When it comes to selling houses, there are all sorts of unwelcome delays that can leave a sale dragging on for months after the property has first been put on the market. However, there are now a number of property investment companies and house purchasers who will offer up cash for house and homes, in [...]

The US Food and Drug Administration has confirmed that it investigating reports that up to 38 men who used the impotence drug Viagra have suffered vision loss. Pfizer, the company that makes Viagra and the largest pharmaceuticals group in the world, defended its product, saying that there is no evidence that the type of vision [...]

Hyundai has opened its first plant in the US, located in Montgomery, Alabama. It is a $1.1 billion facility that the company claims to be the most advanced in the world. Hyundai joins Honda and Mercedes in Alabama, to become the third foreign automobile manufacturer located there. Once the plant swings into full production, Alabama [...]

Warner Music Group stocks fell 7 percent Wednesday on the debut of its Initial Public Offering. This was seen as an expression of lack of faith in an unsettled music industry by investors. Among the factors that investors might be thinking about are the constant technological changes affecting the industry, the fact that the music [...]

General Electric will announce a plan on Monday that will see it investing in and developing new technologies meant to make industry’s activities less harmful to the environment. GE’s new initiative is scheduled to be announced in a speech by the chairman and chief executive of the company in a speech in Washington, D.C., at [...]

Despite the appearance of finality in the merger war between Qwest Communications and Verizon Communications when Qwest withdrew from the bidding a week ago, the battle might not yet be completely over. After last Monday’s withdrawal, several MCI shareholders met with executives from Qwest to urge them to make another bid for MCI, the second-largest [...]

Retail sales figures released on Thursday show that buying has not slowed down even as higher gasoline prices are having some impact on shoppers’ habits. Sales increased in April across the board, from luxury retailers to discount stores. Luxury retailer Neiman Marcus saw its sales in its 37 stores increase by 12.5 percent. Department stores [...]

Boeing and Lockheed Martin will, if the government approves, merge their satellite launch operations. This move comes after several years of civil litigation between the two companies and the suspension of Boeing’s U.S. Air Force contracts. The proposed merger would save the government an estimated $100 million to $150 million per year and will effectively [...]

After declaring a revised merger bid from Qwest Communications superior on April 21, MCI has now announced that it would be more likely to accept a revised offer from Verizon superior due to pressure exerted by its business customers. In making Monday’s announcement, MCI said that some of its “most important business customers” have indicated [...]