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Universal Health Services can sell psychiatric hospitals

The Federal Trade Commission on Thursday approved the second attempt to sell two Las Vegas psychiatric hospitals that were part of a major acquisition.

Contractors dealt setback in Fontainebleau case

Dozens of contractors trying to get money out of the Fontainebleau bankruptcy were dealt a procedural setback Thursday by the Nevada Supreme Court.

Molycorp drops as JPMorgan cuts target on rare-earth quotas

NEW YORK — Stock prices for Molycorp Inc., owner of the largest rare-earth deposit outside China, dropped the most in three months Wednesday after JPMorgan Chase lowered its earnings estimate and price target because Chinese export quotas won’t fall next year.