This Monday morning, U.S. stocks were little changed as investors braced for a very busy week of quarterly results from the major U.S. banks and several Dow 30 companies. Recap Health stocks were down after Eli Lilly (LLY.N) said it was not persuing an experimental heart drug. Shares of Lilly fell…
WASHINGTON (AP) It’s the only the third time in 40 years that millions of Social Security recipients which includes disabled veterans and federal retirees can expect to see no increase in benefits next year. This is really unwelcome news for more than one-fifth of the nation’s population. Why is this happening? They…
BEIJING (AP) Volkswagen has said on Monday that it is recalling 1,950 diesel vehicles in China to change engine software that it now has admitted cheats on emissions tests. Singapore has also suspended sales of the company’s diesel cars at this time. Last month the German automaker admitted that…
If you haven’t heard, Michael Dell has sealed the biggest deal in tech history. After his privately run PC maker agreed to acquire data storage maker EMC in a transaction. This Monday, Dell announced with MSD Partners and Silver Lake to buy cloud computing company EMC for roughly $67 billion…