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Asian stocks rallied Friday, extending a global market rebound fueled by the prospect of more stimulus from European policymakers and a bounce in oil prices.

North Korea has detained a USA college student who was traveling in the country as a tourist, charging him with committing an unspecified “hostile act” against the reclusive, nuclear-armed state and threatening the “unity” of its people, official media...

– Coderre on Energy East pipeline.

Verizon, on a consolidated basis, expects to mitigate 2016 earnings pressures resulting from the sale of high-margin wireline operations to Frontier Communications Corp.

Sales rose 1.7 percent, Statistics Canada said on Friday, the biggest increase since June 2014 and topping forecasts for 0.2 percent. Prices for food purchased at stores were up 4.1 percent, with the acceleration mainly attributable to more expensive fresh fruit and vegetables.

In Oregon, the year-over-year unemployment rate fell from 6.7 percent in December 2014 to 5.4 percent last month.

Sadiq Adatia, chief investment officer at Sun Life Global Investments, said the Bank of Canada is eyeing the low price of oil as it considers where to take its benchmark interest rates after cutting them twice previous year.

The vast majority of Wal-Mart’s USA employees will get raises as part of the world’s largest retailer’s previously announced commitment to invest in its workforce as it faces pressure from labor-backed groups and seeks to retain workers in a tighter labor force.

Earlier this month, USA news channel CNN reported that North Korea had detained another U.S. citizen on suspicion of spying.

According to NBC Chicago, a United Airlines flight from San Francisco skidded onto snow-covered grass while trying to land.

Moody’s Investors Service revised its price forecast for oil this year and started reviewing ratings of oil companies, joining Standard & Poor’s in predicting lower crude prices as S&P began downgrading firms in the sector.

Sales of single-family homes jumped 16.1% from the November total to a seasonally adjusted annual rate of 4.82 million, up 7.1% compared with December 2014.

This will not be a small task, he said, adding that there are about 182,000 items of business regulation.

Walmart has promised more than 1.2 million of its employees that they will receive a pay rise this year with the minimum hourly rate to increase to $10 an hour, compared to the federal minimum wage of $7.25. However, new entry-level Walmart employees hired in 2016 will still...

Wal-Mart Stores Inc said Wednesday that more than 1.2 million employees would get a raise in 2016, and the retailer will allow paid days off to be carried over into the next year as it aims to retain workers amid a tight us labor market.