GO
Loading...

North America

More

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as plentiful supplies held down any run-up in prices from geopolitical tensions in oil producing regions.

  • Family feud sparks revolt at grocery store chain Friday, 25 Jul 2014 | 1:55 AM ET

    WEST BRIDGEWATER, Mass.— It's been called a David vs. They are demanding the reinstatement of beloved former CEO Arthur T. Demoulas, who workers credit with keeping prices low, treating employees well and guiding the company's success.

  • McNuggets pulled from sale in HK after meat scare Friday, 25 Jul 2014 | 1:14 AM ET

    HONG KONG— McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat. The fast food chain said late Thursday that it "suspended relevant food ingredients" at Hong Kong outlets in light of the scandal surrounding Shanghai Husi Food Co..

  • Fast food workers prepare to escalate wage demands Friday, 25 Jul 2014 | 1:11 AM ET

    CHICAGO— Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.

  • FOX LAKE, Ill., July 25- The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.

  • July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as tensions in oil producing regions supported prices against weak demand and plentiful supplies.

  • Navy secretary: Cost for newest ship will decline Friday, 25 Jul 2014 | 12:15 AM ET

    ABOARD USS INDEPENDENCE— Operating costs for the U.S. Navy's newest ships will decline and "become more normal" over time, Navy Secretary Ray Mabus said Thursday.

  • SHANGHAI, July 25- Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates. He said Shanghai Husi, which is owned by privately-held Illinois- based OSI Group, ignored his pleas.

  • Navy secretary says combat ship costs will decline Thursday, 24 Jul 2014 | 10:26 PM ET

    ABOARD USS INDEPENDENCE— Operating costs for the U.S. Navy's newest ships will decline and "become more normal" over time, Navy Secretary Ray Mabus said Thursday.

  • WILMINGTON, Del., July 24- Nortel Networks Inc, the U.S. unit of defunct Canadian telecom company Nortel Networks Corp, has agreed to pay up to about $1 billion in interest that has accrued on the $3.9 billion it owes to its U.S. bondholders, a court filing showed.

  • July 24- Underground stores of water in the southwestern United States have receded dramatically amid ongoing drought that has parched states from Oklahoma to the Pacific Coast and is costing California billions in lost crops and jobs, a new study shows.

  • LONDON, July 25- The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists. One such storm erupted from the surface of the Sun two years ago, on July 23, 2012.

  • Aviation officials to meet on plane shot down Thursday, 24 Jul 2014 | 9:41 PM ET

    WASHINGTON— An aviation official says global aviation leaders will meet in Montreal next week to initiate discussions on a plan to address safety and security issues raised by the shoot-down of a Malaysia Airlines jet over eastern Ukraine, as well as two other air crashes.

  • *Hamas sticks to demand embargo on enclave be lifted. *One killed in West Bank march is support of Gaza. United Nations Secretary-General Ban Ki- moon expressed horror at the Thursday attack on the school at Beit Hanoun in the northern Gaza strip.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the center of a food safety scare in China.

  • NEW YORK, July 24- Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start direct talks.

  • *U.S. crude for September delivery was down 6 cents at $102.01 a barrel by 0024 GMT, after settling $1.05 lower. *The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.

  • July 24- A Chicago federal judge has refused to overturn the conviction of Eric Bloom, the former chief executive of money management firm Sentinel Management Group Inc, for defrauding customers out of more than $500 million. District Judge Ronald Guzmán said the jury "clearly" had enough evidence to find that Bloom intended to cheat customers.

  • SAO PAULO, July 24- General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy. General Motors put 940 workers at the same factory on paid leave in 2012, and the union said 598 of them were later fired.