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DealBook: Weyerhaeuser Buys Timberlands and Weighs Selling Its Home-Building Unit


7:02 p.m. | Updated Weyerhaeuser said on Sunday that it planned to buy 645,000 acres of timberland for about $ 2.65 billion and added that it was weighing a sale or spinoff of its home-building unit. Weyerhaeuser is buying the acreage through its acquisition of Longview Timber from Brookfield Asset Management, gaining lands in Washington [...]


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How to Budget for Health Costs in Retirement


It’s fun to imagine a retirement filled with travel and leisure, and your retirement years could very well start out that way. But later on in retirement, there’s an increasing possibility that you will need a significant amount of health care services. You will also need to find a way to pay for them. Medicare [...]


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NASA Unveils New Astronaut Class for Deep-Space Exploration


NASA has picked eight Americans, a mix of scientists and military pilots, to begin training for future space missions that may one day launch them all the way to Mars. The new class includes four men and four women who will join the 47 active astronauts at the agency’s astronaut corps at the Johnson Space [...]


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‘Watch Dogs’ video game a sign of the times


LOS ANGELES (AP) — Across the dizzying, colorful show floor at last week’s Electronic Entertainment Expo, there were games on display where players could become all manner of things, like a throat-slashing 18th century pirate, zombie killer, a guardian of the last city on earth, music-making sorcerer, ruthless Roman general, shape-shifting creature, goblin slayer and [...]


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Obama: US will host first talks on EU trade deal


ENNISKILLEN, Northern Ireland (AP) — President Barack Obama says the U.S. will host the first round of negotiations toward a broad trade deal with the European Union next month in Washington. Obama says there will be sensitivities to overcome by parties on both sides of the Atlantic Ocean. He says while leaders will be giving [...]


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Smiling Prince Philip leaves UK hospital after operation


LONDON (Reuters) – A smiling Prince Philip, the 92-year-old husband of Britain’s Queen Elizabeth, left hospital after 11 days on Monday, slightly earlier than expected, following an operation on his abdomen. Looking sprightly and in good spirits, the prince walked unaided out of the London Clinic, shaking hands with the staff and waving to onlookers [...]


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J&J, in new $1 billion deal, bolsters prostate-cancer role


By Ransdell Pierson (Reuters) – Johnson & Johnson said it would pay up to $ 1 billion for Aragon Pharmaceuticals and its experimental drugs for prostate cancer, bolstering J&J‘s role in the field after it acquired another experimental prostate-cancer treatment four years ago that has become a leading brand. J&J on Monday said Aragon‘s lead [...]


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Co-op Bank unveils rescue plan


17 June 2013 Last updated at 11:41 ET The Co-operative Bank has unveiled a rescue plan to tackle the £1.5bn hole in its balance sheet. Most of the capital to be used to plug the hole will come through a “bail in” – a process where bond holders will be offered shares in [...]


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Are 4 percent mortgage rates the new norm?


Mortgage rates climbed for the sixth week in a row, making refinancers and potential homebuyers nervous. If it serves as consolation, rates are likely to stabilize for a few days until the Federal Reserve meets next week. 30 year fixed rate mortgage 3 month trend 30 year fixed rate mortgage 3 month trend The benchmark [...]


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Syria: Sunni extremists blow up Shiite mosque


AMMAN, Jordan (AP) — Sunni extremists blew up a Shiite mosque in a village in eastern Syria stormed by rebels earlier this week, another sign of the growing sectarian hatred in the country’s civil war, activists said Sunday. They said al-Qaida’s affiliate in Syria carried out the destruction. It showed the determination of extremists to [...]


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