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LONDON

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The smoldering debate over European austerity flared hotter Tuesday as the left-wing politician trying to form a new Greek government declared that his country is no longer bound by its pledges to impose crippling cutbacks in return for rescue loans.
The comments by Alexis Tsipras flew in the face of EU leaders’ insistence on fiscal discipline […]

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ST. LOUIS • The Rams’ plan to renovate the Edward Jones Dome is signed, sealed, delivered — but not yours to see.
The Rams and the St. Louis Convention and Visitors Commission, the public agency that operates the Dome, are not releasing the team’s proposal, even though taxpayers would likely fund the bulk of the improvements.
Officials […]

Home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven’t been enough to boost prices.
The Standard & Poor’s/Case-Shiller home-price index shows that prices dropped in February from January in 16 of the 20 cities it tracks.
The steepest declines were in Atlanta, Chicago and […]

The Federal Reserve is considering possible sales of assets from its Maiden Lane III portfolio, which was created during the bailout of insurer American International Group (AIG) (AIG.N: Quote, Profile, Research, Stock Buzz), a New York Federal Reserve spokesman said on Wednesday.
Maiden Lane III grew out of the purchase of $29.3 billion in collateralized […]

VANCOUVER

Officials from St. Louis and St. Charles counties are pushing for changes in state law that would give more control to voters and less to municipalities over the issuance of lucrative tax increment financing benefits.
Bills pending in Jefferson City could curtail city council authority to pass TIF plans for Walmarts and other projects by giving […]

German factory orders unexpectedly declined in January as foreign demand for investment goods such as machinery slumped.
Orders (GRIORTMM), adjusted for seasonal swings and inflation, fell 2.7 percent from December, when they gained 1.6 percent, the Economy Ministry in Berlin said today. Economists forecast a 0.6 percent increase, according to the median of 37 estimates […]

Confidence among U.S. consumers declined more than forecast in February as growing optimism about job prospects failed to ease concern wages will stagnate.
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment dropped to 72.5 from 75 in January, a one-year high. The median estimate in a Bloomberg News survey called for 74.8. Another […]

American Airlines’ parent is meeting with its unions this week to lay out cost cuts it wants to implement as part of its bankruptcy reorganization — moves that could cost many of the company’s 81,000 workers their jobs and a portion of their pension benefits.
AMR Corp. said at the time of its Nov. 29 […]