Business

Trouble at CVS Health long-term care business weighs heavily

Feb 20, 2019

CVS Health tops quarterly forecasts but outlook for the year could leave investors wanting

Caesars Entertainment has held talks with Icahn

Feb 20, 2019

Caesars has held discussions with billionaire investor Carl Icahn, who revealed a 10 percent stake in the casino giant

South Africa to loan $5 billion to ailing state power firm

Feb 20, 2019

South Africa's minister of finance says that the government will loan the troubled state power company, Eskom, 69 billion rand ($4.9 billion) to help it service its debts

Britain urges Germany to ease curbs on arms sales to Saudi

Feb 20, 2019

Britain's top diplomat is demanding that Germany relax its ban on arms sales to Saudi Arabia because they are affecting UK sales of weapons to the oil-rich kingdom

French court hits Swiss bank UBS with $4.2 billion fine

Feb 20, 2019

A French court has ordered Swiss bank UBS to pay more than 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities

Failing Payless to honor gift cards, store credit into March

Feb 20, 2019

Failing Payless ShoeSource will honor gift cards and store credit until March 11 as it prepares to shutter 2,500 stores

Putin sternly warns US against putting missiles in Europe

Feb 20, 2019

President Vladimir Putin has sternly warned the United States against deploying new missiles in Europe, saying that Russia will retaliate by fielding new weapons that will take just as little time to reach their targets

US steps up winter-warfare training as global threat shifts

Feb 20, 2019

After 17 years of war against Taliban and al-Qaida-linked insurgents, Marines are going through advanced cold-weather training to prepare for future wars against foes such as Russian and North Korea

The Latest: French court fines Swiss bank UBS $4.2 billion

Feb 20, 2019

A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities

Saudi crown prince backs India's fight against terrorism

Feb 20, 2019

Saudi Crown Prince Mohammed bin Salman has offered intelligence sharing and other cooperation with India in fighting extremism and terrorism

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