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Manchester team says it has orders for all IPO shares

LONDON — Manchester United Ltd., the English soccer team with a record 19 national championships, received enough orders for all shares being sold in its U.S. initial public offering, said two people with knowledge of the matter. The company and its owner, the Glazer family, are seeking to raise as much as $333 million by […]

Posted inBusiness

Briefcase

Consumers cut back on credit card use in June Americans cut back on credit card use in June, a sign that high unemployment and slow growth have made some more cautious about spending. Still, total consumer borrowing increased as many kept taking out loans to buy cars and attend school. Consumer borrowing rose by $6.5 […]