Shares of Lennar are climbing in Wednesday trading after the homebuilder reported better-than-expected third quarter earnings.
The overall poverty rate declined to 14.5% in 2013 due to the largest one-year drop in child poverty since 1966, but poverty rates for other age groups were little changed.
A congressional report is placing blame on federal auto safety regulators for failing to identify the General Motors ignition switch defect that resulted in at least thirteen deaths.
On a surge in investor demand, Alibaba has raised the price range for its U.S. initial public offering to $66 to $68 a share.
UPS announced it's begun hiring for the 2014 holiday season and expects to add nearly double the workers it hired last year.
Equipment lender United Rentals and hospital operator Universal Health Services will be added to the S&P 500 effective after the close of trading on Friday, September 19.
Gilead said it will license its hepatitis C drug Sovaldi to seven drugmakers in India to expand access to the medicine in developing countries.
Cognizant Technology Solutions said it would buy private health care IT services company TriZetto for $2.7 billion in cash.
Alibaba reportedly plans to boost the price of its upcoming initial public offering due to strong investor demand.
Rental car company Hertz said it will add three candidates nominated by Carl Icahn to its board of directors in order to avoid a proxy battle.