Medivation Succumbs To Pressure To Explore Sale: Sources
The San Francisco-based company has agreed to open its books to both Pfizer and Amgen, Reuters reported.
UN To Campaign Against Xenophobia, Racism In Dealing With Refugees
A U.N.-led campaign will attempt to counter an increasingly negative attitude and tone in debates over how to deal with the refugee crisis.
China April Consumer Inflation Less Than Expected, Producer Deflation Eases
Inflation appeared to be driven largely by higher food prices, rather than an improvement in broader economic activity.
Maverick Mayor Duterte Set To Clinch Philippines Presidency
Early on Tuesday morning, a rolling ballot count showed Rodrigo Duterte had almost 39 percent of votes cast.
Dollar Firms, Weaker Yen Boosts Nikkei
Asian shares got off to a weak start on Tuesday, though Japanese shares got a tailwind as the dollar stood tall against the yen.
Yen, Commodity Currencies Pressured, Dollar Gains Traction
The yen nursed broad losses early on Tuesday, after showing its biggest one-day fall in more than two weeks on Monday.
Uber Drivers, If Employees, Owed $730M More: US Court Papers
Uber and smaller rival Lyft are attempting to settle legal actions by drivers who contend they should be classified as employees entitled to reimbursement for expenses.
Weak Demand For Banana Republic, Old Navy Weighs On Gap’s Results
The San Francisco-based apparel retailer’s shares fell about 10 percent in extended trading on Monday.
Higher Health Stocks And Falling Oil Leave S&P 500 Flat
Five of 10 S&P sectors ended higher Monday, led by health’s 1.13 percent increase, while energy and materials both tumbled 1.25 percent.
North Carolina Officials Sue Justice Department Over Transgender Bathroom Law
Gov. Pat McCrory accused the U.S. Justice Department of “baseless and blatant overreach” regarding transgender rights.
FCC, FTC Launch Inquiry Into Mobile Device Security
The FCC said the joint inquiry by the commissions was “to better understand, and ultimately to improve, the security of mobile devices.”
Iraqi Forces Retake Village From Islamic State In Slow Campaign
In March, Iraq’s military opened a new front against the militants in the Makhmour area, which it called the first phase of a wider campaign to liberate Mosul.
Sumner Redstone Competence: Judge Tosses Lawsuit Brought By Former Girlfriend
A trial over the mental competence of media mogul Sumner Redstone appeared to come to an abrupt end Monday.
Trump Picks NJ Governor Christie To Head Transition Team
Trump, the presumptive Republican nominee in the Nov. 8 presidential election, said on Monday that New Jersey Gov. Chris Christie will oversee an extensive team.
Hopes Of Factory Jobs Rebound Fade In US Heartland
Manufacturing’s job problem undercuts hopeful forecasts that U.S. companies would bring significant numbers of jobs back from overseas.
China Landslide Death Toll Climbs To 22: Xinhua
The landslide, triggered on Sunday by heavy rain, hit a hydroelectric power station that was under construction in the country’s southeast.
North Carolina Faces Monday Deadline On US Challenge To Bathroom Law
North Carolina officials said they will respond by Monday to the U.S. government’s challenge to a controversial law on public restroom access for transgender people.
BBC Correspondent Expelled From North Korea Over Reporting
Rupert Wingfield-Hayes was detained Friday as he was about to leave the country, along with a BBC producer and cameraman, the network said.
Honda To Recall 20M More Takata Air Bags: Nikkei
Japanese newspaper Nikkei reported that regions affected by the additional recall would include the U.S., Europe, Asia, Oceania and Latin America.
Asia Subdued After Soft US Jobs Data, Crude Oil Soars
A disappointing U.S. jobs report raised questions about the underlying strength of the world’s biggest economy.
Dollar Off To Subdued Start, Aussie Unmoved By China Trade Data
The dollar initially fell on Friday after headline payrolls data showed the U.S. economy added the fewest jobs in seven months in April.
Nearly Half Of Europeans In Poll Want Own Votes On EU, Like UK
Forty-five percent of people surveyed in Belgium, France, Germany, Hungary, Italy, Poland, Spain and Sweden said they wanted their own vote on membership in the bloc.
Canada Getting On Top Of Alberta Wildfire, Fort McMurray Off-Limits
Officials expressed some optimism about defeating the wildfire, but oil sands boomtown Fort McMurray remains off-limits.
North Korea Congress Adopts Decision To Further Boost Nuclear Capability
At a Workers’ Party congress, the government said it will strengthen self-defensive nuclear weapons capability “in quality and quantity.”
Voting Gets Underway In Philippines Presidential Election
Polls in the days ahead of the vote showed that firebrand mayor and crime-buster Rodrigo Duterte had a comfortable lead.
Turkish Warplanes Attack Kurdish Militant Targets In Iraq: Sources
Three soldiers and 12 militants were reported killed in separate clashes over the weekend.
Alberta Oil Sands Producers Shut Most Power Generation Due To Wildfires
Operation at cogeneration plants in the fire-ravaged town of Fort McMurray was at about 18 percent Sunday.
Canada Fire Rages For Seventh Day, Evacuees Set For Long Wait
The inferno is set to become Canada’s costliest natural disaster. Meanwhile, about 1 million barrels per day of crude oil production has been lost.
Syrian Government Warplanes Launch Counterattack On Rebels Near Aleppo
The aerial assault by the Damascus regime aimed to roll back gains made last week by an alliance of Islamist insurgents.
Prominent Pakistani Anti-Militant Activist Shot Dead In Karachi
Khurram Zaki, known for his outspoken stance against the Taliban and other radical Islamist groups, was killed at an outdoor cafe in central Karachi.