the move is seen as essential in easing the euro zone's debt crisis. >> moody's downgraded barclay's credit rating to negative. the bank's former ceo was grilled by england's parliament where he apologized for reprehensible behavior by his traders for an interest rate fixing scandal which is expected to spread. volkswagen has ended a seven-year takeover saga by paying more than $5.5 billion for the majority steak in porche it didn't already own. apple's part supplier is gearing up for mass production of a smaller, less expensive ipad which will be under 8 inches. the current one measures 9.7 inches. renting an apartment in the u.s. got more expensive last quarter. a new report shows rental prices