A projection in Finland says Alexander Stubb wins the first round of the presidential election to set up a Feb 11 runoff

Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy’s private, Arkhouse confirmed on Sunday. Arkhouse Management, a real-estate-focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s stock they don’t already own for $21…

RIO DE JANEIRO — After decades of delay and pressure, Brazil announced Tuesday that it will henceforth use “favelas and urban communities” to categorize thousands of poor, urban neighborhoods, instead of the previous term “subnormal agglomerates” that was widely viewed as stigmatizing. Starting in the 1990s, the national statistics and geography institute, known by its…

Snowballing protests by French farmers crept closer to Paris on Thursday, with tractors driving in convoys and blocking roads in many regions of the country to ratchet up pressure for government measures to protect the influential agricultural sector from foreign competition, red tape, rising costs and poverty-levels of pay for the worst-off producers. Traffic-snarling drive-slows,…

CSX’s fourth quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly. The Jacksonville, Florida-based railroad said it earned $886 million, or 45 cents per share, during the quarter. That’s down from $1.02 billion, or 49 cents per share, a year earlier. The results for the latest quarter…

Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression. Money from the private sector has been much less easy. Witness the chilly reception he received from bankers this past week at the World Economic Forum in…

FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups