BEIJING--China's central bank reduced the amount of reserves commercial banks are required to hold, freeing up about $200 billion for lending in the latest easing measure to shore up the world's second-largest economy.
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.