| More bad news on home sales sends stocks lower (AP) Another dose of gloomy news about the economy drove stocks lower Wednesday. The Dow Jones industrial average fell about 10 points Wednesday afternoon following news that sales of new homes fell last month to the lowest level on record. finance.yahoo.com |
Biotech Stocks: Arena, Icagen plunge; drug indexes climb [at MarketWatch] - Arena Pharmaceuticals Inc. and Icagen Inc. are the notable standouts, sinking as the drug sector s two main indexes climb into positive territory. us.rd.yahoo.com |
Big Food eyes profits in smaller waistlines [at Financial Times] - Nestlé milked maximum publicity from its creation this week of a health science business to pioneer a new industry between food and pharmaceuticals . The Swiss giant s announcement marks an implicit step toward the recognition by Big Food that it bears responsibility for the unremitting worldwide rise in obesity - though food manufacturers are not yet ready to admit that their products are harmful, as the tobacco industry does. us.rd.yahoo.com |
Retailers lose $10.3bn from theft RETAILERS lost more than $10.31 billion to shoplifting and employee theft during the past four years although the trend is now falling, a survey finds. news.com.au |
Unemployment rate drops in 23 states Nearly half of U.S. states reported drops in their unemployment rates last month, the best showing since June. But job creation was weak in most areas of the country. pheedo.msnbc.msn.com |