The Trump administration and key Asian allies are preparing to expand interceptions of ships suspected of violating sanctions on North Korea, a plan that could include deploying U.S. Coast Guard forces to stop and search vessels in Asia-Pacific waters, senior U.S. officials said.
Business & Financial News, U.S & International Breaking News
GE says it may face U.S. action over subprime mortgage operations
General Electric Co faces potential legal action by the U.S. Department of Justice over allegations that its GE Capital unit and now-defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages, according to a regulatory filing on Friday.
Indicted Missouri governor resigns from post with GOP governors group
Missouri Governor Eric Greitens, under indictment for invasion of privacy in connection with the cover-up of an extramarital affair, has resigned from a leadership position with the Republican Governors Association, the organization said on Friday.
With rates low, Fed officials fret over next U.S. recession
Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.
Exclusive: Nordstrom family group finalizing take-private offer - sources
Nordstrom Inc's founding family group is finalizing plans to submit an offer to take the U.S. department store operator private, people familiar with the matter said on Friday.
Dropbox files for IPO of up to $500 million
Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.
Billionaire investor Warren Buffett to retire from Kraft Heinz board
Kraft Heinz Co said on Friday billionaire investor Warren Buffett has decided to retire from the company's board following the end of his term in April to reduce travel commitments.
Exp: Feb 18
Exp: Feb 18
Exp: Mar 18
U.S. companies' borrowing to spend on capital investment rose about 10 percent in January from a year earlier, the Equipment Leasing and Finance Association (ELFA) said.