All Latest News Wires
- Paula Deen: Who's investing $75 million in her comeback?Paula Deen is getting a $75 to $100 million cash infusion to launch her return to the marketplace. The new company, Paula Deen Ventures, will be financed by the private-equity firm Najafi Companies.
Comcast set to buy Time WarnerThe country's two largest cable companies will become one, an anonymous source familiar with the subject said Wednesday. An announcement is expected Thursday.- Graco recall: 3.8 million car seats have faulty bucklesGraco recall聽聽involves 3.8 million car safety seats that could trap children with buckles that may not unlatch. The Graco recall includes seats manufactured over the past five years, and some regulators say the recall should be even larger.听
Stocks surge on reassurance from YellenStocks jumped Tuesday聽after Federal Reserve Chair Janet Yellen said she would continue the central bank's market-friendly, low-interest rate policies.听It's a positive shift for the stock market, which had its worst January since 2010 as concerns about growth in China and the US sent investors shifting from stocks to bonds.
Bitcoin crash? Prices fall after withdrawals are frozen.Bitcoin crash: The Bitcoin price started falling on Friday when a Bitcoin digital marketplace said it was temporarily halting withdrawals after 'unusual activity' raised concerns about transaction security. Could a Bitcoin crash be next?
Meat recall by California firm hits four statesMeat recall involves a massive 8.7 million pounds of beef products, a year's worth of production at Rancho Feeding Corp. Meat recall affects California, Florida, Illinois, and Texas. No reports of illnesses.- Citrus quarantine widens: Can it save California orange growers?Citrus quarantine: California now has 746 square miles under a citrus quarantine to try to protect growers from the Asian citrus psyllid. The pest spreads "citrus greening" which has devastated Florida orange growers.
Stradivarius arrests: $5 million violin recoveredStradivarius arrests: Milwaukee police say they have recovered a rare violin stolen from a concertmaster last month. Three arrests have been made in connection to the Stradivarius theft.听
Puerto Rico downgraded: Bonds reduced to 'junk' levelsPuerto Rico credit rating was dpwngraded to 'junk' status, prompting Governor Padilla to order budget cuts for government agencies. News of Puerto Rico's credit being downgraded caused its yields on the S&P 500 to rise Wednesday.
Salt shortage hits winter-stricken OhioSalt shortage in Ohio has been brought on by a snowy winter, but the state may get some help soon in alleviating its salt shortage .- CVS tobacco ban: Why it's sacrificing $2 billion in salesCVS tobacco ban: CVS, the second-largest drugstore chain in the US, says it will stop selling cigarettes, cigars and chewing tobacco by Oct. 1. Why is CVS willing to give up on $2 billion in annual tobacco revenue?
Morgan Stanley lawsuit settled for $1.25 billionMorgan Stanley lawsuit聽over mortgage securities with the Federal Housing Finance Agency was settled for $1.25 billion, the company said Tuesday. The Morgan Stanley lawsuit was part of a larger one in which聽the government sued 18 financial firms for selling mortgage securities that turned toxic when the housing market collapsed.- Super Bowl refund: Alabama jeweler refunds $70K after Super BowlThe shocking Super Bowl safety scored about $70,000 in refunds for Alabama聽jewelry customers. A shop owner promised a cash refund on jewelry purchases if either team scored a safety.听
California egg law under attack by egg-exporting MissouriCalifornia egg law challenged: Many of Missouri's hens are raised in tight cages that won't meet California's new standards, says Missouri's attorney general, who claims egg farmers would have to spend $120 million to remodel their cages or forgo egg sales to California.
Satya Nadella named Microsoft CEO. Five things on his agenda.Satya Nadella was named Microsoft's CEO Tuesday, only the third top executive in the company's history. Here are some things on Nadella's聽to-do list as he reshapes Microsoft into a 'mobile-first, cloud-first' company
Target data breach went on longer than previously thoughtTarget Corp. said Tuesday that an additional聽25 cash registers infected by malicious software on were discovered on Dec. 18, when Target had said earlier that it had removed all the malware from its system three days earlier.
Dow Jones falls more than 320 points as stocks slideStocks tumbled Monday, pushing the Dow Jones industrial average down more than 320 points. Reports of sluggish US growth and investor worries about the global economy pulled stocks down.听- Best Super Bowl ads: Why so 'family friendly' this year?Best Super Bowl ads this year were emotional, patriotic, philanthropic, funny and emphasized diversity. But mostly gone from the 2014 Super Bowl ads 鈥� the worst as well as the best 鈥� was sexual innuendo.听
Pizza franchise stiffed its Domino's workersPizza shop in New York settles $1.3 million lawsuit that it didn't pay its delivery workers overtime. Settlement covers 61 pizza delivery workers.
IRS: Tax season open, let e-filing beginIRS kicked off tax-filing season Friday, with reminder about the earned-income tax credit. Fastest way to get IRS refund is to e-file with direct deposit instructions.听
