WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Mylan skeptical of rumored Teva bid; hasn't received offer
NEW YORK (AP) — Generic drugmaker Mylan, citing media speculation that Teva Pharmaceutical may be eyeing it as a takeover target, says it doubts that regulators would approve such a deal and is committed to its current strategy as a stand-alone...
Apr 18, 2015 | 6:18 PM
Why banks made more money last quarter
Fees from corporate mergers and commissions from trading fueled profits at big financial firms. [...] average Americans also helped by taking out more home loans and paying off their debts. Ultra-low interest rates led to a surge of refinancing...
Apr 18, 2015 | 6:18 PM
Gauge of US economy rises 0.2 percent in March
Building permits were the weakest part of the index, while slowdowns in average working hours and new factory orders have also been in a drag over the past six months. Six of the 10 indicators increased in March, with the biggest support coming...
Apr 18, 2015 | 6:18 PM
How the Dow Jones industrial average fared Friday
U.S. stocks closed broadly lower Friday. Investors were worried that Greece may default on its debt and exit the euro currency block. Chinese regulators were also taking steps Friday to rein in a runaway stock market there.
Apr 18, 2015 | 6:18 PM
Barbie shows signs of life as Mattel plots comeback
Mattel, the toy company behind the plastic dolls, said there were some signs of improving demand for Barbie ahead of its planned makeover of the brand, including Barbie dolls with different skin tones, eye colors and nose shapes to better relate to...
Apr 18, 2015 | 6:18 PM
American Express and Mattel are big market movers
First Horizon National Corp. (FHN), down 27 cents to $14.28 The chipmaker reported disappointing first-quarter earnings and outlook for the current quarter as people buy fewer PCs. The electronic storage maker reported fiscal third-quarter...
Apr 18, 2015 | 6:18 PM
Recalls this week: blowers, bike hooks, mattresses, toys
Other recalls include mattresses that failed flammability standards and truck and motorcycle toys with excessive amounts of lead. Husky Securelock vertical bike hooks used with a Husky Trackwall garage storage system. The 3 inch by 3.5 inch black...
Apr 18, 2015 | 6:18 PM
Google shaking up search recommendations on smartphones
SAN FRANCISCO (AP) — Google is about to change the way its influential search engine recommends websites on smartphones in a shift that's expected to sway where millions of people shop, eat and find information. Websites that don't fit the...
Apr 18, 2015 | 6:18 PM
US stock indexes drop sharply following a slump in Europe
NEW YORK (AP) — U.S. stocks are moving lower in midday trading following steep declines in Europe and some disappointing results from big companies. Investors are worried about Greece's shaky finances and news from China Friday that regulators...
Apr 18, 2015 | 6:18 PM
China regulator clamps down on borrowing to buy stocks
BEIJING (AP) — China's securities regulator is tightening control over lending to small stock investors in an attempt to cool an overheated stock market. The China Securities Regulatory Commission has banned a type of financing called an umbrella...
Apr 18, 2015 | 6:18 PM