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December 12, 2017 12:49 AM Samsung Heavy Industries Replaces CEO After Warning of Losses

Shipyard’s shares plunged last week after earnings forecast Samsung Heavy Industries Co., the world’s third-biggest shipyard by capacity, replaced its chief executive on Monday after having warned last week of heavy losses that wiped away nearly a third of its market value. The South Korean company’s president and CEO, Park Dae-young, resigned and took responsibility 19

December 10, 2017 5:22 PM The Yankees Look to Form a New Murderers’ Row

Giancarlo Stanton is set to join forces with Aaron Judge, putting baseball’s two premier sluggers in the same lineup Anybody sitting in the left-field stands at Yankee Stadium next season should probably bring a glove to the yard: The weather forecast in the Bronx all summer calls for an unending barrage of baseball-sized hail. The New York Yankees agreed 2

December 8, 2017 10:21 AM Heavy snow might impact Manchester and Merseyside derbies

Heavy snow is forecast in both Manchester and Liverpool as the local Premier League teams prepare for their derby matches on Sunday. The Met Office on Friday upgraded its weather warning from yellow to amber, with 10 centimetres (four inches) of snow expected, raising in some areas to 15-20 centimetres (six-eight inches), from 4 a.m. to 6 p.m. on Sunday 13

December 5, 2017 5:26 PM Nestle to buy health products maker Atrium for $2.3 billion

GENEVA – Swiss consumer goods company Nestle says it is buying Atrium Innovations, a privately-held maker of nutritional health products, for $2.3 billion in cash. Nestle said Tuesday it will buy the company, which is headquartered in Quebec, Canada, from a group of investors led by Permira Funds. Atrium has about 1,400 workers and its 2017 sales are forecast 23

November 17, 2017 1:01 PM Can Democrats Win the House? These Counties Hold Clues

Places like Virginia Beach could give early read on possible Democratic wave The Democrats’ unexpectedly large, nine-point victory in the Virginia governor’s race last week has sparked hopes within the party that a “suburban surge” will carry it in next year’s elections to a majority in the House. In particular, Democrats are looking to the hefty margins 21

November 15, 2017 2:42 PM Markets Right Now: Tech, banks lead early losses for stocks

Markets Right Now: Tech, banks lead early losses for stocks Stocks are opening lower on Wall Street, with the largest losses going to technology companies and banks. Apple was off 1.4 percent in early trading Wednesday, while JPMorgan Chase was down about 1 percent. Target slumped 9 percent after issuing a weak forecast for the holiday shopping season 25

November 9, 2017 11:49 AM Eurozone Economy Seen Expanding at Fastest Pace in a Decade

Bloc still faces labor, wage and inflationary pressures compounded by Brexit risks BRUSSELS—The European Union said Thursday that it is poised to beat 2017 economic growth expectations, with strong private consumption and the global recovery propelling the fastest pace of eurozone expansion in a decade. Gross domestic product in the 19-member eurozone 23

November 9, 2017 10:04 AM EU raises growth forecast for eurozone to decade high

BRUSSELS – The European Union has raised its 2017 growth forecast for the 19-country eurozone to a decade high. In its autumn forecast published Thursday, the executive Commission said it expects growth this year of 2.2 percent, which would be the bloc's highest rate since 2007. Previously it thought growth would be 1.7 percent. The Commission also raised 24

November 8, 2017 1:29 PM Nissan CEO Emphasizes Profits Over Volume

Hiroto Saikawa says U.S. competition has been eating into margins YOKOHAMA, Japan—Nissan Motor Co. Chief Executive Hiroto Saikawa said fierce competition in the U.S. has been eating into margins, meaning the company needs to prioritize profits despite his boss Carlos Ghosn’s ambitious growth targets for the company. Mr. Saikawa’s comments came as Nissan 20

November 4, 2017 8:54 PM NYC Marathon celebrating Meb Keflezighi on his last race as a pro

NYC Marathon celebrating Meb Keflezighi on his last race as a pro Meb Keflezighi is 42 now, still 5-foot-5 and, at first glance for one London couple at his midtown hotel this week, unrecognizable as a road race rock star. “They said, ‘Are you running the marathon?’” he says. “I said, ‘Yeah, yeah.’” The couple asked how he believed he would do. Keflezighi 33