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    • 25 Eurozone Banks to Fail Stress Tests
      About 25 eurozone banks failed the European Central Bank’s financial-health checks, although more than half have taken the necessary steps to shore up their balance sheets this year.
    • Indonesia Plays Legal Hardball
      Indonesian prosecutors are increasingly bringing criminal charges against employees of large companies for allegedly causing losses to the state, a development that is chilling the business community there.
    • U.S. to Name New Auto-Safety Chief
      The Obama administration is close to naming a permanent top auto-safety regulator amid criticism of the agency’s handling of large air-bag recall, which an administration official on Friday called “suboptimal.”
    • Dolce, Gabbana Cleared of Tax Charges
      Italy’s highest court cleared fashion designers Domenico Dolce and Stefano Gabbana of tax evasion charges Friday, bringing to an end one of the highest profile tax cases in Italy in recent years.
    • iTunes Sees Drop in Music Sales
      Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.