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Business News
Former Czech prime minister appointed central bank governor
PRAGUE (AP) -- Czech President Milos Zeman has appointed his ally and former Prime Minister Jiri Rusnok to be governor of the central bank....
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Monsanto rejects $62B Bayer bid, but still open to talks
NEW YORK (AP) -- Monsanto rejected Bayer's $62 billion takeover bid, calling it "incomplete and financially inadequate."...
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Business Highlights
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Best Buy offers weak profit view, says CFO stepping down
NEW YORK (AP) -- Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the availability of some highly profitable products....
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How the Dow Jones industrial average fared on Tuesday
NEW YORK (AP) -- U.S. stocks made their biggest gain since March on Tuesday as technology companies like Apple and Microsoft soared. Homebuilders also climbed after the government said sales of new homes reached an eight-year high last month. That was a sign the housing market and the broader economy are still in pretty good shape....
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