By Tyler Clifford
(Reuters) - Virginia's chapter of the National Association for the Advancement of Colored People filed a federal lawsuit on Tuesday against a school district that restored the names of Confederate generals at two public schools.
The move by Shenandoah County Public School sends a message of "Black inferiority and subjugation," the complaint filed by the NAACP chapter in the U.S. District Court in Virginia said.
... (continue reading...)By Leika Kihara
TOKYO (Reuters) - The Bank of Japan is expected to keep interest rates steady on this week and consider whether to offer clearer guidance on how it plans to reduce its huge balance sheet, in a slow but steady retreat from its massive monetary stimulus.
Policymakers may also debate recent weak signs in consumption, as they scrutinise whether Japan is making progress toward durably hitting their 2% inflation goal - a... (continue reading...)
By Jonathan Stempel
NEW YORK (Reuters) - The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy.
U.S. District Judge Dale Ho in Manhattan said two former Bed Bath & Beyond shareholders could not force Cohen to return profits from selling his estimated 11% stake... (continue reading...)
By Abigail Summerville
(Reuters) - The family behind Badia Spices is exploring a sale of the Hispanic food company that could value it at over $1.2 billion, including debt, according to sources familiar with the matter.
The company is working with investment bank Raymond James to solicit acquisition offers, the sources said. It generates around $100 million in 12-month earnings before interest, taxes, depreciation and amortization, they... (continue reading...)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
As buoyant investors brace for potentially one of the most significant days of the year on Wednesday with U.S. inflation and the Federal Reserve's policy decision, Asian markets have their own obstacles to hurdle beforehand.
Thailand's central bank sets interest rates, against a backdrop of deteriorating investor confidence and stocks sliding to their... (continue reading...)
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