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IRS Employees with Tax and Conduct Issues Received Bonuses
According to a new report by the watchdog agency that oversees it, an award program for Internal Revenue Service (IRS) employees honored some less than honorable staff.
IRS Workers Disciplined For Misconduct Were Awarded Bonuses  Wall Street Journal
IRS workers got $1.1 million in bonuses despite owing back taxes  Los Angeles Times
CNN (blog)   Related articles »  
US new home sales hint at prolonged housing weakness
WASHINGTON (Reuters) - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer.
New-Home Sales Fall to 8-Month Low, in Blow to Housing Recovery  New York Times
US New-Home Sales Plunge -- Update  Wall Street Journal
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SodaStream surges 15% on Starbucks buyout talk
SodaStream shares are surging more than 15% on a report that the company may be a buyout target of coffee giant Starbucks. SodaStream, which makes carbonated beverage machines that allow consumers to create their own sodas as a greener, cheaper ...
SodaStream Surges on Report of Stake Sale to Starbucks  Bloomberg
SodaStream stock surges on report Starbucks means to buy the company  Newsday
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P&G Profit Up Slightly Amid Sluggish Growth In Consumer Product Sales
Procter & Gamble�which produces Pampers diapers and Tide detergent, among several other big-name consumer products brands�has again started to focus more on higher-priced premium offerings and core household and personal-care products.
P&G to raise prices in emerging markets  Financial Times
P&G Profit Edges Up Amid Sluggish Growth In Consumer Product Sales--Update  NASDAQ
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Stocks: Stuck in reverse Wednesday
Wall Street's six-day win streak is in jeopardy on Wednesday as the bulls hit the pause button after disappointing housing data and mixed earnings reports.
Stocks Down at Midday on Data, Earnings  Wall Street Journal
US STOCKS-Wall St edges down after six-day S&P rally; AT&T falls  Reuters
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In Allergan Bid, a Question of Insider Trading
One trading day after announcing the news that the huge hedge fund he runs, Pershing Square Capital Management, had partnered with Valeant Pharmaceuticals International to make an unsolicited $45.6 billion cash and stock takeover bid for Allergan, ...
UPDATE 1-Valeant CEO "disappointed" in Allergan poison pill - CNBC  Reuters
Ackman: Drug Industry Ripe for Cost Cuts  Businessweek
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With Novartis-Glaxo Deal, Further Consolidation in Cancer Space Expected
LONDON�GlaxoSmithKline PLC's decision to sell its cancer-drug business to Novartis AG for $14.5 billion Tuesday sent shock waves around the industry�and there could be still more consolidation ahead in the cancer space.
The future of pharma lies in research, not cuts  Financial Times
Novartis-GSK deal not to impact India  Times of India
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US middle class no longer most prosperous in world
Middle-class Americans have lost their status as the most prosperous in the world, a study has found, shattering the myth of the US dream of prosperity and opportunity.
United States is no longer home to world's richest middle class  DigitalJournal.com
Canada's middle class richest in study of big nations  The Globe and Mail
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The Dumb Way We Board Airplanes Remains Impervious to Good Data
If the conference calls that come with earnings reports attracted exhausted travelers instead of financial analysts and journalists, there's no way Delta (DAL), United (UAL), American (AAL), and Southwest (LUV) could make it through the week without getting ...
Delta Rallies as Revenue Seen Lifted on More Flight Perks  Bloomberg
Why American Airlines (AAL) Stock Is Up Today  TheStreet.com
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Boeing Rally Leads Dow as Investors Seen Relieved on Cash Flow
Workers assemble a Boeing Co. 737 airplane at the company's factory in Renton, Washington. Photographer: Mike Kane/Bloomberg. Boeing Co.
Boeing cash register rings again, sending shares higher  Chicago Tribune
Boeing boosts profit on strong jet sales  Los Angeles Times
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