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Stocks fall as McDonald's drags Dow lowerStocks fell Wednesday as the Dow was hit by a drop in McDonald's stock price.聽Other fast-food stocks also fell on Wall Street.
Taco Bell: Cool Ranch Doritos-flavored taco coming March 7Taco Bell has announced that its Doritos Locos聽Tacos聽in Cool Ranch flavor will be launched March 7. Taco Bell hopes the Cool Ranch sequel will be as successful as the original Doritos Locos Taco, with over 350 million sold in the past year.聽- 7 years in prison over $2? Only in New York.A man was sentenced to 7 years in prison for jumping a turnstile and skipping out on the $2.25 fare 鈥� well, that and carrying a loaded weapon.
Stocks up as Dow closes at year highStocks gained on impressive results from two big consumer brands Tuesday, and the Dow closed at its highest level of the year.聽Beauty products maker Avon saw a 20 percent gain in its stock price.聽
Barclays to cut 3700 jobs following interest rate scandalBarclays will cut at least 3,700 jobs in a major restructuring, the bank said Tuesday. The layoffs follow a scandal-ridden year for Barclays, which was聽was forced to pay a $453 million fine for manipulating a key market interest rate that serves as the basis for trillions in mortgage loans.- Lean Cuisine recall: Glass shards found in ravioliLean Cuisine recall: Lean Cuisine has recalled certain packages of its mushroom ravioli after glass shards were found in some Lean Cuisine packages.
Michael Vick deal: He'll give up $1M to stay in PhillyMichael Vick's deal with the Eagles cuts his package by $1 million dollars, but the deal gives him a chance to reclaim his position as starting quarterback. Prior to the deal, many had speculated that the Philadelphia Eagles would drop Michael Vick from their roster.
Stocks drift lower to start weekStocks dropped on Wall Street Monday, and trading volume was light.聽With major stock indexes near record highs, many think that the stock market's six-week rally is ready for a pause.
Mountain Dew breakfast 'juice' drink comes with jolt of caffeineMountain Dew breakfast drink: Kickstart has a Dew flavor but is made with 5 percent juice, vitamins, and 20 milligrams more caffeine that Mountain Dew soda. But PepsiCo says the Mountain Dew breakfast drink will have less caffeine than Monster and Red Bull.
787 completes first test flight since groundingBoeing 787 Dreamliner makes 'uneventful' two-hour test flight to gather data on its lithium-ion batteries. A series of battery-related problems have grounded the 787 Dreamliners as officials investigate.聽
S&P hits five-year highThe S&P 500 index advances for sixth week in a row. Dow just shy of 14000 on mostly positive earnings reports and sharply narrow US trade deficit.
Horse meat in lasagna, burgers, meatballsAfter horse meat was found in 11 of 18 tested lasagna products, the UK's Food Standards Agency ordered further testing of "all beef products, such as beef burgers, meatballs and lasagna."
Rare 1865 baseball card fetches $92K at Maine auctionAn 1865 baseball card discovered at a yard sale in rural Maine sold for $92,000 at a Wednesday auction. The seller found the rare baseball card in a photo album, for which he paid $100.聽
Will Saturday cuts save the Postal Service?Postmaster General聽Patrick R. Donahoe announced plans to reduce Saturday deliveries beginning in August. The Postal Service says the changes will save $2 billion annually. Though The Postal Service lost $15.9 billion last fiscal year, some in Congress and elsewhere oppose the Saturday cutbacks.聽
Stocks little changed as earnings fail to inspireStocks were little changed on Wall Street Wednesday as recent earnings reports did little to inspire investors.聽Stocks are consolidating their gains after surging since the start of the year.
USPS cuts Saturdays. Mail delivery ends Aug. 1USPS cuts Saturdays and will end weekend mail delivery Aug. 1 in order to trim costs. The USPS will continue package delivery on Saturdays.聽
Las Vegas casino evacuated: Will patrons be compensated?About 1,000 rooms in Las Vegas's Excalibur casino were evacuated in the wee hours of Tuesday morning. Casino officials have said disturbed guests will be comped 'on a case by case basis.'
Credit card con artists steal over $200 million: 18 arrested18 credit card con artists used at least 7,000 fake identities to obtain more than 25,000 credit cards, scamming at least $200 million, say authorities.
Stocks up following jump in home pricesStocks rebounded on Wall Street Tuesday after聽a rise in US home prices and signs of economic recovery in Europe.聽Strong earnings reports also benefited stocks.
Dell goes private in $24.4 billion buyout.Dell is going private, bowing out of the stock market in a $24.4 billion deal. The buyout taking Dell private is the largest deal of its kind since the Great Depression.聽
