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July, 30, 2016

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Business > Americas
UPS helps businesses deliver urgent shipments
UPS (NYSE:UPS) announced the expansion of its UPS Worldwide Express package service to reach 117 countries and territories, including Taiwan, providing an earlier delivery option to more locations. UPS delivers more packages internationally than any other carrier in the world, according to a press release from the company.
 
Two top HSBC executives arrested
U.S. prosecutors announced charges Wednesday against two top HSBC executives over a fraudulent foreign exchange trading scheme that netted some US$8 million at the expense of a bank client.
 
Enbridge reaches US$176 million agreement for '10 Michigan oil spill
Enbridge Energy Partners has reached a US$176 million settlement for the costliest inland oil spill in U.S. history -- a pipeline rupture in southwestern Michigan that polluted a nearly 64-kilometer stretch of the Kalamazoo River, federal officials said Wednesday.
 
The head of the New Mexico Spaceport Authority is resigning, saying she still believes in the commercial space industry and that Spaceport America has a role to play.
 
Laura Jordan came home from work one day to find herself locked out. She had missed two mortgage payments, and the company servicing her loan had changed the locks without warning.
 
New home construction in the United States picked up in June to the highest pace in nine months, erasing worries about a slowdown, Commerce Department data showed Tuesday.
 
Bad year for Wall Street's Golden Boy Bill Ackman
For a Wall Street star once dubbed the "Baby Buffett," Bill Ackman is having a pretty bad year.
 
Food shortages plague Venezuela
A woman queueing up to buy meat counts her money at a supermarket in the Petare neighborhood in Caracas on Saturday, July 16.
 
Not since the Great Recession have corporate profits been on this long of a slump. The response from investors: So what?
 
U.S. consumer prices rose modestly in June as the costs of gasoline and rent kept climbing, while sales at American retailers registered a healthy gain.
 
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