The short answer: Not much right away, although failing to pay creditors is never a good thing for a nation's creditworthiness
Coca-Cola’s North America president, Sandy Douglas, oversees a relaunch of America’s No. 1 soft drink
Four years after the Citizens United decision, out-of-state cash is flowing down to state races
Phony phone-bill items from third-party scammers date back almost 20 years
Yves Béhar's Public Office Landscape turns the workstation into a social hub
A Bluetooth-enabled sneaker from an India-based startup doubles as a fitness tracker and personal tour guide
Critics say the agency charged with keeping regulations from burdening small companies actually serves big corporate interests
The hyperkinetic French president was elected in June 2007 on promises to enact free-market reforms with support from a center-right majority in Parliament. But as the country slid into economic crisis in 2008 and 2009, Sarkozy has taken a more dirigiste approach, handing out subsidies to the auto industry and setting up a fund to take stakes in French companies that could be vulnerable to foreign takeover. At Davos—where he delivered the opening keynote address calling for an overhaul of capitalism—he can take comfort in knowing that France's economy began recovering last year, well ahead of Britain's. Growth this year could exceed 1.4%.