Homes of roughly 200 square feet could be quickly and cheaply built to house homeless and low-income residents in Portland.
USAToday. The settlement is the largest in history between the federal government and a single company.
CNN: Family Dollar says it's sticking with an agreement to merge with Dollar Tree for less money.
Reuters: The U.S. dollar hit nine-month highs against the euro and rose against a basket of major currencies after strong U.S. housing data bolstered expectations for an earlier-than-expected rate hike from the Federal Reserve.
WSJ: Apple said unit sales on the iPad—the best-selling tablet on the market—fell for a second straight quarter.
Reuters: Groundbreaking for new housing jumped 15.7% last month to a seasonally adjusted 1.09-million unit annual pace, the highest level since November.
Bloomberg: Chinese hackers stole data from 4.5 million patients of Community Health Systems Inc., the second-largest for-profit hospital chain in the United States.
BBC: Dollar General made a $9.7 billion offer for the discount retailer, triumphing the $8.5 billion offer Dollar Tree made last month.
TIME: A new survey found that 36% of Americans have not set aside any money for retirement.
Reuters: The world's largest soda maker paid $2.15 billion in cash for a 16.7% stake in Monster Beverage Corp.
CBS: Today marks the centennial anniversary of the opening of the Panama Canal, an engineering marvel that permanently changed world trade.
Reuters: The network equipment maker said it plans to cut another 6,000 workers as it transitions towards a new cycle of high-end switches and routers.
Bloomberg: Household debt dropped 0.2%, or $18 billion, to $11.63 trillion from January through March 2014.