North Korea detains another American citizen, KCNA reports North Korea detains another American citizen, KCNA reports:- North Korea said on Sunday it has detained another U.S. citizen on suspicion of "hostile acts" against the state, which would make him the fourth American to be held by the isolated country amid […]

Portland, Oregon to demand controversial Uber software tool Portland, Oregon to demand controversial Uber software tool:- The city of Portland, Oregon plans to subpoena Uber Technologies Inc to force it to disclose software that helped its drivers evade local transportation regulators, a city official said on Friday. Uber has acknowledged […]

Macron to take time reforming economy in divided France Macron to take time reforming economy in divided France:- After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. […]

Brimming U.S. oil storage tanks to feel OPEC cuts last Brimming U.S. oil storage tanks to feel OPEC cuts last:- The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world's largest […]

Trump rebukes Rexnord again for moving jobs to Mexico Trump rebukes Rexnord again for moving jobs to Mexico:- President Donald Trump took aim again on Sunday at Rexnord Corp (RXN.N) for the industrial supplier's decision to move jobs to Mexico from Indiana. Milwaukee-based Rexnord announced plans in October to move […]

Akzo Nobel declines third takeover proposal from PPG Akzo Nobel declines third takeover proposal from PPG:- Dutch paint maker Akzo Nobel (AKZO.AS) on Monday rejected a third takeover proposal from larger U.S. rival PPG valued at 26.9 billion euros ($29.51 billion)saying it undervalues the company, faces antitrust risks, and does […]

Hudson Bay taps debt adviser amid Neiman Marcus bid challenges Hudson Bay taps debt adviser amid Neiman Marcus bid challenges:- Canada's Hudson's Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people […]