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Business News
Norwegian sails into luxury with Prestige purchase
NEW YORK (AP) -- Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International....
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Dollar General raises Family Dollar bid to $9.1B
GOODLETTSVILLE, Tenn. (AP) -- Dollar General upped its bid for the rival Family Dollar chain and addressed an earlier roadblock, saying that it will more than double the number of stores it would shed to ease the antitrust concerns of its takeover target....
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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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US home prices rose at slower pace in July
WASHINGTON (AP) -- U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales....
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Dominion, Duke to build $5B natural gas pipeline
NEW YORK (AP) -- Dominion Resources, Duke Energy and other partners have proposed building a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia....
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