Genworth Mortgage Insurance IPO Soars in Australia

Shares in home-loan insurer Genworth Mortgage Insurance Australia Ltd rose 14 percent on Tuesday in an upbeat first day of trading for the country's biggest initial public offer of the year so far. ...

California Drought to Continue Through Summer

California doesn't have much chance for rain in the next five months, and its best opportunity to break the drought there may hinge on the emergence of an El Niño in the Pacific Ocean this year, ...