All Latest News Wires
Phil Mickelson: Quitting golf over higher taxes?Phil聽Mickelson聽has hinted at a move away from California, perhaps the United States, and maybe even away from golf as he seeks to escape punitive taxes. Phil Mickelson says that because of recent changes, he would pay a 62 percent rate on his taxes.
Stocks clock third straight week of gainsStocks closed higher on Wall Street Friday, finishing out a third straight week of gains.聽GE led the 30 stocks in the Dow Jones industrial average after the conglomerate reported stronger quarterly earnings.
Dunkin鈥� Donuts move to California plannedThe chain, owned by聽Dunkin' Brands Group Inc., said Wednesday that it looking to open locations in Los Angeles, Riverside, San Diego, San Bernardino, Ventura and Orange counties by working with franchisees that run multiple locations.
Toyota settles bellwether wrongful death suit, hundreds more pendingToyota聽reached the agreement in the case brought by the families of two killed when their Camry suddenly accelerated into a wall near Wendover, Utah in 2010.
Detroit auto show: Trucks and luxury features rule the weekThe Detroit Auto Show gave auto makers pleny of reasons to be excited. Car companies are unveiling more new cars and concepts at the 2013 Detroit auto show, a sign that auto makers聽have more profits at their disposal and expect higher sales.
Stocks surge on housing starts, jobless claimsStocks rose on Wall Street Thursday on strong reports on housing starts and unemployment claims. Homebuilder stocks rose broadly following the housing starts report.
Boeing 787s grounded for nowConcerns over two incidents involving battery failures in Boeing 787s have led U.S. regulators to ground the planes. Administrators say they aim to get the Boeing 787 Dreamliners聽 back in the air as soon as they deem it safe to do so.聽
Stocks mixed; Boeing drags Dow downStocks ended mixed on Wall Street Wednesday as Boeing stock tumbled on more problems for the company's 787 Dreamliner. Boeing stock dropped by 3 percent.
Housing rebound? Homebuilder confidence reaches seven-year high.US homebuilder confidence reached its highest level in nearly seven years in January, suggesting that prospects for housing market remain upbeat. But the National Association of Homebuilders聽said prolonged negotiations over fiscal policy had caused some uncertainty.聽
Dreamliner makes emergency landing in Tokyo. Boeing 787 flights grounded.Boeing 787 aircrafts used by Japan's two biggest airlines were grounded for safety checks Wednesday after battery problems forced one jet to make an emergency landing in Tokyo. The Boeing 787 grounding was just the latest in a slew of problems for the new 'Dreamliner' jet.聽
Stocks climb as retail bump trumps debt worryStocks closed up on Wall Street Wednesday as retail stocks moved higher throughout the day,聽boosted by an increase in retail sales in December.
Coca Cola obesity ad: Do soft drinks make you overweight?Coca Cola obesity ad: The soft-drink maker will enter the obesity debate with two-minute ads discussing Coca Cola and calories. New research suggests that sugary drinks contribute to the obesity problem in America.
Facebook 'mystery' event: A search engine in the works?Facebook is holding a mystery press event at its Menlo Park, Calif. headquarters Tuesday. Some聽speculate聽that Facebook will unveil more robust search engine technology that will compete with Google.聽
Stocks little changed as Apple slipsStocks barely moved Monday as Apple dragged the S&P 500 further below the 5-year high it reached last week.聽Dell stock surged 13 percent following a report that it's in talks with buyout firms.
Swatch to buy jeweler Harry Winston in $750M dealSwatch, the Swiss watchmaker, will buy jeweler Harry Winston for $750 million in cash in an effort to expand Swatch's luxury offerings. Made famous by Marilyn Monroe, Harry Winston聽lends out hundreds of millions of dollars' worth of jewels to be worn by movie stars at events like the Oscars.
TNT Express takeover abandoned by UPS. $6.9B deal nixed.TNT Express, the struggling Dutch package delivery company was set to be taken over by UPS in a $6.9 billion deal. But the shipping giant has abandoned the deal, sending shared of TNT Express plummeting.聽
Stocks rise; S&P 500 just below 5-year highStocks rose on聽Wall聽Street Friday, but the Standard & Poor's 500 index fell just shy its five-year high.聽Boeing stock fell after the FAA announced a comprehensive review of Boeing's 787 after a fire and a fuel leak earlier this week.
American Express to slash 5,400 jobsAmerican聽Express聽Co. said Thursday that it will cut about 5,400 jobs, mainly in its travel business.聽The job cuts will be partly offset by jobs that American Express expects to add this year.
Why the FAA wants a closer look at the Boeing 787 DreamlinerThe Boeing 787 faces a comprehensive review of key systems by the FAA. The 787 Dreamliner is Boeing's newest, most advanced commercial jet, but has been beset by malfunctions in recent days.
Zombie foreclosures terrorize ex-homeownersZombie foreclosures, the product of incomplete bank foreclosures, continue to stalk the often bankrupt former homeowners, who fight to pry their names off these undead properties.
