Business


Coach to acquire handbag company Kate Spade for $2.4bn

In the wake of speculation regarding the sale of Kate Spade , the company's stock had risen significantly. Further, the analyst pointed out that owning multiple brands allows a company like Coach to "grow and succeed, even when a brand is missing a trend".


Oil's floor gives way amid signs OPEC's effort thwarted by USA shale

Oil's floor gives way amid signs OPEC's effort thwarted by USA shale

Late last year, Opec and other producing countries announced production cuts of 1.8 million barrels per day for the first six months of this year. The U.S. "Any likelihood of an increase in the level of cuts remains slim with Opec officials playing down this possibility", said James Woods, global investment analyst at Rivkin Securities.


North Korea accuses USA of 'biochemical' attempt to assassinate Kim Jong Un

North Korea accuses USA of 'biochemical' attempt to assassinate Kim Jong Un

The statement said the CIA and the South Korean intelligence services have "ideologically corrupted and bribed a DPRK citizen surnamed Kim" to murder the North Korean leader. The country's news agency KCNA said the alleged plot included the use of "biochemical substances including radioactive substance and nano poisonous substance".



Trump's right about health care

This legislation is expected to remove certain regulations the former President implemented, including the authorization of allowing health insurance companies to charge higher premiums to enrollees with pre-existing conditions . The latter would require more federal oversight and state management. The bill will slash the Medicaid budget, increase premiums and imperil those with pre-existing medical conditions.



Korea launches another missile, reaching ... 7:02 pm Sat

China remains Pyongyang's primary benefactor and trading partner. "That, as we would say, trumps trade". North Korea launched a ballistic missile Sunday (North Korea time) that flew about 700 kilometers (435 miles), South Korea's military said.



John Wall three-pointer sees Washington Wizards take Boston Celtics the distance

The Wizards made home advantage count in game six of the seven-match series on Friday night, winning 92-91 at Verizon Center to level the series . But Wizards guard Brad Beal followed up with a 26-foot three-pointer to cut the lead to two, and John Wall then made two clutch free-throws to tie the score at 87-87 with 41 seconds left.