- Elaine Wynn says she has her ex-husband Steve Wynn's endorsement in her battle to remain on the board of the casino-hotel company they co-founded after the company's directors voted not to re-nominate her.
April Consumer Sentiment Index Rises Consumer optimism rebounded in early April, according to data released Friday. Households remain cautious about their outlook for income gains.
G-20 Warns of Threats to Global Recovery The world’s top finance leaders warned that currency volatility, low inflation and high debt levels threaten to undermine an already uneven global economic recovery.
Officials Warn Greece Time Is Tight Talks over fresh emergency financing for Greece likely will take several more weeks, even though cash-needy Athens requires a deal to help it meet debt payments due in June, an International Monetary Fund official said.
Fed Shies Away From June Rate Increase A patch of soft economic data has created uncertainty inside the Federal Reserve about when to start raising short-term interest rates, reducing the probability of a move by midyear.
Putin: Growth Could Return in 2 Years Vladimir Putin said Russia has seen the worst of the economic troubles caused by Western sanctions and plunging oil prices, striking an upbeat tone in his annual call-in program.
Key Volkswagen Directors Back CEO Key members of Volkswagen’s supervisory board endorsed Chief Executive Martin Winterkorn and urged his employment contract be extended, a day after they met with him and Chairman Ferdinand Piech to quell friction between the two.
Teva Considering Bid for Mylan Teva Pharmaceutical is considering a takeover bid for drug maker Mylan, a sign of the jockeying for dominance among generic drug makers.
China's Gray Market Worries Auto Makers China is encouraging gray-market luxury-car sales, posing a challenge for Audi, BMW, Mercedes-Benz and others trying to hold on to profit margins considered some of the best in the world.
Ford to Expand Manufacturing in Mexico Ford Motor plans to spend $2.5 billion to expand manufacturing operations at two sites in Mexico, the latest in a wave of auto investments flowing to the U.S.’s neighbor to the south.
Alibaba Fined for Pricing Issues The Chinese government has fined Alibaba Group for pricing issues with products sold on its online marketplaces dating to Singles’ Day in 2013.
Apple Pay Plans to Launch in Canada Apple is planning to launch its mobile payments service in Canada this fall, marking the start of its international expansion of Apple Pay.
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