Walgreen sued for overcharging for generics

by -NO AUTHOR- -- (Reuters) - A union benefits fund filed a class action suit Wednesday, accusing Walgreen Co and generic drug maker Par Pharmaceutical Cos Inc of overcharging for various generic more…

Mercedes-Benz use of 'Che' image stirs outrage

by -NO AUTHOR- -- The company that manufactures Mercedes-Benz luxury cars unleashed outrage among Cuban-Americans in Miami and other cities on Thursday for using the image of Argentine revolutionary Ernesto "Che" Guevara more…

November trade defict hits $47.8 billion

by -NO AUTHOR- -- WASHINGTON— The U.S. trade deficit widened in November for the first time in five months, largely because of a spike in the price of imported oil. Still, exports more…

Fed missed signs as housing crisis loomed

by -NO AUTHOR- -- Despite signs of trouble for the nation's overheated housing market in 2006, there was plenty of banter and laughter around the big mahogany and granite table inside the more…

Obama seeks power to merge federal agencies

by -NO AUTHOR- -- President Obama this morning will ask Congress to give him authority to significantly shrink the federal government by merging six agencies dealing with trade and commerce, a senior more…

Nearly 1 million workers vanished under Obama

by -NO AUTHOR- -- (INVESTOR'S BUSINESS DAILY) — Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the more…

New ad portrays Obama printing fiat currency

by Jerome R. Corsi -- The Fox Business Network has reversed a decision not to air a television ad by Swiss America Trading Corporation that features animations of President Obama and Federal Reserve more…

Congressman: I regret debt-ceiling vote

by -NO AUTHOR- -- Last week, President Obama announced $450 billion in cuts from proposed defense spending increases over the next decade.  Obama says it's necessary to address our growing debt and more…