Asian shares inched lower early on Wednesday after a lackluster day on Wall Street, while the dollar was close to 14-month highs against a basket of major currencies after data underscored that the U.S. The Institute for Supply Management said its U.S.
Shares of the home improvement chain closed 2 percent lower at $91.15 on the news, which highlights growing scrutiny of data security in the retail industry following a massive breach at Target Corp last year. "At this point, I can confirm that we’re looking into some unusual activity and we are working with our banking partners and law enforcement to investigate," Home Depot representative Paula Drake wrote in an emailed statement to Reuters.
BP Plc (BP.L) asked a U.S. District Court in New Orleans said the lawyer, Patrick Juneau, lacks neutrality because he had advocated for claimants before the court appointed him to run the claims program. It was the latest in a series of legal challenges filed by the London-based oil major, which has complained previously that Juneau has been too generous and liberal when approving claims. Juneau has said he is just applying the rules of the 2012 settlement agreement that was approved by U.S.