Frankfort Online

Stocks gain as oil prices rise above $33 a barrel

U.S. stocks snapped out of a morning malaise and posted moderate gains Monday as oil prices rose and global stocks fell after a meeting of G20 finance officials ended without

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Valeant shares falls as CEO returns; financials delayed

Shares of Valeant Pharmaceuticals International (VRX) plunged anew on Monday, hours after the embattled drugmaker announced its chief executive is returning from illness but withdrew its financial guidance and postponed

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Hopes of business-friendly reforms in India fade

Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in

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Costco cardholders will transfer from Amex to Citi in June

Costco cardholders will no longer be able to pay with American Express come June. That’s when a deal for American Express to sell its Costco-branded portfolio to Citibank is expected

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Tribune Media may sell businesses after posting $381M in Q4 loss

Tribune Media, which owns and operates 42 TV stations, said Monday it’s exploring “strategic and financial” options, including possibly selling

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Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it

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Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since

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VW sales fall as diesel scandal drags on

The Volkswagen brand saw a drop of 13.2% in sales last month as it continues to reel from the inability

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Zuckerberg climbs Forbes billionaires list

Facebook is making people a lot of money. Facebook CEO Mark Zuckerberg climbed one spot to sixth on Forbes magazine’s

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Apple doesn’t have to unlock drug dealer’s iPhone, judge says

A federal judge in Brooklyn on Monday denied a Department of Justice request for a court order that would force

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