President Barack Obama is suspending U.S. preparations for a meeting of industrial nations in Russia in June, and told Russian President Vladimir Putin that his country is violating international law by sending troops into Ukraine.
U.S. lawmakers from both parties urged President Barack Obama to lead an international effort to impose diplomatic and economic sanctions on Russia if it attacks Ukraine, though they stopped short of calling for armed intervention.
Miami now looks to spring break, with the passing of the 13th annual Food Network South Beach Wine and Food Festival, where attendees ate like you hope the kids won't drink, and where "many of the greatest chefs in the world meet like Mafia dons," said a lanky, sunburned Anthony Bourdain, hosting a dinner.
Verso Paper Corp., a maker of coated paper used in magazines, said it’s exploring “all options” after failing to complete debt exchange offers related to its $907 million acquisition of NewPage Holdings Inc.
Fred’s Inc., the regional discount chain that’s exploring a sale, has approached potential buyers including drugstores and private-equity firms as it seeks initial bids in about a month, people with knowledge of the matter said.