Business

Business U.S. jobless aid applications fall to 289,000 U.S. jobless aid applications fall to 289,000
Fewer people sought U.S. unemployment benefits last week, as jobless claims remain at relatively low levels that point toward stronger economic growth.
Business Source: Bank of America nears $16-$17 billion settlement with U.S. Source: Bank of America nears $16-$17 billion settlement with U.S.
Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, a person directly familiar with the matter said Wednesday.
Business Walgreen turns down inversion to cut tax bill Walgreen turns down inversion to cut tax bill
Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed its U.S. taxes but drew political scorn.
Business Sprint names new CEO after dropping T-Mobile bid Sprint names new CEO after dropping T-Mobile bid
Sprint's new owner is replacing its longtime CEO with a Hispanic billionaire and entrepreneuer after dropping its bid for rival wireless carrier T-Mobile US.
Business 21st Century Fox abandons pursuit of Time Warner 21st Century Fox abandons pursuit of Time Warner
Rupert Murdoch's 21st Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies.