National security adviser John Bolton on Iran, North Korea, efforts to improve election security and what President Trump considers to be the biggest foreign threats to America.
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J.C. Penney, Ackman in Talks to Resolve Dispute
J.C. Penney and hedge fund Pershing Square’s Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer.
Mexican President Invites Foreign Investment in Energy
Pushing one of the most sweeping economic overhauls in Mexico in the past two decades, President Enrique Peña Nieto proposed opening his country’s historically closed energy industry to foreign investment.
Yum’s July Sales in China Drop More Than Expected
KFC parent Yum Brands reported a steeper-than-expected 13 percent drop in July sales at established restaurants in China after back-to-back blows from a food safety scare and a bird flu outbreak.
Fairfax looking to take BlackBerry private
Fairfax Financial Holdings, which is BlackBerry Ltd’s top shareholder with a 9.9 percent stake, is exploring ways to take the smartphone maker private. Prem Watsa, who is chief executive of Fairfax, stepped down from BlackBerry’s board on citing a potential conflict of interest with the company’s announcement that it was exploring strategic alternatives.
JetBlue Traffic, Revenue Figure on the Rise
JetBlue Airways Corp. said Monday that traffic rose 7.3% in July, and that revenue for every seat flown one mile increased 5%. Passengers on JetBlue flew 3.52 billion miles last month, up from 3.28 billion in July 2012.
Stocks end mixed in quiet trading; BlackBerry up
Stocks are closing mixed on Wall Street after a quiet day of trading. Technology stocks were a bright spot. Apple rose after a report said an updated iPhone would be announced next month and BlackBerry jumped after saying it would consider putting itself up for sale.
Court delays conference on Icahn lawsuit to block Dell deal
A legal battle between activist investor Carl Icahn and computer magnate Michael Dell has been delayed, with a court setting a hearing then on Icahn’s contention that Dell’s bid to buy back Dell Inc is “an insult to shareholders.”
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