LISBON, Portugal (AP) — Shares in troubled Portuguese bank Banco Espirito Santo have plunged by more than 50 percent in volatile early trading on the Lisbon stock exchange a day after it reported a record half-year loss of 3.58 billion euros ($4.8 billion).
RICHMOND, Va. (AP) — They were once friends, or at least friendly. Both were self-made men who'd soared far past their working-class background. One was a rising star of the Republican Party and potential vice-presidential pick. The other, a multimillionaire entrepreneur who owned a private jet.
WASHINGTON (AP) — Wayne Reynolds, a leading Washington philanthropist, laid out an alternative plan in court hearings this week to save one of the nation's oldest museums and its college as a judge considers whether to break up the nearly 150-year-old Corcoran Gallery of Art.
MUMBAI, India (AP) — Global stock markets were uninspired by an upbeat report on the U.S. economy, with most drifting lower Thursday after the U.S. Federal Reserve said it would make further cuts to its monetary stimulus as expected. Investors are now reckoning with an expiry date for the lavishly easy monetary policy that has underpinned gains in global stock markets for several years.
LOS ANGELES (AP) — Immigration courts are speeding up hearings for the tens of thousands of Central American children caught on the U.S. border after criticism that the backlogged system is letting immigrants stay in the country for years while waiting for their cases to be heard.