Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group Co. Brookfield Business Partners LP will …
North Carolina has a new law focused on ride-hailing companies like Uber and Lyft that supporters contend will improve safety for both passengers and drivers. Governor Roy Cooper said Friday that he’s signed a bill that cleared the General Assembly …
A Providence, Rhode Island, city employee who says she was compelled to resign from her previous position after years of reporting coworkers’ fraudulent credit card spending is suing the city. The Providence Journal reports that Charlene Oliver previously worked as …
Investigators are working their way through accusations from 1,862 calls made to a clergy abuse hotline in the 12 months since a landmark grand jury report exposed decades of child abuse within Pennsylvania’s Roman Catholic dioceses, the state attorney general …
Conductor James Levine’s breach of contract and defamation lawsuit against the Metropolitan Opera has been settled. A lawyer for Levine and the company made the announcement last Tuesday but did not disclose terms of the agreement. The 76-year Levine was …
Schools in New York state can now install cameras on the stop arms of school buses to catch motorists who put students at risk under legislation signed into law last Tuesday by Governor Andrew Cuomo. Drivers caught on camera passing …
Scandal-hit South African retailer Steinhoff said on Tuesday its only hope for survival is to sell off assets to become a retail-focused investment holding firm, as it fights to contain the fallout of a $7 billion accounting fraud. The company …
Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil as its stockmarket fell to a seven-month low, and its leader said it had been pushed into a state of …
Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a data privacy breach earlier this year that exposed personal information of 2.9 million members. The company offered the affected accounts …
Japan’s banking sector has become a dead zone for private equity. Yet even then, the latest attempt by J. Christopher Flowers to sell Shinsei Bank Ltd. seems like a zombie franchise that has run a few episodes too long. Flowers …
