All Latest News Wires
- Hershey's new logo is sealed with a KissHershey's new logo聽adds a new version of the Kisses chocolate at the end of the company's name. According to Hershey, the new logo is designed to provide better branding consistency.聽
- Revel Casino Hotel closing: A spectacular $2.4 billion flopTwo years after opening, the Revel Casino Hotel will close Tuesday. The Revel will be the second of three Atlantic City casinos to close in a two-week span in a consolidation of the Atlantic City gambling market.
- Bears vs. bulls: Is it time to cash out of the stock market?Some experts think stocks are about to drop, but others say the rally will continue for years.聽
- Why three Atlantic City casinos are closingThe Trump Plaza, The Showboat, and Revels in Atlantic City, N.J. will all close in the next few days, leaving more than 5,000 people out of work. Why is Atlantic City gambling on the wane?
- Even French Socialists want a longer work week, says pollThe 35-hour work week may be in trouble, as French voters and France's new economy minister look to make changes in the policy.
- Consumers saved, but didn't spend in JulyConsumer聽spending in the US unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, indicating that households remain cautious despite an acceleration in economic growth.
- Abercrombie & Fitch sheds once-prized logo from clothingAbercrombie and Fitch will strip its once-ubiquitous logo from its clothes as sales continue to tumble. The Abercrombie & Fitch logo was once emblazoned on the retailer's 聽sweatshirts and T-shirts and held major cachet with teenagers.聽
- JPMorgan investigating possible cyber attackMedia reports say JPMorgan was one of a handful of US financial institutions that may have been the victims of a foreign Internet incursion.
- Market Basket sold to ousted CEO Arthur T. DemoulasThe New England supermarket chain was sold for a reported $1.5 billion to ousted CEO ARthur T. Demoulas after a six-week long power struggle between management and employees.
- CBO: US economy to grow by 1.5 percent in 2014The Congressional Budget Office on Wednesday forecasts that the US economy will grow by just 1.5 percent in 2014, less than聽the Obama administration's prediction last month that the economy would expand by 2.6 percent.聽Looking ahead, the聽CBO聽said it expected the economy to grow by 3.4 percent over 2015 and 2016.
- Coolest cooler sets record for most-funded Kickstarter project. Yes, a cooler.Coolest cooler, a high-tech cooler that is part cooler,聽 part blender, part waterproof bluetooth summer DJ speaker system, 聽and part USB recharge station, 聽just became the most-funded Kickstarter project ever, raising聽$10,340,520 as of early Wednesday.聽
- IMF chief Christine Lagarde under investigation in FranceFrench authorities are looking into a possible improper multimillion dollar payment to a businessman.
- Zara pulls 'Nazi concentration camp' shirt off the marketThe Spanish company, Zara, stopped selling a children's shirt with black and white stripes and a yellow star which bore an unfortunately resemblance to Nazi concentration camp uniforms.
- American, US Airways pull flight listings off Orbitz. Why?American Airlines and US Airways are pulling flight listings from Orbitz websites in a long-running dispute over fees that the travel company charges to list and sell the flights. The Orbitz removal will mostly affect American Airlines and US Airways passengers booking domestic flights.聽
- Time Warner Cable customers back online after nationwide outagesTime Warner Cable says it has largely restored service after a routine maintenance problem caused a nationwide outage of its Internet service for hours on Wednesday morning. Tim Warner Cable says聽the problem affected all of its markets and started at 4:30 a.m.聽
- S&P 500 index closes over 2,000 for first time everThe index, which briefly reached the 2,000 mark before finishing below it Monday, was part of a profitable day on Wall Street Tuesday.
- Hewlett-Packard recalls 5 million power cords over fire dangerHewlett-Packard聽has received 29 reports of聽power聽cords聽overheating and melting or charring, resulting in two claims of minor burns and 13 claims of minor property damage.
- Amazon buys Twitch to make its name in video gamesAmazon聽is hoping to become the ESPN of video games,聽buying the streaming platform聽Twitch聽Interactive for $970 million in cash. With the Twitch purchase, Amazon聽seeks to take part in video gaming's growth as an online spectator sport.
- Superman comic fetches an amazing $3.2 million at eBay auctionSuperman's comic book debut sold for a record-shattering $3.2 million on an eBay auction Sunday. The price surpasses the S2.1 million paid for a similar copy of the same Superman comic at a 2011 auction.聽
- S&P 500 tops 2000 as slow, steady gains continue for Wall StreetThe S&P 500 rose to a new record Monday,聽crossing 2000 for the first time in a broad rally in which financials and biotech stocks led the market. With the S&P 500's new milestone, Wall Street continues one of its longest bull runs.聽