Sales of Existing US Homes Fall on Limited Inventory: Economy – Bloomberg
NPR Sales of Existing US Homes Fall on Limited Inventory: EconomyBloombergPreviously owned U.S. home sales unexpectedly dropped in March as a lean supply of properties kept the industry from generating…
Caterpillar Whiffs On Earnings, Cuts Guidance On Soft Economy – Forbes
Telegraph.co.uk Caterpillar Whiffs On Earnings, Cuts Guidance On Soft EconomyForbesCaterpillar Caterpillar's first-quarter profit was cut nearly in half from a year ago, due chiefly to sharp inventory declines at customers…
U.S. mogul launches $300M China scholarship
A U.S. private equity tycoon announced Sunday the establishment of a $ 300 million US endowed scholarship program in China for students from around the world, and billed it as…
Dollar resumes run toward ¥100 level – MarketWatch
MarketWatch Dollar resumes run toward ¥100 levelMarketWatchLOS ANGELES (MarketWatch) — The U.S. dollar rose against Japan's currency Monday, flirting with the 100-yen level after financial officials from the world's top…
Lufthansa cancels thousands of flights in union dispute
German airline Lufthansa has announced that most of its 1,700 scheduled flights on Monday have been cancelled due to a one-day strike by employees. CBC | Business News…
Schwarzman Endows Rhodes-Like Scholarships in China – Businessweek
Times of India Schwarzman Endows Rhodes-Like Scholarships in ChinaBusinessweekBlackstone Group LP (BX) Chairman Stephen Schwarzman is giving $ 100 million to set up a Rhodes Scholarships-like program at China's Tsinghua…
Controller furloughs to take effect today – WGNtv.com
WGNtv.com Controller furloughs to take effect todayWGNtv.comThe Federal Aviation Administration will begin its mandatory furloughs Sunday, and travelers could see an impact as soon as Monday. The FAA said it…
Boeing Dreamliner cleared to resume flights
Boeing’s beleaguered 787 Dreamliner could be flying again within a week after federal officials approved a fix for its batteries, even though the cause of a fire on one plane…
Jobless Claims Inched Higher Last Week – Fox Business
My Moinfo Jobless Claims Inched Higher Last WeekFox BusinessThe number of Americans filing new claims for unemployment benefits rose slightly last week, which could further allay fears of a major…
Fitch downgrades U.K. credit rating to AA+
FitchRatings has downgraded the U.K.’s foreign and local currency issuer default rating to AA+ from AAA on Friday, saying it reflects the country’s weaker economic and fiscal outlook. CBC |…
