ThinkstockTenet Healthcare Corp. (NYSE: THC) this morning announced that it has agreed to acquire Vanguard Health Systems Inc. (NYSE: VHS) for $21 a share in cash. The deal is valued at $4.3 billion, which…
ThinkstockIf the value of something actually is determined by the price someone is willing to pay for it, Rio Tinto PLC’s (NYSE: RIO) diamond assets are worth far less than the mining giant thinks…
ThinkstockThe general manager of the Bank for International Settlements, Jaime Caruana, warned that central banks have gone too far in terms of making easy credit available to their economies. What once was part of…
courtesy of Facebook Inc.People who believe that the news is sacred and that readers should decide which news is important and which is not will be hit by another new media tool to dash…
ThinkstockFrom rural covered passes to modern engineering marvels, bridges overcome natural obstacles and expedite transportation. Yet many of the bridges that people drive on every day are in rough shape. According to one transportation…
ThinkstockGermany’s very, very modest economic improvement continued. However, the pace is slow enough that continued problems among other European Union nations could still drag it under. And those problems do continue, based on recent…
courtesy Boeing Co.The 787 Dreamliner program gave Boeing Co. (NYSE: BA) another black eye. One of the planes, operated by United Continental Holdings Inc. (NYSE: UAL) was forced to land because of a brake…
ThinkstockWorry about a slowing economy and a future lack of credit in the market caused the Shanghai Composite to be crushed — down 5.3%. Related worries, which also concerned those about the possible end…
The latest rise in interest rates is already having impact on the on housing affordability. As rates rise, mortgage payments on new and existing home sales go up as well. Even though interest rates…
U.S. equity markets opened higher this morning after yesterday’s bloodbath. There was no economic data of note released today in either Asia or the U.S. In Europe, the eurozone’s current account surplus was larger…
Ed Brown, via Wikimedia CommonsThe U.S. Bureau of Labor Statistics (BLS) today released its data on state and regional unemployment for May. Compared with April data, unemployment rates fell in 25 states , while…
courtesy Best Buy Co. Inc.Following up on its one-day iPhone trade-in day earlier this month, Best Buy Co. Inc. (NYSE: BBY) has now extended the offer for nine days, from today through June 29.…
Ben Bernanke’s post-FOMC comments on bond tapering this week may have been misinterpreted, or maybe the market reaction will prove to be correct. What has happened is that the markets are experiencing the one…
ThinkstockAs if gold isn’t getting bashed enough, CME Group Inc. (NASDAQ: CME) will raise its margin requirement on the Comex on Monday to $8,800 for a standard 100-ounce gold futures contract. That is a…
ThinkstockGogo Inc. (NASDAQ: GOGO) has now opened for trading after a highly watched initial public offering during a week of turmoil. Most investors have worried about the big, unusual simultaneous decline in the price…