William Nichols News
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The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
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U.S. Army and Air Force special operations forces have used miniature kamikaze drones against Taliban targets and plan to renew the attacks next year, according to documents and an Army official.
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The U.S. military has launched miniature kamikaze drones against Taliban targets and plans to deploy more next year for U.S. special operating forces, according to documents and an Army official.
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U.S. stocks rose, sending the Standard & Poor’s 500 Index to a 32-month high, as improving corporate earnings and manufacturing data overshadowed higher- than-forecast growth in consumer prices.
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Corinthian Colleges Inc. ’s shares surged and call-option trading jumped to the highest since January 2006 on speculation the for-profit university will be acquired.
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What does today’s stock rally equal in past markets? About half as much.
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U.S. stocks fell this week, dragging the Dow Jones Industrial Average below 10,000, as lower-than- estimated jobs growth and a worsening government debt crisis in Europe fueled concern the global economic recovery will slow.
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Amwins Group Inc. will hold a lender meeting tomorrow at 11 a.m. in New York to discuss $645 million in loans the company is seeking to back its buyout by New Mountain Capital LLC, according to a person with knowledge of the transaction.
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U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for a second day, as a bigger-than-estimated decrease in jobless claims bolstered optimism in the economic recovery.
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U.S. stocks fell and the Standard & Poor’s 500 Index posted the biggest loss in five weeks on concern that the Federal Reserve’s stimulus plan and an increase in jobless claims means the economic recovery is in jeopardy.
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