Gordon Coburn, Cognizant Technology Solutions president, discusses his company's plan to expand hiring and move its corporate headquarter from New Jersey to the Lone Star State.» Read More
NEW YORK, Dec 10- If you are in the market for a new home, you have probably noticed that almost all the houses in your local listings are anything but new. New-home construction this year is still 40 percent below normal long-term levels, says Jed Kolko, chief economist at real estate website Trulia.com.
NEW YORK, Dec 10- If the American dream is to own a house, you know you've really arrived when you have two of them. In 2011, Allison and Doug Gumbs, of Washington Crossing, Pennsylvania, bought their second house, in Avalon, New Jersey, taking advantage of low interest rates and a time when the market was particularly floundering.
NEW YORK, Dec 9- Merck& Co Inc said on Monday that it was prepared to pay $27.7 million to settle lawsuits by hundreds of people who sued the company over allegations that its osteoporosis drug Fosamax caused bones in the jaw to deteriorate.
Dec 9- A massive winter storm that drove parts of the southern United States into a deep freeze over the weekend kept a tight grip on the region on Monday while bitter temperatures, snow and ice spread through the East Coast.
Marching north, it was expected to pummel the East Coast with snow, sleet, and freezing rain from Baltimore to north of Portland, Maine, according to the National Weather Service. The Delaware Memorial Bridge, which links Delaware with New Jersey, was closed briefly "due to ice and multiple accidents," according to the bridge's official Twitter account.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
ATLANTIC CITY, N.J.-- A New Jersey lawmaker introduced a bill Thursday that would let his state's casino regulators oversee foreign Internet gambling companies if they move their operations to Atlantic City.
Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.
NEW YORK-- Someone was willing to pay big bucks for an early glimpse of what would become the Boss' "runaway American dream." A handwritten, working lyric sheet for Bruce Springsteen's 1975 hit "Born to Run" sold at Sotheby's Thursday for $197,000, well exceeding pre-sale estimates of between $70,000 and $100,000.
NEW YORK, Dec. 6- What was your first job ever? There have been family affairs: media personality Tavis Smiley worked for his dad, cleaning buildings around an Air Force base in Bunker Hill, Indiana, late into the night.
NEW YORK, Dec 6- Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all year.
NEW YORK-- Shares of Celgene traded higher Thursday after a UBS analyst upgraded the biotechnology company, forecasting strong net income growth. He said Celgene's earnings and margins compare favorably to other health care companies.
NEW YORK, Dec 5- Shopping at Walmart stores across the United States reached a fever pitch at 6 p.m. Thanksgiving Day, when employees across the United States ripped the plastic off doorbuster displays of heavily discounted merchandise.
Researchers at New York University and University of California, Berkeley analyzed 96 metropolitan areas across the United States to see how a lack of economic integration within cities affects people's economic fortunes.
NEW YORK-- Immunomedics said Wednesday its cancer drug IMMU-132 will receive orphan drug incentives as a treatment for small cell lung cancer. Shares of Immunomedics rose 42 cents, or 9.5 percent, to $4.84 in midday trading. Immunomedics Inc. has no approved drugs.
LOS ANGELES-- Toys "R" Us has agreed to pay nearly $180,000 to settle a consumer protection lawsuit alleging that the retailer overcharged customers in Los Angeles and San Diego counties. Los Angeles County prosecutors said Tuesday that Toys "R" Us, Inc. agreed to the settlement without admitting liability.
WASHINGTON-- The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest. Last month, suburban Montgomery and Prince George's counties in Maryland also approved raising their minimum wages to $11.50.
NEW YORK-- The New York Film Critics Circle named "American Hustle" the best film of 2013, giving David O. Russell's fictionalized Abscam tale an early jolt in Hollywood's awards season.
Dec 2- Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.
NEW YORK, Dec 3- U.S. Treasuries prices rose on Tuesday, bolstered by two bouts of bond purchases from the Federal Reserve and a slump in Wall Street stocks partly on worries about the Federal Reserve reducing stimulus sooner than some traders think.