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.
General Electric Revenue Disappoints as Restructuring Continues As General Electric continues its restructuring and its refocusing of its energies on its core business, the company reported disappointing revenue figures in its quarterly report for the first ...
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".
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.
On Friday, the California Employment Development Department (EDD) reported Tulare County's jobless rate for March was 13.2 percent, slightly better than the 13.4 percent rate in February.