All Latest News Wires
Hunter Biden joins Ukraine gas company boardHunter Biden, the younger son of Vice President Joe聽Biden, will head the Burisma's legal unit, and will also seek support for the company among international organizations.
Sears may sell Canadian operationsSears is considering selling its 51 percent stake in Sears Canada, or the entirety of its Canadian operations. Sears continues to try and turn around the overall business as it struggles with years of declining sales.聽
1805 letter: Rare Thomas Jefferson letter for sale at $35,0001805 letter:聽The Raab Collection is selling a one-page letter, handwritten during Jefferson's presidency, which belonged to an anonymous collector and has never before been seen by scholars or the public.
Fannie Mae, Freddie Mac will not reduce loan limits, regulator saysFannie Mae and Freddie Mac's overseer said there will not be a reduction in current limits on how many mortgages Fannie Mae and Freddie Mac can purchase. The policy for Fannie Mae and Freddie Mac could lead to more loans available for borrowers.
S&P 500 reaches 1900 for first time; Keurig soarsThe Standard & Poor's 500 index briefly crossed 1,900 for the first time Tuesday morning and continues to flirt with S&P 500's record. Keurig Green Mountain stocks also rose by 9.7 percent after Coca-Cola raised its stake in Keurig.
Sriracha plant leaving California? Texas woos Sriracha as neighbors complain.Sriracha plant under fire: Local lawmakers say more than 30 residents have signed sworn complaints that the Sriracha plant's chili-grinding operation hurts their eyes and lungs.
Dow, S&P 500 reach record highs after stock market's slumpStocks rose on Monday, pushing U.S. market indexes to all-time highs, as investors bought some of the unloved stocks that have been slumping in recent weeks. The Dow rose to 16,682, and the S&P 500 rose to聽1,894.
Ford recall involves 692,000 Escapes, C-Max hybridsFord recall triggered by two safety problems: side airbags don't always inflate in crashes and sometimes doors don't latch properly. The Ford recall includes 2013 and 2014 Escapes and C-Max hybrids.聽
Health insurance payments from Obamacare reach 80 percentHealth聽insurance聽companies told members of Congress Wednesday that more than 80 percent of people who've signed up under Obamacare have gone on to pay their health insurance premiums 鈥� a necessary step for the enrollment figures touted by the administration to hold up.
Colorado moves to approve pot bank planColorado approved a bill Wednesday, which will allow marijuana businesses to pool money in cooperatives, creating a financial system for an industry that previously operated mostly in cash.
Janet Yellen: Economy improving, but housing a concernJanet聽Yellen聽said Wednesday that the US economy is improving but noted that the job market remains 'far from satisfactory' and inflation is still below the Fed's target rate.聽Yellen聽said聽she expects low borrowing rates will continue to be needed for a 'considerable time.'
Alibaba: Chinese tech company plans 'granddaddy of all IPOs'Alibaba Group, China's leading e-commerce company, is planning a $1 billion IPO, the technology industry's biggest IPO since Twitter's $1.8 billion launch last fall.
Sunken treasure: 1,000 ounces of gold recovered from sunken shipAbout $50 million in gold was recovered during expeditions to the wreck in the late 1980s and early 1990s before legal disputes shut down excavation of the sunken treasure.
Rockwell painting displayed at Fenway is expected to draw $20-30 millionThe Rockwell painting, which hits the auction block on May 22, shows Red Sox legends greeting an awkward newcomer. Two of the models visited the Rockwell painting at Fenway on Monday.
Airlines: Bag fees earn less revenue, but other fees are climbingAirlines' bag fees reaped 4 percent less in 2013 than in the prior year. Because of change in mix of passengers on US airlines, bag fees have leveled off, an analyst says.
Ford cars: Will new aluminum-body F-150 save Ford's stock?Ford cars: As CEO Alan Mulally prepares to pass the torch to Mark Fields, Ford's lagging stock remains a problem. Ford has warned pretax profit will fall this years by roughly half a billion dollars, but a聽revolutionary new aluminum-body pickup could help the company bounce back.
Electric cars tax credit should rise to $10,000, says CongressmanElectric cars: New legislation would increase the tax credit for the purchase of electric vehicles from $7,500 up to $10,000 as a way to make it easier for people to buy electric cars.- Warren Buffett: Has he lost the Midas touch?Warren Buffett, the CEO of Berkshire Hathaway, faces tough questions at the shareholders' annual meeting Saturday. Under Warren Buffett, his firm has failed to beat the S&P 500 index in four of the past five years.
Minimum wage hike blocked by Senate GOP. Obama fires back.Minimum wage hike, the first since 2009, was blocked by Senate Republicans Wednesday. The minimum wage hike was one of President Obama's top legislative priorities.聽
Dow hits new record, despite slow Q1 economyDow record now stands at 16580. Solid earnings helped push Dow to its new record as the Fed continued the taper in the face of unexpectedly sluggish economic growth in the first quarter.
