Southwest Airlines Co., the largest low-fare carrier, will increase competition at American Airlines Group Inc.’s biggest hub by expanding nonstop service from a rival Dallas airport as U.S. flight limits there end.
Genworth Financial Inc. named James Boyle to run its U.S. life insurance operation, as Chief Executive Officer Tom McInerney seeks to improve results at the country’s largest provider of long-term care coverage.
John Hancock, the estranged son of Australia’s wealthiest citizen, the iron ore billionaire Gina Rinehart, recently flew to the U.S. to join 400 guests at a four-day wedding celebration in Bar Harbor, Maine.
Sales of previously owned homes climbed in December for the first time in five months, capping the best year since 2006 and indicating the real-estate market is starting to adjust to higher borrowing costs.
The only two actively managed U.S. foreign-exchange mutual funds to turn a profit last year have divided views on how the dollar will perform in 2014, casting doubt on the notion of a market consensus on the greenback.