All Latest News Wires
Stocks wobble on Cyprus bailout voteStocks were mixed Tuesday after lawmakers in Cyprus rejected the terms of a highly unpopular bailout plan that would have called for raiding the bank accounts of ordinary Cypriots.聽The euro zone's debt crisis has shown it still has the power to impact stocks worldwide.
Citigroup to pay $730 million to settle investor lawsuitCitigroup聽has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank.聽Citigroup denied the allegations but a agreed to pay the $730 million settlement so it could get rid of further expenses and uncertainties that come along with drawn out litigation.
Yoga pants recall hits Lululemon storesYoga pants recall involves the 聽Lululemon fitness brand's popular black yoga pants, which were found to be too revealing. The company blamed a 'major quality control problem' for the yoga pants recall.聽
Stocks fall on Cyprus bailout planStocks fell Monday as investors worried that a proposal to seize money from depositors in Cyprus could set off another bout of anxiety over the Euro.聽European stocks recovered most of an early slide and closed with modest losses.
Tiny Cyprus could have a big market impactHow Cyprus digs out of its fiscal hole 鈥� and how willing the European Union is to help 鈥� could set precedents for bailouts of other, larger nations. But traders don't expect its proposed tax on bank deposits to spread to other nations.
23 years after $500 million art heist, a breakthroughFBI says it knows who pulled off the 1990 art heist at Boston's Isabella Steward Gardner Museum. The stolen Rembrandt, Manet, and other art works were taken to Connecticut and Philadelphia after the heist. 聽
Girl Scouts hoax rallies town to buy pranked troops' cookiesGirl Scouts hoax left a Portland troop with 6,000 extra boxes of cookies, the result of an Internet prank order. But the community rallied to buy the cookeis and help the troop recover from the Girl Scouts hoax.聽
$7 billion swindle. Victims unite to get a little back.$7 billion swindle by R. Allen Stanford has some $300 million left to compensate its victims. This week they agreed to stop battling each other and work together, although they may get back only 1 percent of the $7 billion swindle.
Delaware: If property taxes unpaid, dun income tax refund?Delaware school districts and counties are losing millions of dollars from unpaid property taxes. Legislature is eyeing plan to dun the income tax refunds of those who owe property tax.
SAC to pay $614 million in insider trading settlementTwo affiliates of SAC Capital Advisors, charged with trading on confidential details about a drug trial, agree to settle insider trading case. Regulators call it the largest insider trading settlement ever.
Stocks fall, ending Dow's 10-day streakStocks fell Friday, ending the longest winning streak for the Dow Jones industrial average in nearly 17 years. Stock聽trading was tentative because investors fear that rising inflation will cause the Federal Reserve to retreat from policies aimed at boosting markets.聽
Bacon-shell tacos, or Bacos, on the menu at Mich. minor-league parkBacon-shell tacos:聽Those who come to see the West Michigan Whitecaps play will have the opportunity to chow down on a Baco, a taco聽with a specially made bacon shell.
300,000 new millionaires: How many new homeless?The booming stock market just created 300,000 new millionaires, but at the other end of the economy, food stamp participation just hit a 10 year high.
IRS unclaimed refunds: The IRS owes you $1 billion (some of you, anyway)Did you claim your refund? The IRS reports that $917 million in unclaimed refunds from 2009 will be theirs to keep as of April 15. If your paycheck withheld more than you owed, there's no penalty for filing your taxes late 鈥� but after three years, the feds get to keep your unclaimed refund.
Stocks up again; Dow on 10-day streakStocks closed higher on Wall Street Thursday,聽and the Dow Jones industrial average聽rose for the tenth day in a row.聽Reassurances from Federal Reserve officials that they plan to keep interests rates at historically low levels have also helped push stocks higher
Sinkhole buyouts await evacuated Louisiana homeownersSinkhole buyout for homes over a salt cavern will be offered to residents in Assumption Parish, La. The homes eligible for the sinkhole buyout are under evacuation because of a nine-acre聽sinkhole, Gov. Bobby Jindal said Wednesday.
'Price is Right' lawsuit over pregnancy overturned'Price is Right' lawsuit involving a model for the long-running game show was overturned by a California judge Wednesday. Brandi Cochran, who worked on the 'The Price is Right, was awarded damages last year after convincing a聽jury that the show's producers discriminated against her after she became pregnant.
Fisker steps away from 'green car' companyHenrik Fisker abruptly resigned from Fisker Automotive Inc. on Wednesday. The struggling business has not produced a vehicle since last summer. It is currently looking for funding and partnerships and it's unclear how Fisker's departure will affect the company's future.聽
Retail sales blossom in February, boosting confidenceDespite increasing costs of gasoline and taxes, consumer spending rose significantly last month. Wall Street appears optimistic, but the Federal Reserve is unlikely to remove monetary supports at this time.聽
Stocks up; Dow on longest streak since '96Stocks closed up on Wall Street Wednesday with the聽Dow Jones industrial average notched its ninth gain in a row, giving the index its longest winning streak in more than sixteen years.聽Demand for stocks has been propelled this year by optimism that the housing market is recovering and that companies have started to hire.
