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A growing conviction that the United States is headed toward recession sent Wall Street plunging Tuesday, with weak retail sales figures and disappointing results from Citigroup exacerbating investors' pessimistic mood. The Dow Jones industrials tumbled nearly 280 points. ...more
January 16, 2008
Early holiday sales reports are weak, with Target Corp., the nation's No. 2 retailer, warning that its sales may have fallen in December. ...more
December 26, 2007
Home builder Lennar Corp. formed a land investment venture with Morgan Stanley Real Estate to acquire, develop, manage and sell residential real estate, with Lennar selling properties valued at $1.3 billion to the venture for $525 million. ...more
December 3, 2007
Office Depot said it will revise some past financial statements after an independent review of vendor-program accounting found weakness in its internal controls and led to the firing of four employees. ...more
November 10, 2007
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