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Reuters - United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations. [read full story]
The Alaskan government has announced plans to auction an oil and gas lease in a disputed section of the Beaufort Sea along the Yukon-Alaska border — an "incursion" on Canada's Arctic sovereignty that the Conservative government...
FILE - The dual-class structure is what Google Inc.'s founders, Larry Page and Sergey Brin, created to keep voting control over that company before it went public in 2004. Google's Class B shares, owned by Page, Brin, CEO Eric...
Crude-oil futures fall nearly 2%, pressured by concerns over the health of the economy in China, and sell off further in late electronic trading after an industry group shows a surprise jump in inventories.
Any threat by the United States to slap fees on imports from countries it perceives as weak on cutting carbon emissions could hamper trade relations and delay international efforts to combat global warming.
