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Reuters – The U.S. economy still needs extraordinarily low interest rates, as inflation is “undesirably low” and growth will likely be sluggish for several years, a top Federal Reserve official said Monday.

AP – Greek customs officials walked off the job Tuesday for a three-day strike to protest government austerity measures designed to pull the country out of a debt crisis that has shaken the entire eurozone.

AP – Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state.

AP – Cadence Design Systems Inc., a maker of chip manufacturing equipment, on Wednesday reported a profit for the fourth quarter as lower costs more than offset a drop in revenue.

The decision to host Indian Prime Minister Manmohan Singh as President Obama’s first state visitor was designed as a deliberate signal of India’s prominence in Washington.

Reuters – Microsoft Corp has been ordered by a Chinese court to stop selling versions of its Windows operating systems that include fonts designed by a local company, citing a violation of licensing agreements.

In a city famous for the ancient Romans and Michelangelo, architecture buffs got a preview in Rome over the weekend of something decidedly modern: Italy’s first museum of contemporary arts. It was designed by Iraqi-born Zaha Hadid.

Sen. John Kerry took the foreign policy spotlight this past week, jetting off to Afghanistan where he persuaded President Hamid Karzai to agree to a runoff vote, and meeting with officials in Pakistan. It raised the question: Where’s Richard Holbrooke, Obama’s designated point man on Afghanistan and Pakistan?

Forests are fast becoming a great green hope for slowing climate change. Climate planners are keen to create forest carbon banks, places designed to store carbon and keep it out of the atmosphere. But banking carbon in forests turns out to be something of a mystery.

Reuters – Bank of America Corp is close to exiting a loss-sharing deal with the Federal Reserve Board and U.S. Treasury that was designed to buttress against potential loan losses, the Wall Street Journal reported on Monday.