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Business News
CIT Group buying OneWest Bank in $3.4B deal
NEW YORK (AP) -- CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal....
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DuPont 2Q profit climbs 3.9 percent
WILMINGTON, Del. (AP) -- DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter, matching analyst expectations....
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Comcast 2Q earnings top views on Internet hookups
PHILADELPHIA (AP) -- Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated....
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Ackman says he can prove Herbalife is a 'fraud'
NEW YORK (AP) -- Hedge fund manager Bill Ackman said he will hold a presentation Tuesday that will prove nutrition company Herbalife is a "fraud."...
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Natural gas falls to an 8-month low
Natural gas fell to its lowest level in eight months Monday following forecasts that nationwide summer temperatures are expected to be milder than normal....
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