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Saudi Diplomat Taken by al Qaeda in Yemen Freed

Wall Street Journal

RIYADH, Saudi Arabia—Saudi Arabia's Interior Ministry says that its diplomat who was abducted by alleged al Qaeda militants in Yemen has been released after nearly three years in captivity. The ministry said in a statement Monday that efforts made by the ...

After Amex split, Costco inks new credit card deal

CBS News

NEW YORK - Attention, Costco (COST) shoppers: Starting next year, the discount retailer will accept Visa cards. Costco said Monday it has struck a deal with financial giant Citi (C) to be the exclusive issuer of its co-branded credit cards, with Visa replacing ...

Ahead of Bell: '60 Minutes' report hits Lumber Liquidators

MiamiHerald.com

Shares of Lumber Liquidators are sliding in Monday premarket trading following a report on "60 Minutes" that the company's laminate flooring made in China may not meet California's health and safety standards. The "60 Minutes" report, which aired on CBS ...

Buffett says 'no jockeying' between Jain, Abel for top post: CNBC

Reuters

NEW YORK (Reuters) - Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway (BRKa.N), told CNBC on Monday that Berkshire executives Ajit Jain and Greg Abel were not angling for the top Berkshire job. In Berkshire's ...

Cape Town Luxury Lodge Partly Razed as Mountain Fire Blazes

Bloomberg

(Bloomberg) -- The U.S. consulate was temporarily evacuated and five homes were destroyed as runaway fires spread across Cape Town's southern peninsula in South Africa. “The fire is not under control, it's still spreading rapidly,” Theo Layne, a spokesman ...

Bill Gates repeats at top of Forbes' list of billionaires

The Denver Post

Forbes says that Bill Gates's net worth rose to $79.2 billion in 2015 from $76 billion last year. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. The co-founder of Microsoft Corp. has topped the list for 16 of ...

HP to buy Wi-Fi gear maker Aruba Networks for $2.7 bln

Reuters

March 2 (Reuters) - Hewlett-Packard Co said it would buy Wi-Fi network gear maker Aruba Networks Inc for about $2.7 billion in cash. The offer of $24.67 per share is a premium of 34.4 percent to Aruba's close on Feb. 24. A possible deal was first reported by ...

Namibia head wins African leadership prize

Herald Sun

NAMIBIAN President Hifikepunye Pohamba has won the 2014 Ibrahim Prize for African leadership, the first African leader deemed worthy of the honour since 2011. PRIZE committee chairman Salim Ahmed Salim announced on Monday in Nairobi that ...

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