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Stocks pause rally on economic skepticismStocks paused on Wall Street Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy.聽Stocks have surged this year, boosted by an improving economy, Federal Reserve stimulus and record corporate earnings.
3 new Quarter Pounders: McDonald's revamps lineThree new聽Quarter聽Pounders聽will be rolled out nationally in mid-June. Two of the 3 new Quarter Pounders will come in the same varieties as the Angus burgers they're replacing.
Bloomberg L.P.: Letting reporters access client data was 'mistake'Bloomberg L.P. says it has cut off its journalists' special access to its clients' financial services information, describing such access as a 'mistake' in its newsgathering policies. The Federal Reserve is now investigating whether聽Bloomberg聽journalists tracked data about top Fed officials.聽
IRS apologizes. But has it told all about targeting tea party?IRS apologizes for targeting tea party groups when they applied for tax-exempt status. But a draft of an inspector general's report suggests officials knew about the targeting as early as 2011.
North Dakota death rate is highest in nation. Why?North Dakota death rate: There were 44 worker deaths in North Dakota in 2011, for a rate of 12.4 deaths per 100,000 workers. Half of North Dakota's worker deaths since 2010 have been in oil and gas occupations, according to the federal Occupational Safety and Health Administration.
Stocks climb for third straight weekStocks rose Friday to close three straight weeks of gains on Wall Street. A聽sharp increase in small-company stocks is also a sign that investors are more willing to take on risk.
Japanese yen plunges to four-year low. G7 unlikely to act.Japanese yen's plunge vs. the dollar makes its exports cheaper and its companies more competitive. G7 finance ministers will focus on the Japanese yen at talks in the UK this weekend. 聽
Wrigley pulls caffeinated gum 鈥� for nowWrigley pulls gum 'out of respect' for FDA, which is investigating candy, nuts, and other snack foods that have added caffeine in recent years. By pulling gum, called Alert, Wrigley gives FDA time to regulate the industry. 聽
McDonald's cuts Angus burgers as beef costs riseMcDonald's cuts Angus burgers from its menu, realizing that for McDonald's customers, a $5 burger can't compete with a $1 burger. Although McDonald's cuts Angus burgers now, chain says they may 'play a future role.'
Stocks recede from record levelsStocks fell from record levels Thursdays, with markets ending the day slightly lower. A decline in Americans applying for unemployment benefits failed to give stocks a boost.
Tesla review: near-perfect Consumer Reports ratingTesla review from Consumer Reports gives Model S a 99 out of 100. Tesla review is best Consumer Reports rating since 2007.
Oreck bankruptcy: Financial mess for vacuum makerOreck bankruptcy follows two layoffs in the last seven months. Tennessee vacuum maker expects to continue operations despite the Oreck bankruptcy.
Tesla profits beat estimates; demand predicted to growThe electric car manufacturer's increased first quarter profits were fueled in part by zero-emission vehicle credit sales to other car makers. They were also boosted by more efficient manufacturing. With the right financing, the company predicts its Model S electric car could now be accessible to 10 million American households.聽
Stocks rise as Dow holds above 15,000Stocks rose Wednesday, on a day without any major economic releases. The Dow Jones industrial average closed above 15,000 for a second day.聽Stocks have defied predictions that a sell-off would follow the spring surge as signs emerged that growth could be set for a slowdown.聽
Stocks soar. Dow has first close above 15,000.Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing above 15,000 for the first time. Higher quarterly profits for companies including satellite TV provider DirecTV and watchmaker Fossil pushed stocks upward. The Dow Jones is up 15 percent this year.
HSBC profits double after restructuringHSBC聽saw its net profits more than double in the first quarter, jumping to $6.35 billion from $2.58 billion in the same period of 2012. HSBC has made important progress in increasing revenue and reducing costs, cutting some 40,000 jobs out of a workforce of 300,000 since 2011.- Airbag recall hits 45,000 BMWsAirbag recall: The BMW 3 Series 鈥� 2002 and 2003 model years 鈥� is the target of the airbag recall. These cars are part of 3.4 million vehicles being recalled worldwide by six different automakers, including Toyota, Honda and General Motors.
Bangladesh disaster: Can US brands repair their reputations?Global clothing brands scramble to protect their reputations after the Bangladesh disaster: Some promise to make amends, while others lie about their connection to the factory whose collapse killed over 600 people.
Bank of America leads bank stocks rallyBank of America stocks soared Monday, leading a rally in big-bank stocks on an otherwise quiet day on Wall Street.聽Stock indexes ended little changed following a record-setting run last week.
Dolphins may cancel stadium renovations after Fla. refuses fundingDolphins football team may cancel stadium renovations after the Florida legislature ended its session without passing any funding plan that would give tax aid to the Dolphins and other Florida sports teams. The Dolphins wanted state and local taxes to help pay for $400 million worth of renovations to Sun Life Stadium.
