Family Dollar rejected Dollar General bid, sticks to Dollar Tree deal
Family Dollar rejected a bid worth $8.9 billion from its largest rival Dollar General , saying it prefers the Dollar Tree merger deal, even...
London Stock Exchange operating profit up 36 percent
The London Stock Exchange operating profit increased by 36% in fiscal Q1 2015 to £102 million compared to £74.8 million in Q1 last year....
Argentine plan illegal, says US court
A US court said that the Argentine plan to get creditors to swap their defaulted bonds for new debt issued locally is illegal. According...
Many Americans rarely involve lawyers or courts in civil legal problems
A significant proportion of Americans rarely involve lawyers or courts when addressing life’s problems, many of which are also legal issues, a recent study...
BoA record settlement of 16.65 billion dollars
A BoA record settlement of $16.65 billion has been reached with the U.S. Department of Justice and State Attorneys General to resolve mortgage-related litigations...
Sears Q2 loss widened
Sears Q2 loss widened as the multinational retailer continues its 10-year struggle with dwindling sales. The company made a $573 million loss, or $5.39...
Australian economic outlook improved
June’s Australian economic outlook improved, with the country’s Leading Economic Index rising by 0.4% and its Coincident Economic Index increasing by 0.2%, says The...
Peaceful Ukraine-Russia solution urged by Branson and business leaders
A Nobel Laureate and business leaders headed by Virgin mogul Sir Richard Branson are urging for a peaceful Ukraine-Russia solution. In an open letter...
Indian economic outlook down slightly in July
The Indian economic outlook, i.e. its Leading Economic Index, was slightly down (-0.2%) in July, after improving during the previous four months, says The...
Another Standard Chartered fine
A Standard Chartered fine of $300 million has been imposed by Benjamin M. Lawsky, Superintendent of Financial Services, New York. The penalty is for...