GO
Loading...

North America

More

  • Honda said the export plan is made possible by Honda's prior investments in its plants and it will therefore not require significant capital investment. Last year, Honda announced that it invest C $857 million over three years to upgrade its manufacturing plants in Alliston, Ontario, which will be the global lead for production of the next-generation Honda...

  • OTTAWA, March 30- Royal Dutch Shell will resume drilling off Alaska after suspending operations for two years in the wake of an accident, the special U.S. envoy to the Arctic said on Monday, but gave no details as to when. Shell has been moving oil rigs to Alaska as it awaits the green light from U.S. authorities. "Clearly Shell and others will resume drilling and...

  • NEW YORK— U.S. stock indexes are closing higher following encouraging news on consumer spending and home sales. UnitedHealth Group jumped 2.5 percent after the nation's largest health insurer said it would buy pharmacy benefits manager Catamaran. Homebuilders rose after a gauge of future home sales surged to its highest level since June 2013.

  • Figures on government spending and debt Monday, 30 Mar 2015 | 4:02 PM ET

    WASHINGTON— Figures on government spending and debt.

  • LOS ANGELES— You can bring your beach towels and floral headbands, but forget that selfie stick if you're planning to go to the Coachella or Lollapalooza music festivals. Coachella dismissed them as "narsisstics" on a list of prohibited items. In Europe, the Palace of Versailles outside Paris, Britain's National Gallery in London and the Colosseum in Rome have all...

  • PITTSBURGH— A Michigan food entrepreneur claims the "Little Dipper" condiment package he patented in 1997 led H.J. Heinz Co. to develop its Dip& Squeeze ketchup packets, which it rolled out in February 2010, lawyers in opening statements told a federal court jury in Pittsburgh on Monday. The trial, expected to last through Thursday, will determine whether or not...

  • UPDATE 1-McDonald's starts table service in Germany Monday, 30 Mar 2015 | 3:13 PM ET

    FRANKFURT, March 30- McDonald's Corp is introducing table service in Germany as it reinvents itself as a "modern, progressive burger company" under new Chief Executive Steve Easterbrook. Germany has been a challenging market for McDonald's, which has struggled to find the right recipe for selling to the nation's health- and cost-conscious diners.

  • Stanford's victims accused the SEC of negligence for having waited until 2009 to uncover the Ponzi scheme, despite having had evidence of it as early as 1997.. But the court said the SEC had discretion to decide how to enforce securities laws, and could not be liable for certain misrepresentations. Victims claimed that the SEC thought Stanford's business was a...

  • *China signals stimuli for economy. Treasury debt prices were mostly little changed on Monday, with longer-dated maturities giving back some gains from last week, as equity markets rose on signs China was moving to bolster its massive economy. Stocks, which often move inversely from bonds in prices, surged to seven-year highs in China, helped by Beijing's...

  • March 30- Blackstone Group LP, the world's largest private equity investor in real estate, has almost finished raising its next flagship global real estate fund, amassing $15.8 billion, a person familiar with the matter said on Monday. From buying single-family homes in the United States to distressed commercial property in Europe, real estate has overtaken...

  • WWE plunges on concern over network subscriptions Monday, 30 Mar 2015 | 2:49 PM ET

    NEW YORK— Shares of World Wrestling Entertainment were body slammed Monday after the company disclosed its latest subscription figures following WrestleMania 31, the latest installment of its biggest annual event. It reported a gross of $12.6 million from the event and said almost 77,000 people packed into Levi's Stadium in Santa Clara, California, where...

  • *UnitedHealth unit to buy Catamaran; Horizon to buy Hyperion. Among the deal news, OptumRx Corp, a unit of UnitedHealth Group, agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion. Shares of UnitedHealth, a Dow component, rose 2.7 percent to $121.17 while U.S. shares of Catamaran added 24 percent to $60.12.

  • DETROIT— Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that "a major new Tesla product line" will be revealed April 30. Tesla shares rose 3 percent to $190.60 after the tweet.

  • NEW ORLEANS— An attorney says last week's $3.2 million payment for Chinese drywall damages to seven houses is a good sign for thousands of others in at least six states. Plaintiffs' attorney Russ Herman says it seems now to be a matter of proving damages for up to 4,000 other people who sued Taishan Gypsum Co. Ltd.. Herman says he expects Judge Eldon Fallon soon to...

  • WASHINGTON, March 30- U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first of its kind snapshot of such shipments. The data from the Energy Information Administration is the first if its kind from the independent statistics arm of the U.S. Energy...

  • DETROIT, March 30- Elon Musk, the widely followed chief executive of electric car maker Tesla Motors Inc, tweeted several optimistic statements about the company's sagging China operations on Monday, sparking a sharp rebound the company's stock. On his Twitter feed around midday, Musk said that he was "very optimistic about Tesla's long-term future in China,...

  • DETROIT, March 30- Elon Musk, the widely followed chief executive of electric car maker Tesla Motors Inc, tweeted several optimistic statements about the company's sagging China operations on Monday, sparking a sharp rebound the company's stock. On his Twitter feed around midday on Monday, Musk said that he was "very optimistic about Tesla's long-term future in...

  • SEATTLE— Amazon.com is introducing a referral service to help people to get projects and chores done around their homes. It debuted Monday across the U.S. after several months of testing in New York, Los Angeles and Amazon.com' s home city of Seattle. Amazon.com' s move poses a potential threat to other online referral and business rating services, including...

  • Midday Glance: Silver companies Monday, 30 Mar 2015 | 1:16 PM ET

    Hecla Mining Co. fell$. 10 or 3.1 percent, to $3.00. Pan American Silver Corp. fell$. 25 or 2.7 percent, to $8.88. Silver Standard Resources Inc. fell$. 28 or 5.8 percent, to $4.56.

  • Midday Glance: Drugstore companies Monday, 30 Mar 2015 | 1:16 PM ET

    CVS Health Corp. rose $1.34 or 1.3 percent, to $103.84. Rite Aid rose$. 18 or 2.1 percent, to $8.75. Walgreen Boots Alliance Inc. rose$. 43 or. 5 percent, to $85.72.