US new home sales fall sharply in September
Sales of new homes plunged sharply in September to the slowest pace in 10 months, as higher prices and slower overall economic growth weigh on the housing market. The Commerce Department said Monday that …
MONEY (MSM)
US new home sales fall sharply in September
Sales of new homes plunged sharply in September to the slowest pace in 10 months, as higher prices and slower overall economic growth weigh on the housing market. The Commerce Department said Monday that …
Drugmaker Valeant raises detailed defense
Valeant’s shares were up about 1 percent in New York and Toronto after tumbling as much as 14 percent before normal trading hours. Laval, Quebec-based Valeant said it has asked U.S. securities regulators to investigate Citron’s “completely untrue” allegation that the company used its ties with a specialty pharmacy to inflate revenue, and said it would conduct a review of its pharmacy network. About a dozen executives, a former chief
Drugmaker Valeant raises detailed defense
Valeant’s shares were up about 1 percent in New York and Toronto after tumbling as much as 14 percent before normal trading hours. Laval, Quebec-based Valeant said it has asked U.S. securities regulators to investigate Citron’s “completely untrue” allegation that the company used its ties with a specialty pharmacy to inflate revenue, and said it would conduct a review of its pharmacy network. About a dozen executives, a former chief
Bridgestone buying Pep Boys for about $835 million
Tire and auto service company Bridgestone Corp. is buying auto parts and repair company Pep Boys in for $835 million in a deal that will help Bridgestone gain a more dominant position. The offer involves …
Bridgestone buying Pep Boys for about $835 million
Tire and auto service company Bridgestone Corp. is buying auto parts and repair company Pep Boys in for $835 million in a deal that will help Bridgestone gain a more dominant position. The offer involves …
FedEx predicts 12 percent increase in holiday shipments
With online shopping growing, FedEx is bracing for a record volumes this holiday season. The delivery company predicted Monday that shipments from Black Friday through Christmas Eve will rise 12.4 percent …
Watch out for this kind of China stimulus
Despite Friday’s rate cut, fiscal policy is expected to emerge from China’s Plenum as the key tool for steering the economy through its slowdown.
Core of Obamacare Would Be Repealed in Bill Passed by U.S. House
House Republicans voted Friday to repeal Obamacare’s core provisions and strip federal funds from Planned Parenthood, using an expedited process designed to send those proposals to President Barack Obama’s …
Bernanke's top concerns about a Fed rate hike
Ben Bernanke is not envious of the “tough call” Janet Yellen must make with respect to raising interest rates.