×

Top News & Analysis North America

  • NEW YORK— Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The fact that it bid for all of Unilever and not just its food business indicates that Kraft Heinz is potentially open to acquiring other packaged consumer goods, one analyst said.

  • NEW YORK, Feb 17- U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc next week for signs on whether the recent market rally has more room to run. The consumer names are among the last major companies of the S&P 500 earnings season to report, but the results will also be watched for a read on spending as well...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • CAPE CANAVERAL, Fla.— A SpaceX rocket soared from NASA's long-idled moonshot pad Sunday, sending up space station supplies from the exact spot where astronauts embarked on the lunar landings nearly a half-century ago. It was the first flight from NASA's legendary Launch Complex 39 A since the shuttle program ended almost six years ago, and SpaceX's first...

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

  • ABU DHABI, United Arab Emirates— Fighter jets screaming overhead and theatrical explosions marked the opening of an arms show Sunday in Abu Dhabi, as a bullet-scarred Emirati armored personnel carrier served as a reminder of the country's ongoing military campaign in Yemen. The Emirates announced over $1.2 billion in arms deals at the opening of the biennial...

  • Feb 18- An explosion and fire at an oil refinery in Torrance, California, on Saturday forced the partial shutdown of the plant, leading oil traders to expect a spike this week in West Coast gasoline prices. Two years ago, a fire at the same plant led to its closure for several months and a sustained increase in West Coast gasoline prices for more than a year.

  • NEW YORK— Fiat Chrysler says it is recalling some Chrysler cars because driveshaft bolts can come loose on all-wheel drive models, increasing the risk of a crash. The recall is expected to begin March 31. About 75,000 cars are affected in the U.S., Canada and Mexico.

  • While the fact that the FBI is investigating had been reported previously by the New York Times and other media, these officials shed new light on both the precise number of inquires and their focus. The FBI's Pittsburgh field office, which runs many cyber security investigations, is trying to identify the people behind breaches of the Democratic National...

  • TORRANCE, Calif.— An explosion and fire erupted Saturday at a California oil refinery, exactly two years after a blast that crippled the plant and led to higher gasoline prices, authorities said. No injuries were reported from the Torrance Refining Co. near Los Angeles, and there were no evacuations or damage to any buildings outside the refinery, Assistant Fire...

  • ISTANBUL— A Turkish Airlines plane in Istanbul was evacuated Saturday after a suspicious note was discovered in one of its bathrooms. The Turkish Airlines cabin crew found the words "BOMB TO TORONTO" on the bathroom's wall on Flight TK-17 during its pushback from the gate, a Turkish Airlines press official told The Associated Press. The plane was leaving...

  • AUGUSTA, Maine— Maine utility regulators are ready to delve into details of the proposed $1.5 billion sale of FairPoint Communications, the country's eighth-largest phone and internet company. Consolidated Communications, based in Illinois, announced in December it was buying FairPoint, assuming its debt and offering dividends to stockholders.

  • *Promises "unwavering" commitment to NATO. Vice President Mike Pence on Saturday brought a message of support for Europe from Donald Trump but failed to wholly reassure allies worried about the new president's stance on Russia and the European Union. Trump's contradictory remarks on the value of the North Atlantic Treaty Organisation, scepticism of the 2015...

  • JAKARTA, Feb 18- Chappy Hakim, chief executive of miner Freeport-McMoran Inc's Indonesian unit, has resigned, the company said on Saturday, after the parent firm declared force majeure on copper concentrate shipments from its Grasberg mine in Papua. Freeport was the second big copper producer in a week to declare force majeure, after BHP Billiton did so on Feb. 10...

  • President Donald Trump's defense secretary arrived in the United Arab Emirates on Saturday for talks with one of Washington's closest allies in the Middle East. Such views play well with Gulf Arabs, who hope Trump's administration will check what they see as a surge of Iranian support for paramilitary allies in Syria, Iraq, Yemen and Lebanon and for fellow...

  • MILWAUKEE— "Pokemon Go" monsters can roam virtually wherever they please, but they'll need a permit to get into Milwaukee County parks. "We're prepared for all of them now," said County Supervisor Sheldon Wasserman, who wrote the proposal setting up a permitting process that County Executive Chris Abele signed on Feb. 10. The bill pending in the Illinois Legislature...

  • CAPE CANAVERAL, Fla.— Last-minute rocket trouble forced SpaceX on Saturday to delay its inaugural launch from NASA's historic moon pad. The Falcon remains at Kennedy Space Center's Launch Complex 39 A, waiting to soar on a space station delivery mission. Up at the International Space Station, French astronaut Thomas Pesquet had a light-hearted take on the delay.

  • *Merkel says ECB policy geared to euro zone not Germany. MUNICH, Feb 18- German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank. "The ECB has a monetary policy that is not geared to Germany,...

  • Promises "unwavering" commitment to NATO. Vice President Mike Pence on Saturday brought a message of support for Europe from Donald Trump but failed to wholly reassure allies worried about the new president's stance on Russia and the European Union. Trump's contradictory remarks on the value of the North Atlantic Treaty Organisation, scepticism of the 2015...

  • JAKARTA, Feb 18- Chappy Hakim, the chief executive of miner Freeport-McMoran Inc's Indonesian unit, has resigned, the company said on Saturday, after the parent firm declared force majeure on copper concentrate shipments from its Grasberg mine in Papua. Freeport was the second big copper producer in a week to declare force majeure, after BHP Billiton did so on Feb....