All Latest News Wires
- Starbucks gets 18 percent boost from global customersStarbucks increased its net income by 18 percent in its fiscal second quarter as more customers visited Starbucks cafes in most parts of the world.
- Stock market fallout from Spain downgrade? Quiet.Stock market reaction muted in Germany, France, Britain, and US. First estimate of US GDP in first quarter could sway stock market sentiment.
- US stocks boosted by home sales, corporate earningsUS stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. The Dow rose 113 points to close at 13204
- Apple surge lifts Nasdaq 2 percentThe Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The Dow gained 89 points to close at 13090 on an all-around good day for US stocks.
- Cage-free promise on Burger King pork, eggs by 2017Cage-free promise: Burger King has pledged that all of its pork and eggs will come from cage-free chickens and pigs within the next five years. The Burger King cage-free promise marks a huge step in the shift toward more humane treatment of livestock.
- Patents arsenal: Why Facebook is buyingPatents accumulation is key strategy as Facebook prepares to go public. It bought $550 million worth of patents from Microsoft.
- Apple earnings lift stocks worldwideApple earnings exceeded expectations, causing stock markets to rise from Japan to Germany. US stock futures also get a boost from Apple earnings.
- 400-year-old diamond – owned by royals – for sale400-year-old diamond, owned by a French king and German, British royal families, will be auctioned off by Sotheby's May 14. Known as the 'Beau Sancy,' the 400-year-old diamond is expected to fetch up to $4 million.
- Social Security fund: Cash gone in 2033Social Security fund will run out three years earlier than earlier projections due to boomer retirements, weak economy. If Social Security fund runs out, retirees will get 75 percent of promised benefits.
- Stocks fall on worries over European stabilityThe Dow slipped 102 points to close at 12927 Monday as worrying news out of Europe sent US stocks sharply lower.
- Oil prices drop to $103 a barrelOil prices fell to near $103 a barrel Monday. Oil prices have been falling because of investor worries that economic growth in the US and China may slow more than previously expected.
- Wal-Mart shares drop on New York Times bribery allegationsWal-Mart, the world's largest retailer, was accused by the New York Times of covering up $24 million in bribes in Mexico. Wal-Mart share prices dropped in early trading Monday.
- Retirement strategy for small-business owners: Grab the tax breakRetirement might seem like the last priority for small-business owners. But funding your retirement plan can save 30 to 40 cents on the dollar because of tax breaks.
- Worthless? Hardly. Rare penny sells for $1.15 million.Rare penny minted in 1792 and never circulated was auctioned off for $1.15 million. There are believed to be only 14 copies of the rare penny in existence.
- Starbucks to stop using 'crushed bug dye' in drinksStarbucks has announced it will stop using cochineal extract, a red dye made from tiny beetles. Starbucks items containing the crushed bug dye will be reformulated by the end of June.
- McDonald's profits jump. Thank Chicken McBites?Mcdonald's saw its first quarter profits rise 5 percent in the first quarter of 2012, as a mix of old menu standbys and new items like Chicken McBites lured in more diners to McDonald's.
- Stock market gets boost from earnings, GermanyStock market futures in US as well as exchanges across Europe buoyed by German business optimism, US earnings. German stock market up 1 percent.
- Audi expands into motorcycles with DucatiAudi says it will buy the luxury motorcycle maker for an undisclosed sum. VW's Audi unit praised Ducati for its light engines and profitability.
- Stocks fall despite US company profitsThe Dow fell 68 points to close at 12964 as a slew of US companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
- Dick Clark: Music-TV mogul, restaurateur, investor, and entrepreneurDick Clark was known as a media mogul with integrity and unbounded energy. Dick Clark built a business empire that changed television and music.