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DETROIT—A Saudi man arrested at Detroit Metropolitan Airport after federal agents said he lied about why he was travelling with a pressure cooker is due in court.
Hussain Al Khawahir is scheduled to appear Tuesday in U.S. District Court in Detroit for a hearing to determine whether he will be released on bond or detained.
Al Khawahir […]

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NEW YORK—The good news for the Blue Jays is that Josh Johnson says the soreness in his throwing arm is neither in his elbow nor his shoulder.
“It’s in, I guess, a good spot, if there is one,” the Jays’ towering right-hander offered on Friday, after it was announced he would miss the night’s start due […]

The clothing label will pay an $882,000 penalty as part of a non-prosecution agreement with the Justice Department, and will give up roughly $735,000 in illicit profits and interest as part of a non-prosecution agreement with the Securities and Exchange Commission.

Between 2004 and 2009, Ralph Lauren’s Argentinian subsidiary bribed customs officials “to […]

Global policy makers and economists are staging a retrial of austerity as new evidence arises.
Facing another slowdown in the world economy, the U.S. and International Monetary Fund are pitched against the euro area and U.K. over whether axing budgets and debt is the recipe for recovery or recession. In academia, professors Kenneth Rogoff and […]

There are many ways to finance a bike-share program.
One is the public model, where the city or region owns the program and it’s operated on a day-to-day basis by a contractor. Then there are public-private partnerships, run by for-profits or non-profits. And, as with Toronto’s Bixi, there is the private non-profit model.
The public model, seen […]

NEW YORK (AP) — A New York Appellate judge has rejected Macy’s request to slap rival J.C. Penney Co. with a temporary restraining order barring it from selling non-branded goods designed by Martha Stewart while an appeal is pending.
On Monday, rival Macy’s Inc. filed an appeal to overturn a decision made by New York State […]

At a breakfast Wednesday for about 230 people, Liberal leadership candidate Justin Trudeau was the smiling, supportive husband. The star of the morning was his wife, Sophie Gr

Britain’s Treasury chief unveiled another tough budget Wednesday despite weakness in the economy that raised fears of a third recession in a little more than four years.
Though he offered beer drinkers and car drivers a tax break _ no doubt a popular move among some _ and provided incentives for home-buyers and investments in infrastructure […]

Andrea Bargnani’s worst season of his NBA career is over.
The Toronto Raptors announced Wednesday that forward Bargnani is expected to be sidelined for the remainder of season with an “avulsion sprain” of the right elbow.
This injury isn’t related to his previous right elbow injury which forced him to miss 26
games starting in December.
Bargnani […]