become a big topic of debate in the U.S., German politicians are in their own heated dispute over whether to have a minimum wage at all.

The European debt crisis has calmed down a lot in the past few months, but elections in Italy have ended in deadlock and uncertainty is back.

Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.

Cuts in defense spending as part of the sequester could ripple to suppliers outside the U.S.

Charles Dickens' "A Christmas Carol" is usually read with an anti-capitalist bent, but a wider reading of his works show a different picture.

Ebeneezer Scrooge seems the epitome of a bad boss. He keeps the thermostat low, you have to beg for a day off and forget about a holiday office party. But is Scrooge's bad reputation undeserved?