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Business News
Philips sells stake in LED components, automotive lighting
THE HAGUE, Netherlands (AP) -- Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion....
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Rates for US Treasury bills edged up at weekly auction
WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks....
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Business Highlights
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US consumer spending edges up 0.1 percent in February
WASHINGTON (AP) -- U.S. consumers spent just slightly more in February even though their income rose by a healthy amount. But economists hope bigger paychecks will give spending a bigger boost in the coming months....
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UnitedHealth bulks up for prescription drug cost battle
The nation's largest health insurer, UnitedHealth, will muscle up for its fight against rising prescription drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp....
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Poll
Following the German airline crash and all that's been reported about it, how are you feeling about flying?
  I'm more nervous but will still be flying.
  It was an isolated incident and won't stop me from flying.
  Very frightening and I won't fly anytime soon.
 
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