CARACAS, Nov 21 (Reuters) – Venezuelan authorities arrested the acting president of its U.S.-based refiner Citgo and five of the subsidiary’s top executives on corruption accusations, the chief prosecutor said on Tuesday. Continue Reading Below Authorities detained Jose Pereira during an event at state oil company PDVSA’s headquarters in Caracas, […]
FOX Business News
People hurt in cosmetics factory explosions, fire tops 125
NEW WINDSOR, N.Y. – Officials say the number of people treated for injuries after two explosions and a fire at an upstate New York cosmetics factory has topped 125. Continue Reading Below Authorities initially said one employee was killed and up to 35 people were injured, including seven firefighters. The […]
Ask Brianna: Should I quit my job without another lined up?
“Ask Brianna” is a column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a job and pay off student loans — all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life […]
Romanian party boss faces prosecutors over alleged EU fraud
BUCHAREST, Romania – The chairman of Romania’s ruling party has arrived at the anti-corruption prosecutors’ agency where he expects to be informed his assets have been sequestered on suspicion of misusing European Union funds. Continue Reading Below Liviu Dragnea, who heads the Social Democratic Party, is suspected of official misconduct […]
Is the Worst Over for Zoe’s Kitchen?
With a concentration of restaurants in the south, Zoe’s Kitchen‘s (NYSE: ZOES) third quarter was hit hard by Hurricanes Harvey and Irma — reducing revenue by $1.1 million and contributing to a 0.5% decline in comparable-restaurant sales. Despite the unattractive headline numbers, there are several signs that comps could be on the […]
Final deal reached for sale of air bag maker Takata’s assets
DETROIT – Troubled Japanese air bag maker Takata Corp. is signing a signed a definitive agreement to sell most of its assets to a Chinese-owned rival. Continue Reading Below Key Safety Systems of suburban Detroit will pay $1.6 billion (175 billion yen) in a deal expected to close early next […]
Wall Street set to rise as retail earnings stream in
Nov 21 (Reuters) – Wall Street indexes were set to open higher on Tuesday, helped by some encouraging earnings reports, especially from retailers. Continue Reading Below As the third-quarter earnings season winds down and with no major economic data scheduled for the week, trading volumes were thin and expected to […]
Nations decide to increase quota for Atlantic Bluefin tuna
BRUSSELS – Officials say nations fishing the eastern Atlantic and the Mediterranean have decided on a major expansion in the annual quota for prized Bluefin tuna, to reflect an improvement in their stocks. Continue Reading Below Two people at the meeting of the 50-nation International Commission for the Conservation of […]
Lowe’s gets a hurricane boost, but investors not blown away
MOORESVILLE, N.C. – Lowe’s profit more than doubled in the third quarter as Americans along the Gulf Coast loaded up trunks and trucks with materiel to repair the damage delivered by a pair of gigantic hurricanes. Continue Reading Below The company said sales related to hurricanes Irma and Harvey reached […]
Ex-officials accused of corruption in Manila train contract
MANILA, Philippines – The Philippine government filed complaints Tuesday with an anti-graft office accusing many Cabinet officials in the previous administration of corruption in a maintenance contract for a Manila commuter train line hounded by near-daily breakdowns. Continue Reading Below In addition to the frequent glitches, the Metro Rail Transit […]