All Latest News Wires
Top colleges: Which school is the best bang for your buck?Top colleges lists are usually long on the typical Ivy League suspects. But a new ranking that takes into account price over prestige has identified a new top college located in the Boston suburbs.聽
P&G will axe '90 to 100 brands' from product lineupProcter & Gamble, the maker of Pampers diapers, Crest toothpaste and Tide detergent, will shed many of 聽its well-known brands in the coming years in order to cut costs. Which Procter & Gamble brands are on the chopping block?聽
Hyundai recalls more than 419,000 cars for various problemsHyundai is recalling more than 419,000 cars sold in 20 states and Washington, D.C. Hyundai is recalling the cars for various problems that require suspension, brake and oil fixes.聽
Terry Pegula, Donald Trump in the running to buy the Buffalo BillsTerry Pegula, owner of the NHL's Buffalo Sabres, and Donald Trump remain potential owners for the NFL's Buffalo Bills franchise. The Buffalo Bills are expected to fetch over $1 billion, and Trump is prepared to make an all-cash offer.聽
'Big Bang Theory' contract talks delay hit show's filming'Big Bang Theory' contract talks halted the start of production this week as CBS and the hit show's biggest stars work to negotiate new deals. CBS executives are optimistic that the 'Big Bang Theory' contract talks will be resolved soon.
Target names new CEO with PepsiCo. pastTarget is bringing in an outsider as its new CEO for the first time ever, Target announced Thursday. PepsiCo executive Brian Cornell will become Target's new CEO on Aug. 12.
Argentina defaults on debt. Why investors aren't panicking.Argentina defaulted for the second time in 12 years after last-ditch talks with creditors failed. 聽But the聽cost of insuring Argentina's聽debt against default fell sharply on Thursday as investors speculated a deal could be struck, even if only in the long term.
Bank of America faces $1.3 billion fine for Countrywide's risky mortgagesA federal judge imposed a $1.3 billion fine against Countrywide Financial, owned by Bank of America, for selling risky mortgages. This is the first time a bank has been found liable for mortgage fraud leading up to the financial crisis.
US gross domestic product grows at 4 percent rate in second quarterThe US economy had a strong spring, enjoying broad-based growth.
Flipkart raises $1 billion. Competitor Amazon ups its game in India.Flipkart, India's largest e-commerce retailer, raised $1 billion in its latest round of fundraising. Competitor Amazon,聽which opened its Indian website in June last year, has drawn up the battle lines by slashing prices, launching same-day delivery, adding new product categories and embarking on a high-voltage advertisement campaign.
Twitter earnings impress; TWTR stock soarsTwitter earnings took Wall Street by storm Tuesday. Twitter doubled its revenue in the second quarter, and TWTR's stock price jumped some 30 percent in after-hours trading on the Twitter earnings announcement.
Jesse Ventura wins $1.8 million in defamation case against SEAL sniperJesse Ventura filed a lawsuit against the estate of the late former Navy SEAL Chris Kyle, claiming that Kyle's published account of a bar fight with Ventura was false and cost him TV and public speaking revenue.
Uber offers service for putting business travel on companies' tabRidesharing app Uber is now offering a plan called Uber for Business, in which employees can use Uber and bill their companies for business travel. Employers can create an Uber account for their employees to use and be able to have access to an employee's travel information.
UPS invests in upgrades to prevent holiday crush, 2Q profit dropsDuring last year's holiday season, a big increase in online shopping and a crush of last-minute orders by shoppers who jumped on offers of free shipping caught聽UPS聽by surprise.聽
NBA, Clippers, Ballmer want to move on with team sale, Donald Sterling to keep fightingThe Clippers are a potential powerhouse team next season, with two All-Star players and one of the league's best coaches. The only thing that could've messed it up was ownership.
Zillow (Z) buys Trulia (TRLA), but investors be waryZillow (Z) and Trulia (TRLA), the real-estate websites,聽have crafted a clever deal to send their high-flying share prices to even greater heights.聽But at some point, Zillow and Trulia investors need to ask when the combined company will start generating real profits.
Judge rules for Shelly Sterling, OKs record-setting $2B sale of ClippersA judge ruled in favor of Shelly Sterling and against her ex-husband Donald Sterling, who has been attempting to block the $2 billion sale of their jointly owned聽Los Angeles Clippers.
Zillow to buy Trulia in $3.5 billion stock dealZillow, a real estate website operator, is buying competitor Trulia in a $3.5 billion all-stock deal. The deal will combine Zillow and Trulia, two of the most visited property sites in the US, and position them to have a bigger share of digital real estate ads.
Virgin America files for IPO. A good time to go public?Virgin America, Richard Branson's US airline, is headed to Wall Street during 聽a busy year for US IPOs. Virgin America聽was founded in 2004 and licenses the聽Virgin聽brand name from the聽Virgin聽Group, founded by businessman Sir Richard Branson.聽
Hyundai cars with possible airbag glitch face federal probeHyundai聽cars, specifically older-model Sonatas, are under investigation from US safety regulators. About 394,000 midsize Hyundai cars from the 2006 through 2008 model years are covered by the probe, announced Friday.聽
