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Retail sales jump in February. Higher taxes? No problem.Retail sales rose a solid 1.1 percent in February as Americans spent at the fastest pace in five months. Strong retail sales suggest the Americans are still spending despite higher social security taxes and gas prices.聽
Stocks rise; Dow logs longest winning streak in 2 yearsStocks closed up on Wall Street Tuesday with the Dow barely extending its winning streak to eight days.聽Stocks have surged this year as investors became encouraged by a recovery in the housing market and a pickup in hiring.
Twinkies could be back on shelves by summerTwinkies, cupcakes, and other Hostess cakes will make a comeback as company cancels auction and sells to buyers it had had picked provisionally. Buyers Metropoulos and Apollo Global Management said Twinkies and other snack cakes would be on store shelves by summer.
Coscto earnings beat expectationsCostco's net income rose 39 percent as the wholesaler pulled in more money from聽membership fees, improved sales, and a large tax benefit.聽
Stocks inch higher; Dow on seven-day streakStocks closed higher on Wall Street Monday with the Dow Jones industrial average rising for the seventh day running.聽The stock market's fast start has prompted some analysts to worry that the rally could quickly fizzle out.聽- NYC soda ban hits restaurants TuesdayNYC soda ban on large, sugary drinks goes into effect Tuesday, and restaurants are making the necessary adjustments. Some are ordering smaller glasses, while others are having customers sweeten their own coffee to comply with the NYC soda ban.
Public transport surges as economy adds jobsPublic transport commuting rose to its highest level since 2008, despite a drop in the late fall as a result of Superstorm Sandy.聽Rising fuel prices and a dislike of traffic contributed to the increase in public transport ridership.聽
Stocks rise on burst of hiringStocks rose on Wall Street Friday on news that US employers added 236,000 jobs last month.聽Stocks have also been boosted by continuing economic stimulus from the Federal Reserve.
Subaru recalls 47,000 self-starting cars and SUVsSubaru recall: Subaru will replace the keys for almost 50,000 Outbacks, Imprezas, Legacies, and Crosstreks that can start themselves if the key fob is dropped.
Stephen Slevin: $15.5 million awarded in solitary confinement caseStephen Slevin was awarded $15.5 million 鈥� reduced on appeal from the original $22 million verdict 鈥� after spending two years in solitary confinement without a trial.- Multimillion-dollar art trove found in old garagePaintings discovered in a New York one-car garage have been appraised at $30 million and are now on display in art galleries in New York and California.
Stocks rise on drop in unemploymentStocks closed up on Wall Street Thursday on the latest evidence that hiring is picking up. Optimism that the housing market is recovering is also pushing stocks higher.
Taco Bell delay of Cool Ranch Doritos Locos tacos irks fansTaco Bell has angered some fans who couldn't get their hands on the chain's new聽tacos聽made with Cool Ranch Doritos shells a day early. Taco Bell apologized, and the new Doritos Locos tacos will be available nationwide Thursday.聽
Why Time Warner is spinning off magazine unitSpinning off its magazine company into a separate entity will give Time Warner freedom to focus on TV and movies, explained the company's CEO in a statement released Wednesday. Shareholders have urged the move as increasing internet advertising challenged the magazine business in recent years.
Stocks rise on heels of Dow's record dayStocks closed up on Wall Street Wednesday with the Dow Jones industrial average inching higher.聽In the past, stocks have often drifted lower in the months after breaking through previous record highs.聽
ADP survey shows solid February job growthADP payroll survey says employers added 198,000 jobs in February. The ADP report suggests that the government's Friday jobs report may come in above economists' forecasts.聽
$56 million golden parachute awaits Heinz CEO, if fired$56 million golden parachute? That's what awaits Heinz CEO William Johnson if he is fired by the company's new owners. In addition to the $56 million golden parachute,聽Johnson is entitled to a payout of $99.7 million in vested stock and $57 million in deferred compensation benefits that he accrued over his 30-year career with聽Heinz.
Stocks rise, pushing Dow back near recordStocks closed up on Wall Street Monday as stock investors largely ignored early concerns about China. The Dow Jones industrial average neared its record closing level.聽
Casey Anthony bankruptcy: How much does she owe?Casey Anthony says she has only $1,000 in assets, and owes creditors almost $800,000. Casey Anthony meets with creditors on Monday.
US casino company says it probably bribed officialAfter SEC probe, Las Vegas Sands says an internal audit found 'likely violation' of laws against bribing foreign officials. The Las Vegas Sands has moved aggressively into Asia recently, opening a highly profitable casino in Macau.聽
