All Latest News Wires
- Trip to space with Leonardo DiCaprio auctioned off for $1 millionThe $1 million price tag benefited AIDS research, but regular tickets for Virgin Galactic's commercial spaceliner sell for $250,000. DiCaprio, Ashton Kutcher, Angelina Jolie, and Justin Bieber already have reservations. The first commercial flight could happen this year.
- Pfizer abandons $118 billion attempt to buy AstraZeneca 鈥 for nowAfter Pfizer walked away from its Monday deadline, British rules require an enforced cooling-off period: AstraZeneca can invite Pfizer back in three months or Pfizer can attempt a hostile takeover in six months.
- Hachette, Amazon dispute worsens. E-books an issue.Hachette, Amazon are reportedly at odds over e-book pricing. Amazon has removed pre-order buttons for upcoming books by J.K. Rowling, Michael Connelly, and other Hachette authors.
- Hummus recall affects hummus dip, walnuts at Trader Joe's, TargetHummus recall:聽The hummus and walnut recalls come weeks after聽Wal-Mart聽settled lawsuits with the families of 23 people who died from a 2011 listeria outbreak linked to cantaloupe grown at a聽Colorado聽farm and sold by the retailer.
- HP to cut over 10,000 more jobs, raising total planned layoffs to 50,000HP cuts: Hewlett-Packard Co. says it aims to cut another 11,000 to 16,000 jobs by October. In May 2012, HP had nearly 350,000 employees. As of October 2013, it had 317,500.
- PetSmart treats: China-made treats won't be sold by 2015PetSmart treats: Now both PetCo. and PetSmart say they will stop selling dog and cat treas made in China. There have been more than 1,000 reports of dog deaths after eating Chinese-made chicken, duck or sweet potato jerky treats.
- Happy Meal mascot gets unhappy Twitter responseHappy Meal mascot will bring 'fun and excitement' to children's meals, according to the McDonald's restaurant chain, but social media users say it will have the opposite effect. The McDonald's Happy Meal mascot is set to be introduced nationwide Friday.聽
- Ground beef recall: 1.8 million pounds of beef products recalled for E. coliGround beef recall: Wolverine Packing Co. is recalling beef products produced between March 31 and April 18 and distributed to Massachusetts, Michigan, Missouri, and Ohio.
- Court rejects BP appeal: BP must pay for oil spill damages, says courtBP payout settlement stands: A federal appeals court on Monday refused to reconsider its previous ruling that businesses don't have to prove they were directly harmed by BP's 2010 Gulf of Mexico oil spill to collect settlement payments.
- Credit Suisse pleads guilty, pays $2.6 billion in US tax evasion caseCredit聽Suisse, Switzerland's second-largest bank, acknowledged helping US clients hide assets from the IRS and agreed to pay the largest penalty ever imposed in a criminal tax case.
- Burger King slogan: Why 'Have it Your Way' fades to blackBurger King slogan: The fast-food chain is retiring the 'Have it Your Way' motto. The new Burger King slogan: "Be Your Way" is intended to champion individuality, and have a more emotional appeal.
- DirecTV deal: AT&T aims for future of TVDirecTV deal primes AT&T for the age of Internet-delivered video, the company says, allowing it to bundle services and tap into Latin American markets. The DirecTV deal promises benefits for consumers too, putting phone, pay TV, and Internet service charges together on a single bill.
- Kraft recall: Some cottage cheese products are taken off shelvesKraft recall of some cottage cheese products was announced Sunday. The Kraft recall was due to improper storage procedures.
- AT&T confirms plans to buy DirecTV in $48.5B dealAT&T Inc. confirmed rumors Sunday that the telecommunications giant plans to buy satellite television provider DirecTV.
- Britain's Rich List: The rich got much richer this yearThe Sunday Times Rich List for 2014 shows that the 1,000 richest men and women in Britain have surged to new heights. Those on the rich list, including actor Emma Watson and Queen Elizabeth, are on average 15.4 percent wealthier.
- Red Lobster: Why is owner selling the chain?Red Lobster: The restaurant chain was sold for $2.1 billion Friday. Part of Red Lobster's challenge is competition from Chipotle and Panera.
- Roommates buy used couch, find $41K in cash 鈥 and return the moneyThree friends bought a lumpy couch聽and chair for $55. A month later, they uncovered $40,800 in cash-filled envelopes, along with a deposit slip that led them to a 91-year-old widow.
- General Motors recalls nearly 3 million carsGeneral Motors recalls 2.7 million cars Thursday, including聽Chevrolet Malibu, Pontiac G6 and Saturn Aura midsize cars. General Motors has now recalled 11 million vehicles this year and may break its 2004 US record of 11.8 million recalls.
- US jobless claims hit seven-year low, consumer prices go upJobless claims declined to 297,000, according to the Labor Department. Consumer prices see their biggest increase in 10 months.
- Hyundai: Damages of $240 million owed for fatal defectHyundai damages: A jury ordered Hyundai to pay $240 million in punitive damages on top of $8.6 million in actual damages to the families of two teenage cousins killed in a crash caused by a defective steering knuckle in a 2005 Hyundai Tiburon.