Economy barely afloat as GDP grows 0.6 percent in Q1
The Commerce Department reports GDP growth at 0.6 percent in the first quarter, the slowest in over four years, dragged by a large trade deficit and cautious business investment. Wall Street marks modest gains as unemployment benefits filings ease to 310,000.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Ken Mayland
ClearView Economics
Federal Reserve
Ben Bernanke
United States
Labor Department
Cardinal Health settles $600 million shareholder suit
Cardinal Health Inc. will pay $600 million to settle a shareholder class action alleging accounting irregularities and inflated earnings. The agreement, disclosed in a regulatory filing, is subject to U.S. District Court approval and would end ongoing litigation after a $600 million reserve was set in the third quarter. In Newark New Jersey the New Jersey Supreme Court revived a separate class action against Wal Mart over meal and rest breaks and off the clock work affecting about 80 000 employees.
MENTIONED IN THIS ARTICLE
Dublin
Cardinal Health Inc
Medical Products and Services Company
Central Ohio
Newark
N.J
New Jersey Supreme Court
Wal-Mart
Judith L. Spanier
Northwest exits bankruptcy reshapes major airlines strategy
Northwest Airlines returns from bankruptcy as the industry reshapes with tighter routes and fuller planes. Airlines trim unprofitable services, cut costs, and seek pricing power while updating fleets with Boeing 787s and 76-seat regional jets.
MENTIONED IN THIS ARTICLE
Northwest
Mike Boyd
Boyd Group
Eve Cole
Boeing
UAL Corp
United
Darryl Jenkins
Embry Riddle Aeronautical University
Daytona Beach
Fla
Also Mentioned on This Page
Jeannine Aversa
Associated Press
Yahoo
Cardinal Health Setties
Doug Steenland
Northwest Airlines
New York Stock Exchange
Joshua
Minneapolis
Delta
U.S. Airways
American Airlines
Jenkins
Jet Blue
Bob Mann
R.W. Mann & Co
Port Washington
N.Y
Mann
FTMC
Tin
Cig
Www
Ftmc.com
the Market IN Review
Caren
Dany Dow Jones
Dow Industrals
Edwards
Pontard
Agrico
Peru
Novaces
Eastern Co
Sseh
Weoen
Moodys
Name _ Voi
Motorola
Ondreon
EMC Cp
Prusroda Ni
Cisco
Woo
GenElec
Tech
Ceridian
Djia Diam
Orce
Krak
SP UN
del Inc
Microsoft
Motowla
Nsource NY
Nordson
Sny
Sherwin NY
Amex
Ishrok Nya Nasd
TimeWar
Wendyss NY
LNB
Brcp Nash
Sweet
NYMX
CBOT
Chicago Board
CME
Exchange
NYBT
New York
Invcoama m
Capincbua m
Cox Stock
Cpwidgria m
Incamera m
EurPacGrAm FB Wat
Vanguard
Vanguard Instidx
Newperspa m Wi
PadetsaPisa
BaiAm
Fundr
Va Mlb
MCA
Fidelity GrowCo
Dawe Nyveta
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