All Latest News Wires
Despite slowing growth, shareholders' faith in Warren Buffett holds strongAt Berkshire Hathaway Inc's annual meeting, investors acknowledged the company's fastest-growing days have probably passed. But shareholders say they are still confident with Warren Buffett and his hand-picked management team at the helm.
Tiffany v. Costco!? Dispute in New York court.Tiffany-Costco dispute is over trademark of 'Tiffany ring.' New York judge asks Tiffany, Costco to try to settle their multimillion-dollar dispute.聽- Frozen pizza: Plastic shards in CPK pizza trigger recallFrozen pizza: Plastic shards found in California Pizza Kitchen and DiGiorno frozen pizza. One consumer reported a chipped tooth on plastic after biting into a California Pizza Kitchen pizza.
Stocks soar to new heights on good jobs reportStocks jumped from the opening on Wall Street Friday, and traders put on party hats and a wave of buying helped the Standard and Poor's 500 index close above 1,600 for the first time. A surprisingly good jobs report sent stocks higher.
Airline: $100 carry-on charge, $2 soda price 'not about raising money'Airline $100 carry-on:聽Frontier Airlines' new聽carry-on聽fee won't start until summer, though a date hasn't been set.
Rat-meat ring busted, China beefs up food safety lawRat-meat sold as mutton and other tainted food scandals have prompted China's top court to call for harsher punishments for making and selling unsafe food. In the latest scandal Chinese police found rat meat sold as lamb after being processed with additives
Stocks gain after jobless claims fallStocks rose on Wall Street Thursday on聽encouraging news about jobless claims.聽Higher profits from CBS, Facebook, and other companies helped push stocks upward.- Mountain Dew ad pulled: Too misogynist and racist?Mountain Dew ad pulled: Pepsi Co. pulled a Mountain Dew ad after it was criticized as being racist and too insensitive to violence against women.聽 It shows a battered white woman being urged to identify a suspect out of a lineup of black men.
J.C. Penney apology: We erred. Come backJ.C. Penney apology comes in the form of an ad, conceding that its recent changes alienated its main clientele. After the J.C. Penney apology, will customers return?聽
Tsarnaev $100K benefits? Family's public assistance under investigation.Tsarnaev family's benefits, perhaps totaling over $100K, are being investigated by state lawmakers. The suspects in the Boston Marathon bombing received benefits as children when the Tsarnaev family was in America, and suspect Tamerlan Tsarnaev, his wife, and toddler received welfare until last year.聽
Stocks edge higher; IBM pulls up DowStocks聽overcame a morning slide to finish modestly higher, giving the Standard & Poor's 500 index another record close.聽Worries about slower economic growth have rattled stocks this month, but they have consistently bounced back.
Jason Collins: Will gay athletes bring in big sponsorship bucks?Jason Collins, the first openly gay athlete competing in a major professional American sports league, could be the first to benefit from major sponsors looking for a new way to target advertising dollars. Will other gay athletes follow Jason Collins?聽
Stocks rise with S&P 500 hitting new highStocks rose on Wall Street Monday,聽pushing the Standard & Poor's 500 index to another record high. A pair of strong economic reports helped to boost stocks.
J.C. Penney: $1.75B loan coming from Goldman SachsJ.C. Penney: $1.75B loan helps lift J.C. Penney share prices on Monday. Goldman Sachs is behind the $1.75B loan, and George Soros bought a major stake in the retailer last week.
LivingSocial cyber-attack could affect 50 million customersLivingSocial says its website was hacked, possibly compromising names, e-mail addresses, even passwords. But LivingSocial says credit-card information not affected by the cyber-attack.聽
Stocks stall on tepid GDP growthStocks聽stalled Friday after GDP didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors.聽Weaker hiring reports have also held stocks back.
Rare nickel 鈥� 40 years in closet 鈥� fetches $3.1 millionRare nickel is one of only five 1913 Liberty head nickels. Before selling for more than $3.1 million Thursday, the rare nickel was involved in a car accident, forgotten for four decades, and declared a fake.聽
Pot smokers can be fired, Colorado court rulesPot smokers can be fired even if it was used for medical purposes and off duty. While marijuana use is legal in Colorado, appeals court says pot smokers can still be fired because the drug is still barred by federal law.
Twinkies return by midsummer? Hostess factories reopening soon.Twinkies will return, announced the company that bought partnership that bought Hostess Brands' snack cake lines, including Twinkies.- J.C. Penney's surprise investor: George SorosJ.C.聽Penney's shares rose 6 percent Thursday, after billionaire financier George Soros revealed he owns almost 8 percent of the troubled retailer.
