Signet Jewelers Ltd., operator of the Kay and Jared brands, agreed to buy Zale Corp. in a deal valued at about $1.4 billion, including debt, letting the company extend its lead as the largest jewelry chain in the U.S.
Former Virginia Governor Robert McDonnell, once a rising star in the Republican Party, was accused by U.S. prosecutors of using his office to enrich himself and his family in exchange for helping an in-state company’s chief executive promote his dietary supplement.
Former Virginia Governor Robert McDonnell, once a rising star in the national Republican Party, pleaded not guilty to federal charges he used his office to help a businessman in exchange for more than $165,000 in loans and gifts.
President Barack Obama took his campaign to Republican lawmaker Eric Cantor’s home turf, the second day in a row he sought support in Virginia, a once solidly Republican state that he won four years ago.
The first annual losses in U.S. government-backed mortgage bonds since 1994 are deepening as the dual threats of a new regulator and a Federal Reserve pullback leave buyers navigating around what JPMorgan Chase & Co. calls a modern-day Scylla and Charybdis.