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Business News
US stock market turns lower in afternoon trading
NEW YORK (AP) -- U.S. stocks were mostly lower in afternoon trading Tuesday even after news that the economy was gaining strength. The S&P 500 dipped back below 2,000 points as oil producers weighed the index down....
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1-800-FLOWERS buying Harry & David for $142.5M
CARLE PLACE, N.Y. (AP) -- 1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts....
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Select Income REIT adds to portfolio in $2.7B deal
NEWTON, Mass. (AP) -- Select Income REIT will spend about $2.7 billion in cash and stock to buy Cole Corporate Income Trust in a deal that adds 64 office and industrial properties to the real estate investment trust's portfolio....
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US stocks are mostly lower at midday
U.S. stocks are mostly lower at midday as energy stocks weigh on the market and investors wait to see what actions central banks take later this week....
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Some fear auto industry returning to bad habits
DETROIT (AP) -- Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past....
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