Alcoa, which is posting its last quarterly earnings report before its split, announced softer-than-expected third-quarter results, stung partly by lower alumina prices. The company also lowered revenue forecasts for some segments of Arconic, which will
Consumer electronics chain Hhgregg Inc. has become the latest retailer to take a stand against Thanksgiving shopping and plans to close its doors for the turkey feast. The Indianapolis-based chain with 220 stores says it’s
Samsung Electronics said Tuesday that it is ending production of Galaxy Note 7 smartphones permanently, a day after it halted global sales of the star-crossed devices. The South Korean company said in a regulatory filing
Singaporean and Swiss regulators said Tuesday that investigations showed Falcon Private Bank breached money laundering regulations in its dealings with the indebted Malaysian state fund 1MDB. The Monetary Authority of Singapore ordered the private bank
Asian shares meandered on Tuesday, as South Korea’s benchmark dropped after reports of fresh problems with Samsung’s Galaxy Note 7 phone. KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 0.9 percent to 17,018.88. Tokyo markets were
Singapore regulators ordered the closure Tuesday of Falcon Private Bank, citing alleged slack controls for transfers and improper conduct related to 1MDB, an indebted Malaysian state fund. The Monetary Authority of Singapore said in a
The U.S. government agency charged with product safety is urging consumers to power down and stop using all Galaxy Note7 smartphones — whether they are a replacement or original. In recent days, reports have surfaced
When you answer the door for Halloween, don’t be surprised if Ken Bone shows up, or at least someone who is dressed like him. The 34-year-old, who works for a coal-fired plant in Southern Illinois,
___ For showing how contracts work best, 2 economists win Nobel Let insiders easily cash in stock options, as Enron did, and you risk seeing executives abandon a failing company. Encourage contractors to sacrifice quality