All Latest News Wires
- Starbucks-Kraft dispute: Why coffee company owes Kraft $2.76 billionStarbucks vs. Kraft: An arbitrator ruled that Starbucks shouldn't have broken a contract with Kraft to distribute and market coffee in grocery stores. Starbucks must pay Kraft $2.23 billion in damages and $527 million in attorney fees.
Orange diamond sells for $35 million. Next up: a $60 million pink diamondOrange diamond: The rare pear-shaped聽orange聽diamond聽auctioned Tuesday weighed 14.82 carats and sold for an eye-popping $2.4 million per carat. The pink diamond on the auction block is expected to go for $60 million.
Educational toys, clothes, tech toys for sale 鈥� on Thanksgiving DayEducational toys, clothing, and more will be on sale during the rapidly growing day-before-Black-Friday sales extravaganza formerly known as Thanksgiving Day.听
USPS-Amazon deliveries... on Sunday!?USPS-Amazon delivery partnership begins with New York, Los Angeles. But USPS and Amazon plan to roll out the Sunday delivery service next year to other cities, including Dallas, Houston, New Orleans, and Phoenix.
Trader Joe's supplier recalls salads, sandwichesTrader Joe's salads and sandwich wraps from聽Glass Onion Catering linked to E. coli illnesses in three states, triggering recall. Recall involves nearly 182,000 of food sold this fall at Trade Joe's, Super Fresh Goodsk, and Delish.
Trans fats ban: How a mayor created a movementTrans fats will be phased out of US food, the FDA says. The pressure for a ban on trans fats came from New York's health-conscious mayor.- Microwave popcorn: Can it survive a trans fat ban?Microwave popcorn companies may have to scramble to replace trans fat. It took microwave popcorn company Orville Redenbacher four years to develop a good substitute.
- Home Depot apology prompted by racist tweetHome Depot apology: In addition to the apology for the racist tweet, Home Depot fired the employee and outside agency responsible.
- Walmart glitch: $33 treadmills, $9 LCD monitorsWalmart glitch: A "technical error" caused certain products to be priced absurdly low or high on Walmart.com Wednesday morning. Walmart says the glitch has been fixed.
- Blockbuster closing all 300 remaining storesBlockbuster closing: The Dish Network will lay off 2,800 Blockbuster employees and close the remaining stores by January. Dish bought Blockbuster in 2011 for $320 million.
Twitter IPO: Is it overvalued?Twitter is predicted to raise close to $2 billion when it goes public Thursday. If the company sells all 70 million shares, it will be the second largest internet offering in the U.S. Some analysts question the company's ability to sustain growth.听
Stocks: Dow hits record while Nasdaq slipsStocks were mixed Wednesday as investors pushed the Dow Jones industrial average to another record but the Nasdaq composite edged lower. Tesla Motors' stock sank聽$25.65, or 14.5 percent, to $151.16 after it reported a loss.
Why 18-34 year olds won't invest in Twitter IPOTwitter IPO? No thanks, say 52 percent of people ages 18 to 34, according to an Associated Press-CNBC poll. Twitter Inc. will begin trading on the New York Stock Exchange on Thursday.
Lululemon complaints: New yoga pants problemsLululemon complaints range from pilling to still-too-sheer. After pulling yoga pants from stores months ago because they were too sheer, the company faces a leadership transition in addition to a new round of Lululemon complaints.
Hot dog injury lawsuit: Can a mascot be sued?Hot dog injury lawsuit awaits Missouri Supreme Court decision. Teams are legally shielded from liability for on-field actions, but the Royals hot-dog tossing mascot may not be.
Stocks get good start to NovemberStocks rose on the first day of November as investors responded to an expansion in US manufacturing. Energy stocks lagged on weak economic news from Chevron and a drop in the price of oil.
Food stamps: Cuts kick in while Congress debates changesFood stamps: More than 47 million Americans who receive food stamps will see their benefits decrease Nov. 1. A family of four on food stamps will now receive $36 less each month.
Contaminated spices? FDA claims imported spices have double salmonella risk.Contaminated spices:聽In a report the FDA says testing of imported聽spices聽showed that聽spices聽were twice as likely as other inspected foods to be聽contaminated聽with the pathogen. More than 80 different types of salmonella were detected.
McDonald's bagged coffee? Yes, on sale soon in US storesMcDonald's bagged coffee: McDonald's started selling McCafe bagged coffee in stores in Canada last year at $7 for 12 ounces.
Does bankruptcy for OGX indicate continued slide for Brazilian economy?Despite the recent bankruptcy declaration by OXG, the oil company managed by Eike聽Batista,聽analysts say Brazil is gaining through improvements in the areas of infrastructure, taxes, and education.听
