Business Stories from February 1, 2016 (Change date)
-
China company accused of fleecing investors of $7.6 billionFeb 01, 2016 9:09 am - BEIJING (AP) - Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could ...
-
Asian stock markets mostly lower as oil extends fallFeb 01, 2016 8:30 pm - SEOUL, South Korea (AP) - Asian stock markets were mostly lower Tuesday as the price of oil extended losses following a 6-percent plunge that was sparked by data showing...
-
Iran: $100B in assets 'fully released' under nuclear dealFeb 01, 2016 9:24 am - TEHRAN, Iran (AP) - Iran said Monday it now has access to more than $100 billion worth of frozen overseas assets following the implementation of a landmark nuclear deal ...
-
France calls on US to lift economic embargo on CubaFeb 01, 2016 2:00 pm - PARIS (AP) - France called on the U.S. to lift the economic embargo against Cuba during a historic state visit Monday by the Caribbean island's president aimed at boosti...
-
College student finds glitch to own Google site, gets $12KFeb 01, 2016 2:30 pm - BOSTON (AP) - A Massachusetts graduate student who pointed out a glitch that allowed him to briefly "own" the world's most heavily trafficked website has been awarded mo...
-
Uber drivers in NYC protest company's fare cutFeb 01, 2016 5:00 pm - NEW YORK (AP) - Uber drivers in New York City called Monday for a strike to protest the company's decision to cut fares by 15 percent, as drivers rallied at the ride-sha...
-
Thai authorities say fishing industry crackdown intensifiedFeb 01, 2016 9:01 am - BANGKOK (AP) - Thailand, which faces possible trade sanctions over abuses in its seafood industry, says it has accelerated its fight against human trafficking and unregu...
-
DMG acquires two physician groupsFeb 02, 2016 12:44 pm - DOWNERS GROVE - DuPage Medical Group has acquired Midwest Digestive Disease Specialists in Oakbrook Terrace and Naperville and Optima Medical Associates in Joliet. Term...
-
Stryker to buy Sage Products in Cary for $2.7 billionFeb 03, 2016 5:58 am - Stryker Corp., a maker of medical devices, has agreed to buy Sage Products LLC for $2.78 billion in cash from its private equity owner Madison Dearborn Partners. The...
-
MFRI sells off filtration business to focus on pipingFeb 02, 2016 12:44 pm - NILES - MFRI Inc. announced it has sold it's domestic and international filtration businesses, including TDC Filter Manufacturing, Inc., Nordic Air Filtration, A/S and r...