SAN FRANCISCO, May 29 (Reuters) - Citing a difficult market for home builders, Pulte Homes Inc. (PHM.N) said on Tuesday it would cut 16 percent of its work force.
The Bloomfield Hills, Michigan-based home builder said it expects a pre-tax charge this year in the range of $40 million to $50 million related to the job cuts, most of which will occur this quarter.
NEW YORK (Reuters) - The Northeast began digging out on Sunday from a massive snowstorm that buried cities from Washington to Boston under as much as two feet of snow, creating travel chaos and hampering Christmas shopping. | Video
On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America? Full Article
The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis. Full Article
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