AFP Wall Street stocks opened modestly lower on Monday as Virgin America surged more than 40 percent on news it agreed to be acquired by Alaska Airlines in a $4 billion deal. Five minutes into trade, the Dow Jones Industrial Average stood at 17.771.20, down 21.55 points (0.12 percent). The broad-based S&P 500 shed 2.76 (0.13 percent) to 2,070.02, while ...

Bloomberg Mexican conglomerate Alfa SAB is back in talks to take over Pacific Exploration & Production Corp. with a sweetened bid for the beleaguered Colombian oil producer, according to people with knowledge of the matter. Shares of Pacific jumped. A strong offer by Alfa could win support from Pacific’s biggest investor, O’Hara Administration Co., and the producer’s management, the people ...

Lesbos / AFP Three boats shipped scores of migrants from the Greek islands to Turkey on Monday, the first wave of deportations under a hotly-contested pact to ease Europe’s worst migration crisis since World War II. As the sun rose over the Greek islands of Lesbos and Chios, some 200 migrants, mainly from Pakistan and Bangladesh, were ferried back across ...