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Stocks fall after Federal Reserve says US needs supportStocks retreated from highs on Wall Street Wednesday after the Federal Reserve said it will continue its economic stimulus program.聽Stocks of home construction companies fell after the Federal Reserve singled out the housing sector as slowing in recent months.
Sugary drinks tax proposed in San FranciscoSugary drinks tax in San Francisco may be put to a vote in November 2014. The sugary drinks tax would impose a 2-cents-per-ounce tax on soda and other drinks with added sugar.聽
Sriracha: Irwindale hot sauce factory odor draws complaintsSriracha factory in Irwindale, Calif. is facing a lawsuit from the city for its strong hot sauce odor. Irwindale is looking to shut down the Sriracha factory, owned by Huy Fong Foods. 聽
Stocks rise globally on hopes of dovish FedStocks聽in Asia and Europe charged ahead Wednesday聽on expectations the Federal Reserve will keep its economic stimulus fully in place until next year. Dow Jones Industrial average stocks hit an all-time high in the US on Tuesday.聽
Stocks rise as Federal Reserve meetsStocks were up Tuesday on Wall Street as the Dow Jones industrial average hit an all-time high. Expectations that the Federal Reserve will keep its economic stimulus program helped drive stocks up.
AAPL: Apple earnings fall despite strong iPhone salesApple (AAPL) quarterly earnings are still sagging even as sales of its iPhones are rising.聽The fiscal fourth-quarter results announced Monday closed the books on a sobering year that saw Apple's market value plunge by聽about $160 billion.
McDonald's ketchup: Chain drops Heinz after 40 yearsMcDonald's ketchup has been transitioning away from Heinz, and Heinz will be discontinued as the McDonald's ketchup even in the final holdout cities of Pittsburgh and Minneapolis.
Stocks mixed as S&P 500 hits new recordStocks ended mixed on Wall Street Monday as the Standard & Poor's 500 index eked out another record close. Strong retail sales from J.C. Penney helped boost stocks.
Where in the world is the next housing bubble?Property prices in most developed countries have rebounded since 2008, but there are fears of a new bubble in locations including Israel, Canada, Norway, and Belgium.聽- Yuengling brewery fire causes $1M in damageYuengling brewery fire in Tampa, Fla. caused an estimated $1 million in damage and took about an hour to control, according to authorities. The Yuengling brewery fire started Saturday evening.聽
Boeing 747 future in doubt as production and demand fallBoeing 747:聽Just 18 will be produced in each of the next two years. Some brand-new 747s go into storage as soon as they leave the plant. Counting cancellations, it hadn't sold a single聽747聽this year until Korean Air bought five on Thursday.- Qatar emir's daughter named the most influential person in the art worldQatar emir's daughter tops ArtReview magazine's annual Power 100 list after her unprecedented spending spree on behalf of Qatar's museums.
Boeing 747: What's next for Boeing's 'Queen of the Skies'?Boeing 747s in decline? Boeing hadn't sold a single聽747聽this year until Korean Air bought five on Thursday. The 747聽can seat hundreds of passengers but requires 63,000 gallons of jet fuel, making for a costly gamble for airlines.
Stocks rise on strong corporate earningsStocks closed higher on Wall Street Thursday after聽Ford, Southwest Airlines and other companies reported strong corporate earnings. It's been a return to business as usual for stocks, after weeks of worrying about Washington.
Marina Oswald to sell wedding ring for $100,000Marina Oswald, wife of Lee Harvey Oswald, plans to auction off her husband's wedding ring. Marina Oswald's ring is one of nearly 300 John F. Kennedy memorabilia items for sale.
China: Does rise in manufacturing indicate rebound?Increases in production and orders for China's factories imply that momentum is building for the country's economy overall, leaders reported Thursday.
Bank of America liable for mortgage fraudThe U.S. Justice Department plans to seek nearly $850 million in penalties from the Bank of America for poorly conceived home loans originated by Countrywide and then sold to Fannie Mae and Freddie Mac.
Stocks fall on weak Caterpillar earningsStocks broke a four-day streak of record closes Wednesday as weak Caterpillar earnings and falling oil prices hurt energy stocks.聽Caterpillar, which makes mining and construction equipment, is considered an important barometer of the global economy.- Jerky treats recall: FDA seeks help in mystery deaths of 580 dogs and catsJerky treats recall: A recall in January has reduced reports of pet deaths, but the FDA is still trying to find out why 3,600 dogs and 10 cats have become ill from eating jerky treats.
Stocks rise on hopes for new Federal Reserve stimulusStocks closed higher on Wall Street Tuesday on the prospect of more economic stimulus from the Federal Reserve. Strong earnings from major US companies also pushed stocks up.
