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The final reading of Markit's U.S. manufacturing purchasing managers index was 57.9 in August, down from the flash reading of 58.0 but well above July's 55.8. The final reading for August is the highest level since April… Read More
Amazon founder Jeff Bezos, who bought the Washington Post last year, named a new publisher of the newpaper to sever one of the last remaining links to the Graham family. Frederick J. Ryan Jr. will replace Katharine Weymouth,… Read More
Groupon Inc. shares rose 2.4% in early trade, after RBC upgraded the stock to sector perform from underperform, citing a more reasonable valuation after a pullback and signs of operational improvements. RBC downgraded Groupon… Read More
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