“Investors are already doubting our ability to reform, but especially our ability and our will to perform,” Sewing said at the Handelsblatt banking summit in Frankfurt.

“More growth in Germany will come only if we also change our attitude to work; if we are prepared to work differently, but overall to work more and harder.”

Sewing said that EU citizens work about 34 hours a week on average compared with about 28 hours in Germany.

He argued that Germany should embrace longer work-weeks. “We won't manage it with an average of 28 hours per week and a pension at 63,” he said.

The euro area's biggest economy has been digesting a slate of negative economic data recently.

Software the U.S. government says is illegal gives landlords ability to coordinate rent hikes. Now it’s being used in Canada by developer Dream Unlimited

In an age when you can get just about anything online, it's probably no surprise that you can buy a diamond-making machine for $200,000 on Chinese eCommerce site Alibaba. If, like me, you haven't been paying attention to the diamond industry, it turns out that the availability of these machines reflects an ongoing trend toward democratizing diamond production—a process that began decades ago and continues to evolve.

The CEO of a failed hospital system who was paid hundreds of millions of dollars while patients were allegedly "killed and maimed" in his resource-starved and rotting facilities, was a no-show at a Senate hearing on Thursday—despite a bipartisan subpoena compelling him to appear.

Jacob Ingram, a mold changer at the company, told the Knoxville News Sentinel that as the flooding started, managers instructed employees to move their cars away from the rising water – but would not let them leave. “They should’ve evacuated when we got the flash flood warnings, and when they saw the parking lot,” he said to the newspaper. “When we moved our cars, we should’ve evacuated then … we asked them if we should evacuate, and they told us not yet, it wasn’t bad enough.