Bloomberg Pier 1 Imports Inc said it would seek bankruptcy court approval to wind down its retail operations after the coronavirus pandemic made it difficult for the US retailer to find a buyer. The company said in a statement on Tuesday it intends to sell its inventory and remaining assets, including its intellectual property and e-commerce business, through the court-supervised ...

Bloomberg US President Donald Trump threatened to withdraw altogether from the World Health Organization (WHO), a move that would leave Chinese leader Xi Jinping as the most prominent voice leading the global fight against the pandemic. In a four-page letter detailing his grievances with the WHO, Trump called on the group to “demonstrate independence from China,” renewing a complaint that ...

Bloomberg The US Supreme Court ruled in favour of the victims of the 1998 terror bombings of US embassies in Africa that killed more than 200 people and injured thousands more. The ruling leaves Sudan exposed to a $10.2 billion judgment delivered by a federal court in 2012, which was partially overturned on appeal. The 2014 appellate ruling determined that ...