The highest beef prices in almost three decades have arrived just before the start of grilling season.» Read More
*Citigroup is one of S&P's biggest gainers after results. NEW YORK, April 14- U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.
Public Service: The Guardian US and The Washington Post. Investigative Reporting: Chris Hamby of The Center for Public Integrity, Washington, D.C.. Explanatory Reporting: Eli Saslow of The Washington Post.
*Citigroup one of S&P's biggest gainers after results. NEW YORK, April 14- U.S. stocks rose on Monday, rebounding after a sharp selloff in the previous session as strong results from Citigroup and bullish retail sales data lifted sentiment.
NEW YORK, April 14- U.S. stocks bounced back on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
Aspen said its board rejected the proposed deal because it is "not in the best interest" of the company or shareholders, and that Endurance "has a mixed operating track record, new leadership, an unproven strategy and no experience with large acquisitions."
April 14- Insurer Endurance Specialty Holdings Ltd said it offered to acquire Aspen Insurance Holdings Ltd for about $3.2 billion in cash and stock. Endurance's offer of $47.50 per share represents a premium of about 21 percent to Aspen's Friday close on the New York Stock Exchange.
April 14- Insurer Endurance Specialty Holdings Ltd said it offered to acquire Aspen Insurance Holdings Ltd for about $3.2 billion in cash and stock.
NEW YORK, April 14- U.S. stocks were set to open higher on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
Party operatives are pushing a constitutional amendment that would make Florida the first state in the South to legalize some pot use. The political world likely will be focused on Florida in November for clues about the turnout potential among young voters of pot on the ballot.
Patrons at one market in Lubbock seemed resigned to the high prices, but not happy. "I quit buying steaks a while ago when the price went up," said 59- year-old Lubbock resident Len Markham, who works at Texas Tech. She says she limits red meat purchases to hamburger, opting for chicken, pork and fish instead.
WASHINGTON— After months of watching Democrats get hammered over President Barack Obama's health care law, friends of an embattled senator are fighting back by proudly linking him to "Obamacare." An independent group in Alaska is airing a TV ad that praises Democratic Sen.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by 13 this week to 1,831.. Of the major oil- and gas-producing states, Louisiana gained nine rigs, Texas increased by seven, California gained three and New Mexico increased by one.
BILLINGS, Mont.— A federal judge has awarded fees and costs to a former bankruptcy trustee and his lawyers who oversaw attempts to reorganize a Montana power cooperative. Bankruptcy Judge Ralph Kirscher said in a recent order that the fees sought by ex-trustee and Livingston attorney Lee Freeman were reasonable.
NEW YORK— Wal-Mart is using its massive size to drive down the price of organic food items from tomato paste to chicken broth to make them more affordable for its low-income customers. Wal-Mart Stores Inc. is unveiling nearly 100 pantry items under the Wild Oats label over the next several months, adding to the 1,600 organic food items it already carries.
WASHINGTON, April 10- The number of U.S. home foreclosure filings slid 23 percent in March from a year ago, helping bring first-quarter foreclosure activity to its lowest level since the second quarter of 2007, a report from RealtyTrac showed on Thursday.
NEW YORK, April 9- When Jessica Yingling and Christopher Mahoney get married this May, they will be footing the bill for their wedding. Yingling and Mahoney, who live in San Diego and are getting married in Chicago, are among a growing number of couples over 30 who pay for their own weddings because they can afford it and want to keep control of the process.
NEW YORK, April 8- Zayo Group LLC is exploring an initial public offering that could value the fiber network company at close to $7 billion, people familiar with the matter said, amid strong investor appetite for telecommunication firms offering more bandwidth.
Among the corporations is a familiar Democratic nemesis, Koch Industries, the giant conglomerate headed by the billionaire brothers Charles and David Koch. In a Senate chamber speech, Reid noted that Koch Industries benefited from a temporary provision of the health care law.
The plan by the Associated General Contractors of America, which represents 30,000 companies, aims to draw more people into building trades by establishing charter schools focused on technical training, starting non-union apprenticeship programs and pushing for immigration reform.
DENVER— Sales of recreational marijuana rose slightly in Colorado in the second month of retail sales, according to state tax estimates released Tuesday. An estimate from the Colorado Department of Revenue showed that Colorado made some $4.1 million from medical and recreational pot taxes and fees in February.