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U.S. Treasury Sanctions Chinese, Russian Firms for Aiding North Korea

U.S. Treasury Sanctions Chinese, Russian Firms for Aiding North Korea

The U.S. Treasury named 10 Chinese and Russian firms and six related individuals to its North Korea sanctions list for allegedly aiding Pyongyang’s weapons program.

Published 4 months ago

Chinese Rival’s Success With Volvo Sets Path for Great Wall’s Pursuit of Jeep

Chinese Rival’s Success With Volvo Sets Path for Great Wall’s Pursuit of Jeep

The successful 2010 acquisition of Volvo by Geely, a then-little-known Chinese auto company, has helped fuel the ambitions of Great Wall, which has expressed interest in buying Jeep from Fiat Chrysler.

Published 4 months ago

Why the Chinese Yuan’s Hot Streak Will Cool Off

Why the Chinese Yuan’s Hot Streak Will Cool Off

China’s currency has been on a tear lately after more than a year of weakening. But there are a number of reasons why this run won’t last.

Published 4 months ago

How to Stay in New York City for $30 a Night

How to Stay in New York City for $30 a Night

Tourists looking to save big bucks while visiting New York City or locals seeking a nearby getaway can take advantage of three area National Parks campgrounds where a site for up to six people can cost as little as $30 a night.

Published 4 months ago

EU Launches In-Depth Investigation Into Bayer-Monsanto Deal

EU Launches In-Depth Investigation Into Bayer-Monsanto Deal

Bayer and Monsanto face an in-depth investigation by the European Union into their roughly $57 billion merger, throwing into doubt plans to complete the tie-up by the end of the year.

Published 4 months ago

From Ailing to Artisanal: The Transformation of a Cincinnati Neighborhood

From Ailing to Artisanal: The Transformation of a Cincinnati Neighborhood

A corporate-backed development company has turned a Cincinnati neighborhood from one of the most violent in the country to a mecca for trendy restaurants and loft apartments. But for some longtime residents, the change has come at a cost.

Published 4 months ago

Cheap Rents Attracting Millennials to Converted Office Parks

Cheap Rents Attracting Millennials to Converted Office Parks

Developers have been renovating underused office parks, mixing residential units with office and retail, where lower rents are an attractive part of the package.

Published 4 months ago

North Korea Threatens ‘Absolute Force’ as U.S., South Hold Military Drills

North Korea Threatens ‘Absolute Force’ as U.S., South Hold Military Drills

North Korea threatened to turn the U.S. into “huge heaps of ashes” and warned that military exercises involving American and South Korean forces this week had worsened the standoff, which could only be resolved by “absolute force.”

Published 4 months ago

Head of America’s Largest Grocer Talks Amazon and Ugly Tomatoes

Head of America’s Largest Grocer Talks Amazon and Ugly Tomatoes

Rodney McMullen is navigating Kroger Co. through its stormiest period in more than a decade.

Published 4 months ago

Famed Plaza Hotel Is On the Block

Famed Plaza Hotel Is On the Block

The Indian owners of the Plaza Hotel have hired a broker to sell the New York City landmark, a sign that a world-wide scramble among investors, celebrities and governments to acquire the property could be nearing an end.

Published 4 months ago

Divers Search for Missing Sailors From USS John S. McCain

Divers Search for Missing Sailors From USS John S. McCain

U.S. Navy and Marine divers searched for 10 sailors missing from a destroyer that collided with a merchant ship near Singapore, an incident that prompted the Navy to pause global operations and patrols following a series of mishaps.

Published 4 months ago

The Price Isn’t Right for Home Builders

The Price Isn’t Right for Home Builders

Shares of home builders look pricey and vulnerable to a correction as costs rise and affordability is strained.

Published 4 months ago

Emmanuel Macron Loses Support, Endangering Bid to Ease Labor Rules

Emmanuel Macron Loses Support, Endangering Bid to Ease Labor Rules

As the young French president sets out to shake up France’s rigid labor market, the young president is losing the public support he may need to weather protests by the country’s powerful unions.

Published 4 months ago

Norway’s Oil Fund Tops $1 Trillion Valuation

Norway’s Oil Fund Tops $1 Trillion Valuation

Norway’s sovereign-wealth fund, the world’s biggest, topped a $1 trillion valuation after the best half-year return in its history.

Published 4 months ago

BHP Billiton Eyes Sale of U.S. Shale Operations After Months of Investor Pressure

BHP Billiton Eyes Sale of U.S. Shale Operations After Months of Investor Pressure

Activist investors scored a victory after BHP Billiton said it was looking to sell its onshore U.S. oil-and-gas operations.

Published 4 months ago