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Coty Drops $10.7B Bid For Avon

Coty Inc. withdrew its $10.7 billion offer to buy Avon Products Inc. (NYSE: AVP) following months of failed communication by Avon, the company announced on Monday.
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Marijuana

Marijuana May Ease Multiple Sclerosis Symptoms [STUDY]

People with multiple sclerosis have long said that smoking marijuana helps ease their painful muscle cramping. And a new clinical trial suggests they are not just blowing smoke. The study, published Monday, found that for 30 MS patients with muscle spasticity, a few days of marijuana smoking brought some relief.
Home Depot

Home Depot Sales Miss Estimates; Shares Fall

Home Depot Inc. (HD.N) reported weaker-than-expected quarterly sales on Tuesday after demand slowed in April following a jump in home improvement projects spurred by warm weather earlier in the year.
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Coty Drops Takeover Bid For Avon

Coty Inc said Monday evening it is withdrawing its $10.7 billion takeover bid for Avon Products Inc, saying the world's largest cosmetics direct seller had missed its deadline to start talks.
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Court Refuses To Delay BofA-Merrill Lynch Settlement

A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co.
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Twitter Launches ?Best Of Twitter? Email Newsletter

Twitter has launched a new email newsletter that will be delivered weekly. The email will include the most-shared stories from the users that a given person follows and some of the most engaging tweets.
Assemblywoman Michelle Schimel

The Personal Gets Political On Long Island: It?s Schimel Vs. Schimel

For months in Great Neck, the leafy Nassau County, N.Y., suburb rocked last year by the revelation of cheating on SAT exams in its high schools masterminded by Samuel Eshaghoff whose mother was library president, there had been rumors of marital troubles between Assemblywoman Michelle Schimel and her husband Mark.

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