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January Spending Up, But Income Growth Slows

January Spending Up, But Income Growth Slows

The Commerce Department said Monday that personal spending rose by 0.5% in January, slightly better than expected. But incomes edged up only 0.1%, significantly lower than the 0.4% gain economists had expected. The income gain...

First Niagara seeks president

First Niagara seeks president

Buffalo-based First Niagara Financial Group Inc., said Thursday it is looking for a president to report to CEO John Koelmel. First Niagara (Nasdaq:FNFG), which entered Pittsburgh last September, ranks among the region’s largest banks. Spokeswoman...

Can UnitedHealth Find New Growth?

Can UnitedHealth Find New Growth?

Much like the aristocracy during the French Revolution, HMO executives aren’t making a lot of public appearances these days. The closest that UnitedHealth ( UNH – news – people ) Chief Stephen Hemsley (pictured right)...