BEIJING: China's central bank announced Sunday it would cut the level of funds that commercial banks must hold in reserve by one percentage point, the second such move this year to boost lending.
After the first quarterly earnings report of General Electric came out, changes in its structural design made by the management became evident.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) is examining a possible bid for Mylan NV (Nasdaq: MYL), according to a report by Bloomberg dated Friday, and citing "people with knowledge of the matter".
New York City lawmakers are barring most employers from checking a job candidate's credit record. The city council passed a bill on Thursday that makes it illegal to request or use a job applicant's credit history in making a hiring decision.
They say you don't get rich by writing a lot of checks. And if you believe the IRS, failing to pay billions in federal taxes may explain how two brothers and Texas businessmen amassed a fortune worthy of landing them among the Forbes 400 Richest Americans.