Retailer Amazon announces drone delivery plan
SAN FRANCISCO — Hard to believe, but there was once a time when the visionaries worked for the government. Rebuilding a ruined Europe, putting a man on the moon, ending poverty, connecting the American interior with highways — these were immense tasks undertaken, and often achieved, by bureaucrats.
Monstrous sales and roaring stock, but no profit
SAN FRANCISCO — Nearly every day, Amazon announces a new venture.
Google cleared for Motorola Mobility acquisition
U.S. and European antitrust regulators on Monday approved Google’s acquisition of the cellphone maker Motorola Mobility without formal conditions, paving the way for the search giant to compete directly with its new archrival, Apple.
Grim housing choice: help<br />today’s owners or future buyers
The unexpectedly deep plunge in home sales this summer is likely to force the Obama administration to choose between future homeowners and current ones, a predicament officials had been eager to avoid.
Housing Agency Tightens Rules as Reserves Dwindle
The Federal Housing Administration, the government agency whose loan-insurance programs have become a crucial source of support for the housing market, said Thursday that its cash reserves had dwindled significantly in the last year as more borrowers defaulted on their mortgages.