American Apparel Shares Plunge as Auditor Steps
American ApparelI nc. shares plunged as much as 25% Thursday after the retailer said accounting firm Deloitte & Touche resigned as its auditor, the latest blow for the cash-strapped company.
US divided on how to tackle Huawei
US government agencies charged with reviewing sensitive acquisitions are engaged in a debate over how to handle Huawei, the Chinese software and telecoms equipment-maker viewed with deep scepticism by government security experts
Cuomo Probing MetLife, Prudential Financial
Cuomo launched a fraud investigation into the life-insurance industry for practices that allegedly denied families of deceased military personnel and others from collecting cash from their policies.
Illness stops Gandhi-Cameron meeting
People associated with Mr Cameron’s visit said it was suspected that she had been taken ill and was travelling
Exxon shrugs off effect of moratorium
ExxonMobil said that the moratorium on new deepwater drilling in the Gulf would have no significant short-term impact on its profits
Europe set for overhaul of rules on share dealing
Push to boost transparency of regions’ securities markets includes call for a ‘consolidated tape’ for pricing data to tackle lack of transparency as part of biggest regulatory overhaul in years
McDonald’s Deal Sets Low for Bond Rates
McDonald's raised $750 million in the bond market, paying what its deal manager said was the lowest interest rate of any U.S. company in at least 15 years.
Cameron needs more subtlety on subcontinent
David Cameron has led the largest official delegation to India since its independence from Britain 63 years ago. By doing so, he has tested Britain’s place in the world, and how far it has travelled since 1947
Chinalco, Rio Tinto Ink Deal on Iron-Ore Project
Chinese state-owned company Aluminum Corp. of China, or Chinalco, and Anglo-Australian miner Rio Tinto sealed a deal on the joint development of an iron-ore project in Guinea.
Business attacks UK cap on skilled immigrants
Tensions between the government and business have risen after it emerged many leading companies have been blocked from bringing in non-European staff
