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FTC clears Google on antitrustBut in antitrust settlement with FTC, Google agrees to license some mobile-phone patents to Apple, RIM, and other rivals. Google also will stop quoting from other websites in its search results when websites object.
Why Al Jazeera bought Al Gore's Current TVAl Jazeera's purchase of Current TV, the news network cofounded by former Vice President Al Gore, boosts Al-Jazeera's reach in the US nearly ninefold to about 40 million homes. Jazeera plans to add more US bureaus and transform Current TV to 'Al-Jazeera America.'
Starbucks $1 reusable cups: Curb trash, get a discountStarbucks $1 reusable cups: Starbucks will introduce $1 reusable plastic cups at its cafes starting Thursday. Starbucks already gives customers a 10-cent discount for using reusable cups for refills, but it hopes the $1 plastic cups will increase the habit and reduce trash.聽
Stock markets leap after 'fiscal cliff' compromise, but problems lurkThe House of Representatives passed the budget bill late Tuesday night, a contentious exercise because many Republicans had wanted a deal that did more to cut government spending.
$1 million Apple heist: Thieves hit Paris store on New Year's Eve$1 million Apple heist at the flagship store in Paris was a 'well prepared' operation, police said. Four armed thieves used the commotion around New Year's Eve festivities in downtown Paris to carry out the $1 million Apple heist.
Despite looming 'fiscal cliff,' world markets calmAlthough 'fiscal cliff' talks go down to the wire, many investors confident a deal will be reached. World markets in Asia, Europe mixed. US stock futures point to a higher open.聽
Netflix CEO pay: Hastings' gets 100 percent raiseNetflix CEO pay will double after he took a 43 percent pay cut this past year for management missteps. Netflix CEO Reed Hastings will be paid $4 million in salary and stock options for the coming year.
Investors peek over 'fiscal cliff' and find ... blue skies?Professional investors see plenty of minefields, but many believe a congressional deal will avert the worst of the 'fiscal cliff.' Another plus: Beyond the 'fiscal cliff' is a slowly improving economy.
Stocks fall again with 'fiscal cliff' closing inStocks聽tumbled for a fifth day as a 'fiscal cliff' deal goes unfulfilled in Washington.聽Despite the fiscal gridlock in Washington, major stock indexes are holding on to gains for the year.
Madoff prison letter: Beware 'dark pools' on Wall StreetMadoff prison letter warns of lack of transparency in the markets from 'dark pools,' where institutions buy and sell privately outside stock exchanges. Hedge funds' push into riskier ventures also comes under fire in Madoff prison letter.
More than a turnaround, Toyota sees record-breaking sales in 2013Despite the Japanese earthquake and tsunami which interrupted production in 2011, and massive safety-related recalls this year, Toyota Motor Corp. expects to finish 2012 with 9.7 million vehicle sales, more than ever before.
Baby recliner recall involves 150,000 unitsBaby recliner recall: Models from Nap Nanny Generations One and Two and Chill baby recliners had defective design, CPSC says. Four retailers agree to baby recliner recall.聽
Toyota agrees to $1 billion settlementToyota Motor Corp has offered to settle its聽acceleration case with a payment of more than聽$1 billion.
Mattel and Hasbro 'terrified': Do kids want gadgets more than toys?Mattel and Hasbro terrified that kids will want toys less next year, according to reports. Hot toys did well this Christmas, but retailers in general saw less growth than expected.
Are 'fiscal cliff' woes killing Christmas sales?In last weekend before Christmas, traditionally a strong sales period, shoppers cite worries over taxes and so-so discounts as reasons to rein in spending. Experts warn of ho-hum holiday sales.
Burger King spitting suit: Racism in a Whopper Jr.?Burger King spitting suit settled out of court: A black man claimed in a federal lawsuit that a white Burger King employee in Pennsylvania spit on his burger. Burger King argued there was no evidence. A judge disagreed.
Milk prices could double if Congress doesn't actMilk prices are poised to move higher next year unless Congress passes legislation to supersede a 1949 law. That law would boost milk prices by forcing up the price at which government buys milk to keep it off store shelves.聽
Stocks edge up as investors await fiscal cliff dealStocks ended higher Thursday despite fiscal cliff uncertainty weighing on stock traders' minds.
Newtown post office flooded with condolencesNewtown, Conn.'s post office has been聽receiving a deluge of letters, cards, care packages and drawings from around the world in the wake of the shooting at Sandy Hook Elementary School.
Teacher inherits $7 million in gold coins from reclusive cousinTeacher inherits $7 million: Actually, it was $7.4 million stash. A San Rafael teacher inherited two wheel barrows worth of 2,900 Austrian coins, 4,500 from Mexico, 500 from Britain, and 400 U.S. gold pieces.
