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US presses UNSC to confront sex abuse by peacekeepers

UNITED NATIONS / AP The United States is pressing the UN Security Council for the first time to confront the escalating problem of sexual abuse and exploitation by UN peacekeepers, which has undermined the organization’s credibility. The United States is the biggest financial contributor to UN peacekeeping operations, and US officials said the Obama administration wants the council to send ...

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Frontier Airlines to hire Barclays, Deutsche Bank services for IPO

DENVER / Bloomberg Frontier Airlines Inc., a no-frills carrier, hired underwriters for an Initial Public Offering (IPO), people with knowledge of the matter said. Frontier, owned by private equity firm Indigo Partners, is working with Barclays Plc, Deutsche Bank AG and JPMorgan Chase & Co. on the IPO, said the people, who asked not to be identified because the discussions ...

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Gap reports 2 percent drop in revenue measure for February

NEW YORK / AP Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores. The results, announced this week, were slightly worse than the 1.4 percent decline that analysts were expecting, according to Thomson Reuters. Gap said that by division its namesake brand saw revenue at stores ...

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