All Latest News Wires
Investment banking: Ex-Goldman critic to write book?Investment banking tell all? Greg Smith, who tendered a scathing resignation letter to investment banking giant Goldman Sachs, is reportedly looking for a book deal.
Susan G. Komen executives: More resignationsSusan G. Komen executives depart in turmoil over a funding flap of Planned Parenthood. At least five Susan G. Komen executives have left.
Etch A Sketch maker happy to be back in spotlight, sends boxes of toys to candidatesOhio Art Co., maker of the classic baby boomer toy, is sending a big box of Etch A Sketches to the presidential campaigns to say thanks for the publicity and a boost in sales.
Exxon Valdez bound for scrap heap in IndiaExxon Valdez: Best Oasis Ltd., an Indian company that buys old ships to dismantle them, and recycle salvageable material, bought the old old tanker. The Exxon Valdez was involved in one of the worst oil spills in US history.
Loan forgiveness? Great, but beware the tax.Loan forgiveness is helping indebted Americans. But the amount of the loan forgiveness can be taxed by the IRS.
AT&T sued over calls for deafAT&T didn't put in procedures to prevent fraud by people using stolen credit cards on the Internet-based system, the Justice Department says. Its suit charges AT&T improperly billed the government as a result.
Stocks lower on worries about Chinese economyThe Dow slipped 78 points to close at 13046 amid signs that suggest the Chinese economy is weakening.
National grocery chains to stop selling beef containing 'pink slime'Federal regulators say the filler, known in the industry as 'lean, finely textured beef,' meets food safety standards. But critics say the product could be unsafe and is an unappetizing example of industrialized food production.
Jobless claims fall to four-year low as economy reboundsUnemployment assistance applications dropped to a seasonally adjusted 348,000, the lowest level since February 2008. The drop coincides with the best three months of hiring in two years
Oil prices fall below $107 a barrelOil prices dip on concerns about China's growth. But oil prices are up from $75 a barrel in October.
U.S. stocks mixed on a quiet dayU.S. stocks were mostly unchanged Wednesday, a calm day in the middle of a bumpy week. U.S stock on the Dow fell 45 points to close at 13124.
Gold prices, commodities fall on China weaknessGold prices drop more than $20 an ounce. Copper, oil, and soybean prices also decline as concerns mount about an economic slowdown in China. Gold prices close below $1,650 an ounce.
Stocks down amid falling Chinese demandThe Dow dropped 68 points to close at 13170 Tuesday after two reports suggested an economic slowdown in China.
Wendy's beats Burger King for No. 2 spotWendy's beats Burger King to take the runner-up spot for US hamburger chains after No. 1 McDonald's. While Wendy's beats Burger King in terms of restaurant sales, Burger King remains No. 2 in terms of corporate revenue and number of restaurants.
Bankruptcy for TaxMasters, an IRS foeBankruptcy filing by TaxMasters puts focus on its aggressive ads. The Houston firm filed for bankruptcy after Texas' attorney general sued it for misleading advertising, .
Stocks rise on Apple dividendThe Dow rose 6 points to close at 13239 on a dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel.
Tim Cook shines as Apple CEOTaking over for Steve Jobs would be difficult for anyone, but Tim Cook's leadership of Apple has been workmanlike and highly effective.
N.Y. Mets owners settle with Madoff trustee for $162 millionThe ownership group of Major League Baseball's New York Mets has agreed to a settlement deal with the trustee trying to recoup billions of dollars in the wake of the Bernard Madoff Ponzi scheme.
Sweden cash-free? It's getting there.Sweden cash-free moves include public buses, a few stores, and even some bank offices that don't handle cash anymore. But it could take 20 years before consumers see a Sweden cash-free.
UPS to buy Dutch delivery company TNT Express for $6.8 billionAtlanta-based UPS is the world's largest delivery company, while TNT, headquartered in Hoofddorp, Netherlands, is the second-biggest express mail company in Europe behind Germany's DHL.
