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 | NEW YORK (UPI) -- Stock markets fell on Wall Street Tuesday morning after an S&P/Case-Shiller housing report showed price gains for U.S. homes slowed in July.
In midmorning trading, the Dow Jones Industrial average lost 37.91 points, 0.35 percent, to 10,774.13. The Standard & Poor's 500 index lost 0.49 percent, 5.62, to 1,136.54. The Nasdaq composite index lost 0.78 percent, 18.47, to 2,351.30.
The benchmark 10-year Treasury note rose 14/32 to yield 2.483 percent.
Continue Reading... Post a Comment | Share | Print DETROIT (UPI) -- Chrysler Group said Monday it fired 13 Detroit assembly plant workers filmed drinking alcohol and possibly smoking pot while on a lunch break at a nearby park.
Two other employees will be laid off for one month without pay.
The video, shot by WJBK-TV, Detroit, at Chrysler's Jefferson North Plant, where the U.S. automaker produces Jeep Grand Cherokees, was aired last week. Chrysler had suspended the workers indefinitely without pay Thursday, the news Web ...
Continue Reading... Post a Comment | Share | Print NEW YORK (UPI) -- Turkish Foreign Minister Ahmet Davutoglu said Jordan, Syria, Lebanon and Turkey had agreed to move forward on a regional free-trade zone.
Davutoglu told reporters in New York that a summit meeting in Istanbul would likely concluded with an announcement that the four-country trade agreement, including "visa-free" travel for the region, would begin in January.
"We will declare at that summit that this economic zone is in effect," Davutoglu said after ...
Continue Reading... Post a Comment | Share | Print | | Advertisement | OSLO, Norway (UPI) -- Visma Holding said Monday the U.S. investment firm KKR & Co. will acquire more than three-quarters of the Norwegian technology firm.
The deal for 76.9 percent of Visma values the Nordic payroll and business software firm at $1.8 billion, The Norway Post reported.
In the deal, investment firm HGCapital will continue to own 17.7 percent of Visma, while Visma's management will increase its share to 5.3 percent.
Visma said the company would ...
Continue Reading... Post a Comment | Share | Print |  | | | More Headlines • Crude oil tops $77 per barrel
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