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Business News
Volatile apartment sector reduces US home building
WASHINGTON (AP) -- U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly....
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Bayer to split off polymer division with IPO
BERLIN (AP) -- German pharmaceuticals and chemicals company Bayer AG said Thursday it plans to spin off its polymer division with a separate stock listing....
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US stocks buoyed after Fed continues low rates
NEW YORK (AP) -- U.S. stocks are opening higher a day after the Federal Reserve made clear it would keep interest rates at record lows for a while....
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Ireland economy grows 7.7 percent, leads eurozone
DUBLIN (AP) -- Ireland's economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared an end to the country's financial doldrums....
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Yellen says US families need to boost savings
WASHINGTON (AP) -- The Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday...
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