CNBC's Diana Olick reports on Phoenix's struggling housing market.» Read More
*Wizz Air has grown to be biggest low-cost carrier in eastern Europe. Organic expansion in the region and as far afield as Moscow, Tel-Aviv or Dubai is set to continue while a new phase of growth is likely to come from Wizz Air exploiting the difficulties of state-backed regional airlines that are struggling to survive.
*Sanofi mulls fate of 200 older drugs including Plavix. *Sanofi also held talks with TPG and Warburg Pincus. PARIS, July 16- Sanofi has held talks with Abbott Laboratories, Mylan and private equity firms over the possible sale of a 6.3 billion euro portfolio of mature drugs, according to an internal document seen by Reuters.
PARIS, July 16- Sanofi has held talks with Abbott Laboratories, Mylan and private equity firms over the possible sale of a 6.3 billion euro portfolio of mature drugs, according to an internal document seen by Reuters.
FARNBOROUGH, England, July 15- GE Aviation Chief Executive David Joyce said the engine manufacturer expected to achieve its Farnborough Airshow target of $30 billion of orders and commitments by the end of Tuesday. Joyce also said GE Aviation hoped to finalise an engine deal soon with Qatar Airways over Boeing 777 X planes.
NEW YORK— Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.
WASHINGTON— Stung by sticker shock, members of Congress are scrambling to lower the cost of a bill to fix veterans' health care amid a growing uproar over long waits for appointments and falsification of records to cover up the delays at Veterans Affairs hospitals.
July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.
July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.
Odds are you guessed Florida, or maybe Arizona- two sunny states that have long been popular with the senior set. Lois O'Grady lives in Vermillion, South Dakota. But the region has another thing going for it: South Dakota was recently named the best state to retire in the nation, handily defeating retiree hot spots like Florida.
New analysis shows that renting may prove to be a better decision than buying in major markets as prices rise and bargains disappear. The NYT reports.
WASHINGTON, May 20- The U.S. House of Representatives will vote this week on a bill to make it easier for the Department of Veterans Affairs to fire or demote senior executives, officials said on Tuesday, following accusations that veterans' healthcare delays have led to preventable deaths.
WASHINGTON, May 20- The U.S. House of Representatives will vote this week on a bill that will make it easier for the Department of Veterans Affairs to fire or demote senior executives, officials said Tuesday, following allegations veterans' healthcare delays have led to preventable deaths.
Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion.
April 7- A unit of UBS AG must pay $5.4 million to a former broker who alleged the firm misled its advisers about the financial health of Lehman Brothers Holdings Inc while recommending they sell its structured notes to clients, a securities arbitration panel ruled.
DETROIT, April 3- General Motors Co again boosted discounts on its full-size Chevrolet Silverado pickups after being outsold in March by Chrysler's Ram 1500.. On its website, Courtesy Chevrolet of Phoenix on Thursday was advertising a 2014 Silverado 2500 HD Crew Cab for $44,669, a $10,066 discount off the sticker price.
NEW YORK, March 17- Swings in the foreign exchange market cost U.S.-based multinational corporations nearly $6 billion in revenue in the fourth quarter, according to a report by currency risk management consulting firm FiREapps on Monday.
March 14- An experimental Amgen Inc cancer vaccine used to treat advanced melanoma, the deadliest form of skin cancer, proved effective in a late-stage study in shrinking tumors in a way that suggests the drug triggered the intended systemic immune response, according to data presented on Friday.
TORONTO, March 2- One of the most closely watched uranium deposits not owned by a major miner, Fission Uranium Corp's Patterson Lake South project, is attracting attention from potential buyers, but Fission's CEO hopes to buy time.
Ruble recovers losses as Ukraine news turns more positive. The yen and the Swiss franc rose on jitters over the possibility of Russian intervention in Ukraine, adding to concerns about emerging markets and driving capital into the world's traditional safe-haven currencies.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.