Bloomberg The US Supreme Court accepted a case that could roil the credit-card business, agreeing to consider reviving government allegations that American Express Co. thwarts competition by prohibiting merchants from steering customers to cards with lower fees. A federal appeals court had thrown out the lawsuit, saying the US government and 11 states failed to prove that the American Express …

Bloomberg North Korea warned that a nuclear war “may break out any moment” as the US and South Korea began one of the largest joint naval drills off both the east and west coasts of the peninsula. Kim In Ryong, North Korea’s deputy ambassador to the United Nations, said that his nation had become a “full-fledged nuclear power which possesses …

BAGHDAD / KIRKUK / Reuters The Baghdad government recaptured territory across the breadth of northern Iraq from Kurds on Tuesday, widening a sudden and dramatic campaign that has shifted the balance of power in the country almost overnight. In the second day of a lightning government campaign to take back towns and countryside from forces of the Kurdish autonomous region, …