Harvard University was accused by minority groups of violating federal law by giving preferential treatment in the admissions process to children of alumni and wealthy donors, days after the US Supreme Court struck down the use of race-based affirmative action policies.
A top-performing equity fund is pocketing gains on Japanese chipmakers to buy shares left behind during the market’s world-beating rally.
Thailand is preparing contingency plans to deal with a potential drought that could last years and squeeze global supplies of sugar and rice.
The city of Houston said it sued the state of Texas to challenge a sweeping state law — known by opponents as the “Death Star” bill — that limits the power of municipalities to make their own rules.
A strike at Canada’s Pacific coast ports continued for a third day on Monday.
The California State Assembly has shelved legislation that would have forced the country’s two largest pension funds to divest an estimated $15 billion from oil and gas companies, a major blow to environmental advocates who hoped the funds could be a national model for the divestment movement.
When it comes to the bond market, it’s Morgan Stanley vs Bill Dudley now.
Mexico posted record remittances in May, fueled by a larger inflow of cash from abroad for celebrations around Mother’s Day.
US stocks shook off warnings about cooling growth and data showing a slowdown in manufacturing to edge higher in subdued trading ahead of the Independence Day holiday.
Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson.
