US new home sales up 2.3 percent in April
WASHINGTON (AP) -- U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening....
Ralph Lauren's 4Q profit rises 35 pct
NEW YORK (AP) -- Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls....
Oil falls on concerns for China demand, Fed policy
NEW YORK (AP) -- The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy....
Rue21 agrees to go private in nearly $1B deal
NEW YORK (AP) -- Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners....
CEO Pay: It's good to be in health care
Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least....
