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Sunday, March 26, 2017
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- By Jacquie McNish Pearson claims breach of contract, says he's owed more than 3 million shares Michael Pearson, former chief executive of Valeant Pharmaceuticals International Inc., is su...
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Business News  

Q&A: Who'd gain from a Trump border wall? Hint: Not Mexico
(Jason Hoekema - The Brownsville Herald via AP)
By ALEX VEIGA
From Associated Press
March 27, 2017 4:29 PM EST

LOS ANGELES (AP) — As a billionaire developer, Donald Trump built casinos, luxe condo towers and lush golf courses. Now, as president, Trump aims to develop perhaps his most ambitious and surely his most contentious project yet: A wall along the nearly 2,000-mile U.S.-Mexico border.

NEW YORK (AP) — Worries that Washington may not be able to help businesses as much as once thought knocked stock indexes down hard early Monday, but they clawed back most of their losses and ended the day mixed.

NEW YORK (AP) — Uber says it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend.

NEW YORK (AP) — Secretary of State Rex Tillerson, who has famously declared himself "not a big media press access person," isn't alone in President Donald Trump's Cabinet.

WASHINGTON (AP) — The world's largest manufacturer of civilian drones is proposing that the craft continually transmit identification information to help government security agencies and law enforcement figure out which might belong to rogue operators.

WASHINGTON (AP) — The Supreme Court seemed to struggle on Monday over whether some of the nation's largest hospitals should be allowed to sidestep federal laws protecting pension benefits for workers.

DUBAI, United Arab Emirates (AP) — The operator of Dubai's largest mall said Monday it made an $880-million offer to purchase the Middle East's biggest online retailer Souq.com, adding new corporate intrigue to the website's rumored sale to Amazon.

RIYADH, Saudi Arabia (AP) — Saudi Arabia on Monday reduced the tax rate for Saudi Aramco as plans move forward to publicly list shares of the state-owned oil giant.

WASHINGTON (AP) — President Donald Trump's son-in-law has volunteered to answer questions before the Senate Intelligence Committee about arranging meetings with the Russian ambassador and other officials, the White House confirmed Monday.

WASHINGTON (AP) — President Donald Trump is hoping to drive his priorities forward following the crumbling of the Republican health care bill but GOP finger-pointing is rampant, underscoring how tough it will be to produce the unity the party will need.

WASHINGTON (AP) — The Supreme Court will not restore a $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc.

WASHINGTON (AP) — The Supreme Court won't hear an appeal from record companies that want to pursue copyright infringement claims against music site Vimeo for hosting unauthorized recordings from the Beatles, Elvis Presley and other classic artists.

BRUSSELS (AP) — The European Union approved the proposed merger of Dow Chemical and DuPont on Monday, declaring itself satisfied with commitments the companies have made to divest businesses.

LONDON (AP) — President Donald Trump's failure to reform U.S. health care, his first legislative setback since entering the White House in January, weighed on global stock markets Monday, with many investors cautious about his ability to deliver on other campaign promises, such as tax cuts and big infrastructure spending.

PARIS (AP) — French Guiana faced a nationwide strike Monday over crime and economic difficulties, amid protests that have paralyzed the French territory in South America, halted flights and a rocket launch and prompted a U.S.

FRANKFURT, Germany (AP) — A top banking supervisor says that British banks must put down solid roots if they want European banking licenses to keep access after the UK leaves the European Union.

SINGAPORE (AP) — French President Francois Hollande said Monday that European countries can fight protectionism in trade and other forms by standing united and reaching out to Asia.

BERLIN (AP) — A closely watched survey shows that business confidence in Germany, Europe's biggest economy, has unexpectedly risen to a six-year high.

LONDON (AP) — Tim Barlow pushes a green stamp onto the edge of an unfinished plate, leaving behind the words "Made in England." It's still a piece of unglazed gray clay, a far cry from the gleaming decorated disc of Wedgwood Jasperware it will become, but Barlow and his employers are betting those words will be a selling point as Britain begins the process of leaving the European Union.

WASHINGTON (AP) — President Donald Trump is set to announce a new White House office run by his son-in-law that will seek to overhaul government functions using ideas from the business sector.

WELLINGTON, New Zealand (AP) — New Zealand and China announced Monday they would open talks soon to expand a successful free-trade deal in place for nearly a decade.

WASHINGTON (AP) — U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if President Trump's promised tax cuts and infrastructure spending are implemented, a survey found.

SEOUL, South Korea (AP) — Asian stocks got off to a weak start on Monday as caution among investors prevailed with lingering doubts about the future policy agenda of the new U.S.

WASHINGTON (AP) — Ivanka Trump is planning a trip to Germany to attend a summit on the economic empowerment of women, a senior administration official said Sunday.

CAMARILLO, Calif. (AP) — The average price of a gallon of regular-grade gasoline dipped about a penny nationally during the past two weeks, to $2.34.