Oil prices edge up on short covering, but oversupply still bites
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Oil prices edge up on short covering, but oversupply still bites

At around 0600 GMT, USA benchmark West Texas Intermediate (WTI) for delivery in December was…

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Ben Carson’s son says dad ‘isn’t perfect,’ but lived ‘exemplary’ life
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Ben Carson’s son says dad ‘isn’t perfect,’ but lived ‘exemplary’ life

Grant Grasmick, a local lumber magnate who met Carson 16 years ago while both were…

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US Treasury to tighten corporate tax inversion rules
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US Treasury to tighten corporate tax inversion rules

Pfizer is negotiating a price of $370 to $380 for each Allergan share, a person…

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Marriott global to Merge With Starwood Hotels and Resorts Worldwide
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Marriott global to Merge With Starwood Hotels and Resorts Worldwide

The deal, one of the biggest since Blackstone Group LP bought Hilton Worldwide Holdings Inc…

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Best Buy beats profit forecast, raises expectations during challenging holiday
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Best Buy beats profit forecast, raises expectations during challenging holiday

Total revenue came in at $8.82 billion, slightly below estimates of $8.83 billion, with sales…

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Bombardier to Shed 30% of its Transportation Unit
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Bombardier to Shed 30% of its Transportation Unit

Quebec’s provincial pension fund agreed to buy a 30 percent stake in Bombardier Inc.’s rail…

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Plunge in gas costs trims consumer prices for Seattle area
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Plunge in gas costs trims consumer prices for Seattle area

The Consumer Price Index for baked foods and cereal products increased 0.8% in October.

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Singles’ Day Sales for Alibaba Reach $14.32 Billion
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Singles’ Day Sales for Alibaba Reach $14.32 Billion

The company is the owner of the Singles Day brand, though other retailers also have…

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Lucara Recovers World’s Second-Largest Diamond
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Lucara Recovers World’s Second-Largest Diamond

“This has been an incredible week for Lucara with the recovery of the second largest…

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Poundland pins hopes on 99p Stores rebrand
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Poundland pins hopes on 99p Stores rebrand

Poundland had previously guided that it expected profit in its 2015-16 year to be phased…

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