Money is starting to flood into exchange-traded funds that focus on media and retail companies, marking a rebound for this year’s worst-performing group.
The aging populace has been a boon for Life Care Centers of America Inc., the third-largest nursing home operator in the U.S., and made the company’s founder a billionaire.
The number of Americans renouncing U.S. citizenship declined 13 percent in the final half year before rules that make it harder to hide assets from tax authorities came into force.
Jeffrey Gundlach defied conventional thinking earlier this year by betting that interest rates would fall rather than rise. Investors are rewarding him for the call.
Meals in American Airlines’ first-class cabins, a throwback to the bygone era of free food for all fliers, are poised to disappear from some shorter flights.
The new drug, made by a tiny San Diego-based company, appears to be successfully treating two Americans who were infected with the deadly virus in Liberia.
T-Mobile US is becoming billionaire bait even though it’s the smallest national competitor in a market where the vast majority of the population already has a mobile phone.
