Texas Governor Rick Perry hired a criminal-defense lawyer to represent him in a prosecutor’s probe of claims that he violated Texas ethics laws by vetoing funding for the state ethics office, his spokeswoman said.
The prospective bankruptcy filing of Energy Future Holdings Corp., taken private in the biggest leveraged buyout in history, is poised to put the most profitable unit of the power producer up for grabs.
Canadian stocks rose the most since February as commodity producers rallied on a jump in copper and crude prices on concern the crisis in Ukraine is escalating and better-than-expected economic growth in China.
The Standard & Poor’s 500 Index rose, giving it the best three-day rally in two months, while Treasuries fell as Yahoo! Inc. jumped on earnings and U.S. industrial production increased. The pound strengthened and copper advanced.
Nissan Motor Co., after best-ever U.S. sales of Leaf hatchbacks in 2013, plans to offer two years of free public charging for the battery-powered car in its strongest U.S. markets to entice more drivers to buy one.
Federal Reserve Bank of Dallas President Richard Fisher, who votes on monetary policy this year, said the U.S. labor market has been hindered by a lack of trained workers and not enough employees in Texas where demand has been strong.
Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.