U.S. home construction dips; permit applications surge

New U.S. home construction surged in August
Construction of new U.S. homes surged 10.5 percent in August, the Commerce Department said Tuesday, as applications for building permits rose.

Housing starts take surprise drop in December
Construction of new homes dipped unexpectedly last month in the U.S. as bad weather hit much of the country.

Hasbro 4Q net income dips 1 percent
Hasbro Inc.'s fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles.

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