Pep Boys Spurns Bridgestone, Agrees to Be Bought by Carl Icahn
Pep Boys has agreed to be acquired by Carl Icahn for more than $1 billion after Bridgestone Corp. backed down from a bidding war with the billionaire investor.
December 30, 2015Home Values Rise 5.2% Nationally in October
Home values in 20 U.S. cities rose at a faster pace in the year ended October as lean inventories of available properties combined with steadily improving demand.
December 29, 2015Low Gas Prices Help Boost Consumer Confidence
Consumer confidence rebounded more than forecast in December as Americans grew more optimistic about the current state of the economy and job market.
December 29, 2015Most Moscow Residents Support Protest by Truckers, Survey Says
Moscow residents are broadly supportive of protests by longhaul truckers over a new toll system in Russia, the Levada Center said.
December 11, 2015New Jersey Democrats Support Pairing Higher Gas Tax With Cuts
Democrats who control the New Jersey Legislature are ready to back a proposal to increase the state’s gasoline tax in exchange for cutting other levies.
December 8, 2015Orders for Business Equipment Rise More Than Predicted
Orders for U.S. business equipment climbed more than forecast in October, indicating steady domestic demand is encouraging corporate investment even as global sales waver.
November 25, 2015Consumer Spending Rises Less Than Forecast as Americans Pocket Savings
Household spending rose less than forecast in October, showing the biggest part of the U.S. economy was off to a slow start heading into the holiday-shopping season.
November 25, 2015Jobless Claims Decline to Lowest Level in a Month
Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.
November 25, 2015Economy Grows More Than First Estimated on U.S. Stockpiles
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.
November 24, 2015Home Prices Rise More Than Expected in September
Home prices in 20 U.S. cities climbed more than forecast in September from the same month last year, signaling residential real estate is sustaining momentum.
November 24, 2015