More Americans than forecast signed contracts to purchase previously owned U.S. homes in April, indicating a pickup in the housing market during the busy spring selling period.
The Federal Trade Commission announced on Thursday a record settlement of $1.2 billion with Teva Pharmaceuticals over charges that the drug maker Cephalon illegally blocked generic competition to its sleep-disorder drug Provigil.
McDonald's says it will be toasting its buns longer and changing the way it searing the beef for its burgers. (AP). McDonald's says it wants hotter buns.
More Americans sought unemployment benefits last week, though the overall level remains low and points to a healthy job market. Weekly applications increased 7,000 to a seasonally adjusted 282,000, the Labor Department said Thursday.
U.S. stocks fell, after the Nasdaq Composite Index closed at a record, amid reignited concerns about a Greek debt deal and as data showed a stronger-than-expected gain in pending home sales.