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Business News
Sears plans to raise more cash via rights offering
HOFFMAN ESTATES, Ill. (AP) -- Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million....
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Platform Specialty to buy Arysta for $3.51 billion
NEW YORK (AP) -- Platform Specialty Products Corp. is spending about $3.51 billion to buy rival chemical maker Arysta LifeScience Ltd....
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Canadian Pacific ends CSX deal talks
Canadian Pacific Railway says it has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions....
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Survey: Pay raises rarer despite strong US hiring
WASHINGTON (AP) -- U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months....
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European Central Bank starts stimulus purchases
FRANKFURT, Germany (AP) -- The European Central Bank has started buying securities called covered bonds as it launches its latest stimulus effort aimed at preventing the 18-country eurozone economy from sinking back into recession....
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