HONG KONG Asian shares stumbled to near 2-1/2-month lows on Tuesday and the U.S. dollar pared some of its recent losses as investors worried about the likelihood of a U.S.
Specialty finance company Ares Capital Corp (ARCC.O) agreed to buy smaller rival American Capital Ltd (ACAS.O) in a cash-and-stock deal valued at $3.4 billion, aiming to capture a bigger share of lending to mid-sized firms as big banks turn cautious.
The current Sports Authority store at Glenwood Meadows that's slated to close later this year due to the chain's bankruptcy, but where owners of the shopping center are hoping another sports retailer will move in.
GENEVA - The Swiss attorney general's office has opened criminal proceedings against a Swiss bank in connection with a probe into suspected embezzlement of a Malaysian state investment fund.
Los Angeles County commuters who woke up early Monday morning to ride the new Expo Line extension quickly encountered one of the ugly realities of the Los Angeles public transit system: its proximity to traffic.