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
The market for buying and selling other people's life insurance policies grew 20 percent in 2013
Yves Béhar's Public Office Landscape turns the workstation into a social hub
The chain is exploring opportunities in craft beer and making a greater emotional connection with diners
After Virginia Tech and Miami of Ohio shut down their regional full-time MBA programs, who’s next?
Critics say the agency charged with keeping regulations from burdening small companies actually serves big corporate interests
Population: 82 million
2009 number of millionaire households: 430,000
Percentage increase: 23.1 percent YOY
Share of country’s wealth held by millionaire households: 22 percent
Not only have Germany’s rich increased in numbers, apparently some have also heightened their sense of public duty. According to a report by CNBC, a group of German millionaires and billionaires founded a Club of the Wealthy and proposed to Chancellor Angela Merkel that they give 10 percent of their income as a "rich tax" for 10 years to address budget problems.