BusinessLatest Business and Company Updates
American Apparel files for second bankruptcy in just over a year
By Jessica DiNapoli | NEW YORK NEW YORK American Apparel LLC filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing
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U.S. crude stockpiles fall as imports drop, refinery rates rise: EIA
U.S. crude oil stocks fell last week after three straight weeks of builds as imports dropped and refineries hiked output, while gasoline inventories rose sharply amid weak demand, U.S. Energy Information Administration data showed on Wednesday.Crude inventories USOILC=ECI fell 1.3
Western Digital seeks arbitration in row over Toshiba’s $18 billion chip sale | Reuters
TOKYO Western Digital Corp (WDC.O) has sought international arbitration to stop partner Toshiba Corp (6502.T) from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate.California-based Western Digital is a long-standing joint venture
U.S. proposes awarding five air carriers new Mexico City slots
By David Shepardson | WASHINGTON WASHINGTON The U.S. Transportation Department on Thursday proposed awarding 24 slot pairs at Mexico City’s Benito
