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• Drug companies: No cold meds for kids under 4
WASHINGTON - Children under 4 should not be given cough and cold medicines, companies that make those products said Tuesday in announcing new guidelines for their use. The industry has been criticized by pediatricians for marketing over-the-counter ...
• Rush is on to hire companies to manage bailout
Oct. 7: European officials struggled to stave off a growing banking crisis as drops in the U.S. stock market continued to cause a chain reaction around the globe. CNBC's Michelle Caruso-Cabrera reports. WASHINGTON - The Treasury Department has set an ...
• Warren Buffett's Priceless Investment Advice
Buffett has delivered these outstanding returns by buying undervalued shares in great companies such as Gillette (now owned by Procter & Gamble) . Over the years, Berkshire has owned household names such as Anheuser-Busch (NYSE: BUD) and Lowe's (NYSE ...
• Fed unveils plan to fund some business loans
The Federal Reserve, invoking Depression-era power under “unusual and exigent circumstances,” will buy “commercial paper,” a short-term financing mechanism that many companies rely on to finance their day-to-day operations, such as purchasing ...
• Sector Snap: Semiconductors tumble
NEW YORK - Shares of semiconductor companies tumbled Monday as fears over a global credit crisis sank stocks and sent the Dow Jones industrial down more than 700 points to below 10,000 for the first time in four years. The Philadelphia Semiconductor ...