U.S. current account gap narrows in the second quarter

(Reuters) - The U.S. current account deficit unexpectedly narrowed in the second quarter, supported by a partial reversal of a large equity disinvestment that had occurred in the previous quarter.

Challenging France to Do Business Differently

PARIS — Louis Gallois, one of France’s most influential industrialists, knew he was about to make waves for the country’s Socialist president.