NQ Mobile Inc., the Chinese mobile- services provider that sank 62 percent in the three days after Muddy Waters LLC said it inflated sales, plunged in New York as Piper Jaffray Cos. suspended its rating on the stock.
The Republican nominee for U.S. Senate in Pennsylvania suggested that a woman who was impregnated by a rapist faces a similar decision to one contemplating whether to give birth to a child out of wedlock.
Britain’s public finances will benefit by a net 17 billion pounds ($25 billion) from transfers from the Bank of England’s asset-purchase program, under a central forecast in a model by the central bank.
TransCanada Corp. faces court arguments from Texas landowners that its plans for the Keystone XL pipeline to transport Canadian tar-sands oil to coastal refineries don’t give it the right to condemn their property.
For much of 2006 and into 2007, Environmental Defense Fund had been battling to stop TXU Corp., Texas’s largest power producer, from building 11 coal-fired plants. The barrage of lawsuits, town-hall meetings and online community groups was also becoming a major headache for KKR & Co. , TPG Capital and Goldman Sachs Group Inc.’s private-equity arm, which were planning the world’s biggest leveraged buyout of the utility company.
Nissan Motor Co. , aiming to be the biggest seller of electric cars, said a lower U.S. price for its Leaf hatchback compared with Japan and Europe reflects differences in local taxes and incentives and that the vehicle will eventually make money in all markets .
The U.K. government is determined to keep secret British companies that applied to sell goods with potential military uses to Iran, saying international banks are under U.S. pressure to drop them as clients.
Republican presidential nominee Mitt Romney, continuing his post-debate surge, closed to within 4 percentage points of President Barack Obama among likely voters in Pennsylvania, narrowing a 12-point gap less than a month ago.