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Business News
CIT Group buying OneWest Bank in $3.4B deal
NEW YORK (AP) -- CIT Group is buying regional bank OneWest Bank in a $3.4 billion cash-and-stock deal....
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DuPont 2Q profit climbs 3.9 percent
WILMINGTON, Del. (AP) -- DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter. The results matched analysts' expectations....
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Ackman says he can prove Herbalife is a 'fraud'
NEW YORK (AP) -- Hedge fund manager Bill Ackman said he will hold a presentation Tuesday that will prove nutrition company Herbalife is a "fraud."...
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Natural gas falls to an 8-month low
Natural gas fell to its lowest level in eight months Monday following forecasts that nationwide summer temperatures are expected to be milder than normal....
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How the Dow Jones industrial average fared Monday
Stocks closed with slight losses on Monday as U.S. companies turned in mixed quarterly results and as tension mounts between Russia and the West over the downed passenger jet in Ukraine....
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