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GoDaddy files for $100 million IPOGoDaddy Inc., the web-hosting company, filed with US regulators to raise up to $100 million in an IPO.听GoDaddy聽joins a number of high-profile tech businesses that have either gone public or filed to go public this year.
Donald Sterling chooses $1B lawsuit over $2B sale of ClippersDonald Sterling: 'The team is not for sale.' Sterling will not sell the Clippers to former Microsoft CEO Steve Ballmer and will instead sue the NBA for $1 billion, he says.- Cedar Point closed: When will park reopen?Cedar Point closed this weekend due to a water main break. But the Cedar Point website says the Ohio amusement park will reopen Monday at 10 a.m.
- Hershey sues marijuana candy-bar manufacturerHershey sues marijuana candy maker in Colorado for trademark infringement. Hershey says Ganja Joy, Hasheath, Hashees and Dabby Patty mimic Hershey's Almond Joy, Heath, Reese's peanut butter cups and York peppermint patty candies, respectively.
Rite Aid stock tanks after it lowers earnings expectationsRite Aid stock lost 7.4 percent Thursday after the company said it experienced higher-than-expected drugs costs. Rite Aid expects to earn 30 to 40 cents per share of stock in fiscal 2015 instead of 31 to 42 cents.
Burt's Bees namesake says he was forced outBurt's Bees co-founder, Burt Shavitz, says he was forced out of the company, but has no regrets. The reclusive beekeeper ended up with 37 acres in Maine and an undisclosed sum of money.
Why 'Made in the USA' is hard for Walmart to achieveWalmart has pledged to buy an additional $250 billion in US-made products. But finding quality, low-cost US made goods is proving a challenge. How Walmart is acting as a catalyst for 'Made in the USA' manufacturing.
Chobani layoffs in Idaho will hit temporary staff hardestChobani layoffs have been announced for the yogurt plant in south-central Idaho, but Chobani spokesperson Peter McGuinness says Chobani's finances are strong.
Gettysburg skull: Auction canceled after 'unprecedented outcry'Gettysburg skull: If the skull's Civil War provenance is authenticated, it will be buried in the Soldiers' National Cemetery, said officials from聽Gettysburg National Military Park.
Tax dodgers, beware: 77,000 foreign banks agree to share tax info with IRSCrackdown on tax evasion: thousands of foreign banks, investment funds, and other financial institutions will share information about US account holders with the IRS.- FBI probe: Was Phil Mickelson involved in insider trading?The FBI and SEC are investigating possible insider trading by billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters. Walters and Mickelson play golf together. Mickelson denies any wrong doing.
Is former Microsoft CEO Steve Ballmer the new owner of the Clippers?The Los Angeles Clippers will be sold to former Microsoft CEO Steve Ballmer for $2 billion 鈥� a record price聽鈥� according to an unnamed AP source.
Ford recalls 1.4 million SUVs and cars: Is yours on the list?Ford recalls: Ford Motors issued four separate recalls on Thursday, calling back over a million SUVs with power steering problems, almost 200,000 Ford Taurus sedans, and over 80,000 other cars.
Hillshire Brands in center of meat bidding war as Tyson makes $6.2 billion offerHillshire Brands takeover offers聽by the two major meat processors are being driven by the desirability of brand-name processed products like Jimmy Dean breakfast sandwiches.听- Google workforce: Too white, too male, for its own likingWhat is Google doing to diversify its workforce? A new report shows that only 2 percent of its Googlers are black, 3 percent are Hispanic, and 30 percent are women.
Chicago $15 wage? Lawmakers propose hike.Chicago $15 wage was proposed by a group of alderman Wednesday, an effort that would boost the minimum wage in the nation's third-largest city. The Chicago $15 wage would聽match the聽minimum聽pay that fast-food workers have sought during national protests.
Apple Beats deal capitalizes on a changing music industryApple's $3 billion deal to buy Beats Music comes at a time of difficult change for the music industry, according to Beats co-founder Jimmy Iovine. In addition to Beats headphones, the company's streaming subscription service was a major factor in the purchase.听
$650 million settlement over marketing of blood thinner drug$650 million settlement: German drugmaker Boehringer Ingelheim agreed to a $650 million settlement in a lawsuit involving 4,000 claims questioning the marketing and safety of Pradaxa.
Michigan minimum wage counter-offer: $10.10 is too high, but how's $9.25?Michigan Republicans raised minimum wage to $9.25 over the next four years, to head off a November ballot measure to raise it to $10.10 per hour.
Doris Buffett works one-on-one to help with billionaire brother's charityDoris Buffett and her billionaire brother Warren聽worked out the unusual arrangement because neither wanted to disregard charitable requests.
