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Need a toaster? It's worth it to invest in high-quality ones, chefs say.Electric kitchen appliances can be smart purchases for your home 鈥� if they are high enough quality. Two chefs break down what brands are the best investments for cooking.
Lindt strikes sweet deal to acquire Russell Stover CandiesSwiss chocolate maker Lindt & Spr眉gli says it is acquiring Russell Stover Candies, making the company the third-largest chocolate maker in North America. Details of聽Lindt & Spr眉gli's acquisition were not disclosed, but several media outlets report the deal was between $1 billion to $1.4 billion.
Wal-Mart, Campbell Soup owners top 'America's Richest Families' listForbes released its 'America's Richest Families' list last week. The Waltons, the family behind Wal-Mart, were ranked as the richest family in the US, and the world, with a net worth of $152 billion.聽
Agriculture research center use maps to help African smallholder agricultureThe International Food Policy Research Institute (IFPRI)聽published an atlas containing a series of maps illustrating聽the current situation of African smallholder agriculture. The聽IFPRI's goal with the maps is to inform readers efforts to improve the lives of Africa's rural poor.聽
Will Tesla Motors become a leading employer of US veterans?Tesla Motors may become a leading employer of US military veterans. Out of Tesla Motors' 6,000 employees, 300 of them are veterans, and Tesla Motors plans to hire 600 more.聽
Citigroup will pay $7 billion to settle securities investigationCitigroup says it will pay $7 billion to settle the US government's mortgage-backed securities investigation.聽Citigroup聽says it would pay $4.5 billion in cash and provide $2.5 billion in consumer relief.聽
Saving for retirement? How to soothe fears of not having enough money.In a recent survey, 55 percent of Americans said they fear not having enough money to last through their retirement. To squash fears,聽Jonathan DeYoe suggest adopting a countercultural approach when it comes to spending.
China waives purchase tax on electric cars. Will it boost electric car sales?China has decided to wait its 10 percent purchase tax on electric cars. Electric car sales haven't been stellar recently, but this waiver is the country's policymakers' latest effort to address China's energy independence issues.
CYNK soars from 10 cents to $13.90 a share. Feds halt trading.CYNK is lesson to traders: Avoid penny stock scams. SEC halted trading of CYNK stock Friday to probe possible illegal manipulation. 聽
What businesses should consider with equity crowdfundingCrowdfunding websites raised more than $5 billion in 2013. That said, there are some complications with crowdfunding that businesses should consider.聽
USDA challenge: Reduce food waste to promote your organization.The US Department of Agriculture has organized the US Food Waste Challenge to encourage Americans to reduce and recover food waste. By participating and promoting the challenge, the USDA will advertise participating organizations and their food waste reduction activities.
Why the Highway Trust Fund gimmicks need to stopCongress needs to start being realistic and serious about the future of the Highway Trust Fund, writes Howard Gleckman. Although the Highway Trust Fund worked in the past, it is time for a long-term solution 鈥� not just pension smoothing and other gimmicks.
US 'app' lawsuit against Amazon will 'crimp' retailer's aspirationsChildren's ability to buy apps from Amazon, using parents' accounts without authorization, lands the online retailer in hot water with the FTC, which has sued it. How much will the suit slow Amazon's bid to expand into the app industry?
Infiniti's de Nysschen exits to take on GM's Cadillac brandInfiniti president Johan de Nysschen is leaving Infiniti for General Motors' Cadillac brand.聽At Cadillac, de Nysschen will be responsible for all aspects of Cadillac globally such as sales and brand development.
Cynk Tech has no assets, no revenue, and $4.5B value. Wait, what?The stock price of Cynk Technology Corp., which has no revenue, no assets, and only one employee, has gone up 24,000 percent in almost two months. The skyrocketing price caught the attention of regulators, and on Friday, the SEC suspended trade of Cynk Tech stock.
US runs $71 billion surplus in June as budget gap wanesThe US government ran a budget surplus of $71 billion in June, putting it on track toward the narrowest budget gap since 2008. Nine months into this budget year, the deficit runs at $366 billion, down 28 percent from this time in 2013.
US restaurants slow down spending on advertisementsRestaurants have been slowing down on advertisement spending in the US. The reason behind the trend is that many US restaurants are offering fewer limited time offers (LTOs).
LeBron James to Cleveland will have a major financial impactLeBron James announced Friday that he will return to the Cleveland Cavaliers to play basketball next season. LeBron James' decision has huge financial implications for Cleveland, Miami, and beyond.聽
7-Eleven Day: Get a free Slurpee before the summer 'polar vortex' hits7-Eleven Day is here, which means the chain will give away free Slurpees between 11 a.m. and 7 p.m., plus a week of free treats to customers who download the new 7-Eleven app. Enjoy 7-Eleven Day now, before a summertime 'polar vortex' drops temperatures across the country.- FTC: Amazon has not done enough to prevent in-app purchases by kidsFTC/Amazon suit:聽The agency filed suit in a move had been expected since last week, when聽Amazon聽said it wouldn't settle with the聽FTC聽over the charges.聽
