Northwest said it would eliminate more planes from its fleet by the end of December, its second cut in capacity this year.


As China becomes less of a bargain, a growing number of multinational companies are creating or expanding other Asian bases, particularly in Vietnam.


Inflation accelerated to the highest level in more than 10 years in May, further tying the hands of British policy makers grappling with a slowing economy.


The Supreme Court of Canada reserved judgment Tuesday on whether to approve a leveraged buyout of the country’s largest telecommunications company.


The drug maker said that an investigational product for treating Alzheimer’s improved cognitive functioning in patients who did not carry a genetic variation called ApoE4.


Despite tension over trade, investment and food and product safety, bilateral ties are “growing in a positive direction,” the Treasury secretary said, opening two days of economic talks.


Wall Street declined as investors reviewed economic data that underscored the toll higher energy prices are taking on the economy.


A former chief operating officer of European Aeronautic Defense and Space was detained by French authorities for questioning in connection with the investigation.


Wall Street fluctuated on Tuesday, with investors pleased to see that Goldman Sachs’ profit beat estimates but also concerned about a rebound in oil prices.


Wall Street rose in early trading on sinking oil prices and a Goldman Sachs profit that beat estimates.


 
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