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Fed pushes largest US banks to shrinkThe proposals aren't new. But combined with recent actions by the Fed and other federal regulators, experts say they carve out a tough stance.
General Mills' $820M Annie's buy is a big bet on organicGeneral Mills announced on Monday that it will acquire organic food producer Annie's for about $820 million鈥攊n an attempt to boost its presence in the natural food space.聽
US job openings near 13-year high. Why companies picked up hiring.US job聽openings聽remained near the highest level in 13 years in July, and companies also stepped up hiring that month to the fastest pace in nearly seven years. Stronger hiring and job openings figures are two signs that the US job market is healing after disappointing jobs data last week.聽
Home Depot confirms massive data breach: Who's at risk?Home聽Depot聽said the data theft could impact its customers in stores across the聽United States聽and聽Canada, but there was no evidence that online customers were affected or debit personal identification numbers (PINs) were compromised.
GE sells appliance division to Electrolux for $3.3 billionGeneral Electric, which has been making household appliances for over a century, has sold off that part of its business to a Swedish concern.
Chick-fil-A founder S. Truett Cathy remembered for fast-food success, gay marriage stanceCathy passed away early Monday after a long and successful career as head of the fast-food chain.
Tesla gets $1.3B in tax breaks from Nevada for new plantGov. Brian Sandoval revealed terms of the deal he negotiated with the electric car maker at a ceremony on the Capitol steps attended by Elon Musk, CEO of California-based聽Tesla.聽
Family Dollar rejects Dollar General bid. Again.Family聽Dollar聽is rejecting聽Dollar聽General's latest acquisition offer, and聽Dollar聽Tree says it will now divest as many stores as needed to get antitrust clearance for its deal to buy聽Family聽Dollar.
Lego is world's largest toy company thanks to 'Lego Movie' successLego聽says its revenue soared 11 percent in the first six months of 2014, mostly because of the success of the 'Lego聽Movie.'聽聽The Danish toy maker said Thursday that it was 'thrilled' by the success.聽
Nevada 'gigafactory' brings Tesla closer to electric car for the massesTesla聽chose Nevada as the site for the $5 billion facility, a person familiar with car maker's plans said Wednesday- Tesla chooses Nevada for battery 'gigafactory,' source saysTesla聽Motors has chosen Nevada as the site for a $5 billion 'gigafactory' that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday.The source said Tesla will also move forward with preparing a second site as well.聽
Apple stock (AAPL) falls ahead of iPhone 6 launchApple stock is on track to have its worst performing day since January Wednesday. Apple stock is facing pressure from scrutiny over the security of Apple devices after hackers leaked nude photos of celebrities. Next week, Apple is expected to unveil the iPhone 6.
Auto sales for August cruise toward a recordAuto sales for August got a boost from Chrysler's聽sales, which leaped 20 percent as the Jeep brand led the automaker to its best August in a dozen years. Nissan reported nearly a 12 percent increase.- CVS changes name, halts tobacco salesCVS Caremark said it will now be known as CVS Health, effective immediately. But the signs on its roughly 7,700 drugstores won't change. However, cigars and cigarettes will no longer be sold.
US manufacturing grows at fastest pace in over three yearsRecently, a report says there has been strong demand for aircraft, furniture, steel, and other metals.
Home Depot looking into possible massive credit-card theftMany retailers have had security walls broken in recent months, including Target, grocery store chain Supervalu, P.F. Chang's and the thrift store operations of Goodwill.
Civil disobedience, arrests expected Thursday in fast-food pay fightA spokesman for the Service Employees International Union, which has been spearheading the protests, said home health care aides will join the actions in some locations.
Uber banned by German court. Will other nations follow suit?Uber has been banned from operation in Germany by a Frankfurt court, the latest shot in the popular app's fight with taxi drivers worldwide.聽The ruling comes after Berlin authorities last month barred聽Uber聽from operating in the capital because of safety concerns.
Dollar General gets aggressive with new $9.1B bid for Family DollarDollar General has upped its bid for the rival Family Dollar chain and says it will shed more stores to allay antitrust concerns. Family Dollar rejected an earlier bid from Dollar General, reaffirming its commitment to working out a buyout offer from Dollar Tree.聽
Alibaba IPO: Why investors won't get actual Alibaba stockAlibaba聽could be one of the most valuable US-traded companies, say analysts, and its IPO could surpass Facebook's $16 billion offering. The catch 鈥� buyers of BABA stock will get a stake in a 'variable interest entity,' but not a share of Alibaba itself.
