Valeant Pharmaceuticals International Inc. resolved its default on some of its $30 billion in debt by filing its long-overdue U.S.
Atlantic City, the once-celebrated gambling mecca on the Jersey Shore, is dangerously close to defaulting on its next bond payment.
WASHINGTON-—Inflation remained modest in March, a sign that pricing pressures are in check amid slow growth in the U.S. and overseas, and low oil prices.
US supermajor Chevron has taken a big fall in Q1 2016, reporting a loss of US$725 million, compared to earnings of $2.6 billion year-on-year.
Starbucks opened its first store today in Ferguson, Missouri, as part of a national outreach program to provide jobs to locals, create opportunities for the youth and revitalize the community in low to medium-income "diverse" communities.