Supreme Court to Examine Puerto Rico Effort to Restructure Some Debts

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

WASHINGTON?The Supreme Court agreed Friday to hear Puerto Rico's effort to restructure its public utilities' debts by enacting its own bankruptcy law. As an unincorporated territory, Puerto Rico lacks the authority that U.S. states and their municipalities hold to restructure ...

U.S. Trade-Historical

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

Seasonally adjusted data in billions of dollars. R denotes revised. Source: U.S. Department of Commerce. Month Balance Exports Imports -2015 (YTD)- -444,953 1,867,353 2,312,307 Oct 15 -43,891 184,063 227,953 Sep 15 -42,457R 186,765R 229,222R Aug 15 -48,811R 184,163R 232,975R Jul ...

Cocoa Holds Gains As Euro Slumps

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Julie Wernau Cocoa prices eked out a gain Friday even as the euro retreated from a sharp move higher against the dollar. Europe is the world's largest consumer of cocoa, the main ingredient in chocolate and when the euro ...

2015 Becomes the Biggest M&A Year Ever

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Maureen Farrell A slew of smaller takeovers announced Wednesday officially made 2015 the biggest year ever for mergers and acquisitions. A series of 112 deals announced that day involving little-known companies like China's Zhejiang IDC Fluid Control Co. and ...

Yahoo Board Is Under Pressure

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

Three days of deliberations between Yahoo Inc.'s directors this week have put the board in the hot seat and tested its loyalty to Chief Executive Marissa Mayer. The nine-person board, which in different forms has overseen seven chief executives in ...

Asian Shares Join Global Selloff as ECB Stimulus Disappoints--Update

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Gregor Stuart Hunter Japan stocks fell sharply and the yen strengthened, as Asian markets join a global selloff after the European Central Bank delivered a smaller-than-expected burst of monetary stimulus. Japan's Nikkei 225 fell 1.7%, with exporters leading losses ...

Tuna Leaders Call Off Acquisition

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

Thai Union Group PCL, a large international seafood producer, on Thursday canned its proposed $1.5 billion acquisition of U.S. rival Bumble Bee Seafoods, following antitrust objections from the Justice Department. Thai Union, which holds the Chicken of the Sea brand, ...

Toshiba Looks to Spin Off PC Business

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

TOKYO?Toshiba Corp. is looking to spin off its personal-computer business and merge it with the PC business of others in the electronics industry, two people familiar with the situation saidFriday. The proposed spinoff would represent the latest effort by Toshiba ...

Alibaba Unlikely To Make Offer For Yahoo Core

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

(FROM THE WALL STREET JOURNAL 12/4/15) By Gillian Wong BEIJING -- Chinese e-commerce company Alibaba Group Holding Ltd. is unlikely to pursue U.S. Internet portal Yahoo Inc.'s flagging core business, according to a person familiar with Alibaba's thinking. Buying Yahoo's ...

Swiss Court Upholds $156 Million Antitrust Penalty for BMW--Update

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By John Revill ZURICH--The Swiss Federal Administrative Court has upheld a fine of 156 million Swiss francs ($156 million) slapped on luxury auto maker BMW AG for uncompetitive activities, the court said Friday. Switzerland's Competition Commission, known by its German ...

TrustPower's 1st Half Profit Falls

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Kate Geenty WELLINGTON, New Zealand--Power generator and retailer TrustPower (TPW.NZ) said its half-year net profit fell 33%, after one-off gains that had boosted the year-earlier result weren't repeated. TrustPower reported a net profit of 59.7 million New Zealand dollars ...

U.S. Construction Spending-Historical -2-

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

Oct 05 1,144.0 1.2 12.6: 907.2 1.6 13.8: 220.7 0.1 9.2: 236.8 -0.5 8.6 Sep 05 1,131.0 1.2 11.7: 893.1 1.6 12.5: 220.5 0.5 10.4: 237.9 0.0 8.7 Aug 05 1,117.1 0.9 10.2: 879.3 1.0 10.9: 219.5 0.6 8.8: 237.9 ...

U.S. Stocks Rise as Jobs Report Bolsters Case for Rate Hike

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Christopher Whittall and Leslie Josephs U.S. stocks opened higher Friday after a jobs report that bolstered the case for the U.S. Federal Reserve to raise interest rates later this month. The Dow Jones Industrial Average added 53 points, or ...

Canada Employment Declines in November -- Update

TODAY: Feb. 10, 2016 PUB DATE: Dec. 4, 2015

By Kim Mackrael OTTAWA--Canada posted a decline in employment in November, giving up most of October's job gains and pushing up the country's jobless rate amid losses of part-time positions. The country shed a net 35,700 jobs and the unemployment ...