All Latest News Wires
- Chobani recall: Yogurt linked to 89 illness reports, FDA saysChobani yogurt contaminated by mold has led to 89 people calling the FDA to report getting sick. So far, no link has been confirmed between the illnesses and the Chobani yogurt, which was recalled last week.聽
- Alcoa, H-P, Bank of America kicked off DowAlcoa and two other stalwarts of the Dow Jones industrial average are being replaced by newcomers聽Goldman Sachs, Nike, and Visa. The dropping of Alcoa and the other changes represent the biggest shakeup of the Dow in nearly a decade.
- 'Rice Diet' center closes its doors: Diet center folds after 70 yearsThe Rice Diet was both popular and well named: You could eat only white rice or fruit. But 70 years after its opening, the residential Rice Diet facility has gone out of business.
- Stocks rise as Syria conflict looks less likelyStocks closed up on Wall Street Tuesday as the chances of the US attacking Syria seemed to lessen.聽The biggest gains were in financial and industrial stocks.
- Gargantuan Ferris Wheel: Where else but Vegas?Gargantuan Ferris Wheel: It's not just big, it's the world's biggest Ferris Wheel. Caesars Entertainment Corp. is building the gargantuan ride as part of a $550 million development across the street from Caesars Palace.
- Neiman Marcus sells for $6 billion to consortiumNeiman Marcus deal will mean fresh injection of capital, say Ares Management and Canadian Pension Plan Investment Board, who are paying $6 billion to acquire the chain. Neiman Marcus sells luxury items to a wealthy clientele that it showers with personal attention.
- Stocks rise on Molex deal, homebuilders outlookStocks posted their biggest gains in almost two months Monday, thanks to big mergers and a good homebuilder outlook.聽Homebuilding stocks were some of the biggest gainers in the Standard & Poor's 500 index.
- Monte Paschi to pay up or be nationalized, EU saysMonte Paschi, Italy's third largest bank, must come up with an extra $3.3 billion or face a government takeover, officials say.
- Koch Industries to buy Molex for $7.2 billionKoch Industries announced it is buying Molex Inc. for $7.2 billion -- a 31 percent premium to the company's common stock price. Molex joins Georgia-Pacific and other profitable businesses as a Koch Industries company.聽
- Deloitte fine: Firm fined 拢14 million for MG Rover adviceDeloitte fine of聽拢14 million for聽failing to manage conflicts of interest in its advice to collapsed British carmaker MG Rover group is a record fine from the FInancial Reporting Council. The FRC was given stronger sanctioning powers leading up to the Deloitte fine.聽
- IBM retirees: 110,000 to be moved off health planIBM retirees will receive money instead to buy their own health insurance. The company says the costs of keeping Medicare-eligible IBM retirees on its own health plan would triple by 2020. 聽聽
- Apple injunction: Will judge's ruling lower e-book prices?Apple injunction: A federal judge issued an injunction to Apple, ordering it to modify contracts with publishers to prevent electronic book price fixing. Apple plans to appeal.
- Stocks end flat despite jobs report, SyriaStocks ended close to where they began on Wall Street Friday, but their prices were volatile throughout the day. Stocks opened slightly higher but soon fell after Russian media reported that naval ships were en route to Syria, raising worries of a wider conflict.
- Timken split: Manufacturer spinning off its steel businessTimken split will spin the Ohio manufacturer's steel operations away from its bearings and power transmission business. The Timken split will form the two businesses into independent, publicly traded companies.聽
- Stocks up after good jobs reportStocks rose on Wall Street Thursday after reports suggested the US is maintaining a slow but steady economic recovery.聽Some retail stocks were among the biggest gainers.
- K-Cup soup: finally, chicken noodle from the coffee machineK-Cup soup is coming to your coffeemaker, thanks to Campbell and Green Mountain. The K-Cup soup servings include a pack of broth that is brewed over dried vegetables.
- Dollar counterfeiting: Peru is now world No. 1Dollar counterfeiting has picked up Peru because of meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement. Peru in the past two years has overtaken Colombia as the world capital for US dollar counterfeiting.
- Chobani recall for moldy yogurt now an official recallChobani recall includes Greek yogurt cups that were affected by mold.聽聽The Chobani recall comes about a week after the company first started asking retailers to pull the products from shelves, saying some cups were 'swelling and bloating.'
- Stocks up on strong US auto salesStocks closed higher on Wall Street Wednesday after聽General Motors and other carmakers posted strong sales in August. Other positive news helped move stocks higher.
- Chobani recall? No, but yogurt tasting 'really old' pulled.Chobani recall isn't really a recall, according to the yogurt company. But Chobani is聽pulling some of its Greek yogurt from supermarket shelves after hearing of 'swelling or bloating' in cups and strange tastes.聽