Business

Business U.S. new-home sales hit June slump U.S. new-home sales hit June slump
Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer.
Business Mega-health deals bloom, Anthem bids $48 billion for Cigna Mega-health deals bloom, Anthem bids $48 billion for Cigna
Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients.
Business Appeals court revives challenge to consumer agency Appeals court revives challenge to consumer agency
A federal appeals court on Friday revived a legal challenge to the Consumer Financial Protection Bureau, the federal office created to protect consumers in financial dealings with banks, lenders and credit card companies.
Business Amazon's value surpasses Wal-Mart after surprise profit surge Amazon's value surpasses Wal-Mart after surprise profit surge
It's official: Amazon is bigger than Wal-Mart. Shares of Seattle-based Amazon surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Business Why airlines keep pushing biofuels: They have no choice Why airlines keep pushing biofuels: They have no choice
The number of global fliers is expected to more than double in the next two decades. In order to carry all those extra passengers, airlines are turning to a technology very few can make work on a large scale: converting trash into fuel.