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Business News
Tesla uses stock, note sale to repay government
DETROIT (AP) -- Electric car maker Tesla Motors says it has repaid a loan from the U.S. government nine years early....
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FDA panel backs experimental Merck insomnia drug
WASHINGTON (AP) -- A federal panel of medical experts says that an experimental insomnia drug from Merck & Co Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and difficulty driving....
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JC Penney secures bigger-than-expected $2.25B loan
NEW YORK (AP) -- J.C. Penney says it has secured a $2.25 billion loan, $500 million more than it had expected....
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Figures on government spending and debt
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Gold slips on speculation will Fed cut stimulus
Gold prices sank Wednesday as traders weighed the possibility that the Federal Reserve will start paring back its support for the economy in the coming months....
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