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Business News
Family Dollar rejects Dollar General offer
Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators. Family Dollar's board said it supports its existing deal to be acquired by Dollar Tree....
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New restrictions on hydrocodone to take effect
WASHINGTON (AP) -- The federal government is finalizing new restrictions on hundreds of medicines containing hydrocodone, the highly addictive painkiller that has grown into the most widely prescribed drug in the U.S....
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Deals only a click away for back-to-school season
NEW YORK (AP) -- It's mid-August, and parents are scrambling to outfit their kids with backpacks, gadgets and jeans as the clock winds down toward the first day of school....
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Airline group forecasts uptick in Labor Day travel
A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year....
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Bank of America agrees to nearly $17B settlement
WASHINGTON (AP) -- The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday....
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