4INFO News: Money News from USA TODAY
1.
Job seekers flock to North Dakota, wind up homeless
AP
02/08
More than almost any other U.S. state, North Dakota has escaped the worst effects of the country's recession, but with its good fortune has come an unexpected problem: homelessness, as desperate job seekers flow into the largely rural state looking for work.
2.
Magazine sales fall 9% at newsstands
AP
02/08
U.S. consumers showed less willingness to spend money for magazines at newsstands and other retail outlets as single-copy sales fell more than 9% in the second half of 2009.
3.
CVS Caremark 4Q profit grows 11%
APOnline
02/08
CVS Caremark, one of the nation's biggest drugstore operators, said Monday its profit rose 11% in the fourth quarter as results improved for its pharmacy benefits management business.
4.
Stocks seek direction amid worries about European debt
AP
02/08
Stocks were little changed Monday as investors remain wary about the strength of the economic recovery and mounting debt concerns in Europe.
5.
CIT names ex-Merrill CEO John Thain as chairman, CEO
AP
02/08
Former Merrill Lynch CEO John Thain, who brokered the investment bank's controversial sale to Bank of America, is taking over as chairman and CEO of CIT Group as the commercial lender continues to restructure its business following a brief stay in bankruptcy protection last year.
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