Vehicle Sales Fell by 10% Last Monthmore similar news »
Sales of cars and trucks in the United States fell 10 percent in February as oil prices climbed past $100 a barrel and worries about a recession rattled consumer confidence.
Diebold Rejects Takeover Advancemore similar news »
The board of the automated teller, office and voting machines rejected an unsolicited $2.64 billion takeover bid from United Technologies, a diversified manufacturer.
Genesco’s Costly Potential Settlementmore similar news »
Genesco and Finish Line appear to have reached an armistice in their battle over a failed $1.5 billion deal. But the news propelled Genesco’s stock down drastically, while it lifted Finish Line’s.
Big Response to Vioxx Settlement Offermore similar news »
Merck said that more than 93 percent of the 47,000 people who allege that the arthritis drug Vioxx caused their heart attack or stroke have submitted claims in the company’s settlement offer.
Buffett Says U.S. Is in Recessionmore similar news »
But the billionaire investor said the economy had not deteriorated to the levels of 1973 and 1974, a deep recession also marked by rising oil prices and falling stocks.
Stocks Flat as Oil Hits Recordmore similar news »
Stocks ended flat on Wall Street in a meandering day as record lows for the dollar and all-time high prices for oil and gold were offset by a better-than expected report on the manufacturing sector.
