Business News / Business

Icahn lends $5 million to help Taj Mahal

PHILADELPHIA -- Investor Carl Icahn has agreed to lend Trump Entertainment Resorts Inc. up to $5 million to help the owner of Trump Taj Mahal Casino in Atlantic City, N.J., pay its bankruptcy expenses into January.

The move, described in a ...

Amazon slashes Fire Phone prices again

The cuts keep coming. Amazon has slashed the price of its struggling Fire smartphone again, to $199 for an unlocked 32-gigabyte version with no contract.

The $250 discount comes as the Seattle-based company struggles with sales -- the Fire Phone ...

US new home sales barely rise in October

The housing market is still struggling to take off.

Sales of newly built homes rose less than expected in October, while September figures were revised downward, the Commerce Department said Wednesday.

U.S. new home sales climbed 0.7 percent ...