From the Wires

Bank of America agrees to $17B settlement

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Thursday, August 21, 2014

USAToday. The settlement is the largest in history between the federal government and a single company.

 

Family Dollar rejects bid from Dollar General

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Thursday, August 21, 2014

CNN: Family Dollar says it's sticking with an agreement to merge with Dollar Tree for less money.

 

U.S. dollar hits nine-month high against euro

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Wednesday, August 20, 2014

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.

 

Demand for tablets declines

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Wednesday, August 20, 2014

WSJ: Apple said unit sales on the iPad—the best-selling tablet on the market—fell for a second straight quarter.

 

U.S. housing market improving

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Tuesday, August 19, 2014

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.

 

Hospital network hacked, 4.5M records stolen

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Tuesday, August 19, 2014

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.

 

Dollar General enters bid for Family Dollar

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Monday, August 18, 2014

BBC: Dollar General made a $9.7 billion offer for the discount retailer, triumphing the $8.5 billion offer Dollar Tree made last month.

 

More than a third of Americans lack retirement savings

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Monday, August 18, 2014

TIME: A new survey found that 36% of Americans have not set aside any money for retirement.

 

Coca-Cola acquires major stake in Monster Beverage

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Friday, August 15, 2014

Reuters: The world's largest soda maker paid $2.15 billion in cash for a 16.7% stake in Monster Beverage Corp.

 

Panama Canal turns 100

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Friday, August 15, 2014

CBS: Today marks the centennial anniversary of the opening of the Panama Canal, an engineering marvel that permanently changed world trade.

 

Cisco Systems Inc. to cut another 6,000 jobs

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Thursday, August 14, 2014

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.

 

U.S. consumer debt declines for the first time in a year

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Thursday, August 14, 2014

Bloomberg: Household debt dropped 0.2%, or $18 billion, to $11.63 trillion from January through March 2014.

 

U.S. retails sales flat in July

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Wednesday, August 13, 2014

WSJ: Retail and food services sales were essentially unchanged last month from June.

 
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