All Latest News Wires
Starbucks will offer delivery in select cities next yearStarbucks said it will offer a delivery option on its mobile app in select areas of the US starting next year. Starbucks previously said it plans to let customers across the country place orders ahead of time on their smartphone by next year, an option intended to get people in and out of stores quicker.
Real-life Halloween scare: Chocolate prices are set to riseRising costs for chocolate manufacturers and increasing global demand will raise chocolate prices.
US economy grew at 3.5 percent rate in third quarterThe nation's gross domestic product for the three months ending in September was a little better than analysts were anticipating.
Apple's Tim Cook is 'proud to be gay,' hopes to help othersApple CEO Tim Cook says he's proud to be gay, speaking up in an essay for Bloomberg Businessweek. Cook says he hopes hearing the CEO of Apple is gay could help others struggling to come to terms with their sexuality.
Fiat Chrysler spins off sports car maker Ferrari to boost valueFiat Chrysler Automobiles plans to spin off sports car maker Ferrari into a separate company, a way to unlock value in the luxury brand and distinguish it from its mass-market parent. A Ferrari spinoff had long been speculated as Fiat-Chrysler seeks to maximize values from the group's various brands.
Facebook (FB) ups its spending. Analysts love it. Investors don't.Facebook (FB) shares opened lower Wednesday after the company revealed aggressive spending plans for 2015. But the Facebook plan was a hit with analysts, who say the heavy spending will drive long-term growth and reinforce the social networking giant's market dominance.
Fed meeting wraps up today: Five things to watch forThe Federal Reserve is expected to announce the end of its easing program but stay the course on interest rates during its Wednesday meeting. In addition, Federal Reserve watchers will look for a bullish labor market stance and expect a more tempered reaction from the financial markets.
Consumer confidence roars to 7-year high in OctoberThe Conference Board said its index of consumer confidence increased to 94.5 this month, the highest reading since October 2007. The jump in consumer confidence came despite a sharp stock market sell-off, with households cheered by a firming labor market and falling gas prices.
Twitter (TWTR) shares fall as company fails to improve engagement and user growthTwitter, the online messaging service, known for its maximum 140 character 'tweets,' said on Monday its timeline views per user, a measure of engagement, fell 7 percent in the third quarter.
Apple, Alibaba CEOs hint at mobile payment partnershipApple and Alibaba soon could be collaborators through a partnership between Apple Pay and Alipay, Alibaba's payments company. The news comes on the heels of drugstore chains CVS and Rite aid disabling Apple Pay in their stores.
Dunkin' Donuts croissant-doughnut is NOT a Cronut, company insistsDunkin' Donuts plans to roll out a croissant-doughnut hybrid in next week, insisting that it is not copying the Cronut, a trademarked concoction from a New York bakery that became a sensation last year. The Dunkin' Donuts non-Cronut will debut in US stores Nov. 3.
Chiquita's top banana? Two Brazilian companies win bid.Chiquita Brands International Inc. has agreed to sell itself to two Brazilian companies, the investment firm Safra Group and the juice company Cutrale Group, for approximately $681 million. The deal comes just days after Chiquitas' shareholders rejected plans to merge with Irish fruit importer Fyffes.
Pending home sales inch up 0.3 percent in SeptemberPending home sales inched up 0.3 percent in September as it remained difficult for prospective buyers to qualify for mortgage financing, according to the National Realtors' Association. Pending sales are a reliable barometer of future purchases.
Apple Pay disabled at Rite Aid, CVS. Building their own system?Apple Pay systems were disabled in Rite Aid and CVS drugstores over the weekend, according to reports. The disabling of Apple Pay may be a way to support a rival electronic payment system being developed by a group of merchants including Rite Aid, CVS, and others.
Ford's new, lighter pickup weighs down Q3 earningsFord's net income dropped 34 percent to $835 million in the third quarter, largely due to the cost of launching the new Ford F-150 pickup. The new truck, which is 700 pounds lighter due to its aluminum construction, is scheduled to go on sale by the end of this year.
A blue Christmas for Amazon? Q3 earnings miss bigAmazon (AMZN) announced larger-than-expected losses for the third quarter and gave a disappointing forecast for the holiday quarter, causing AMZN shares to fall 11 percent in after-market trading, on top of the 22 percent decline Amazon stock has already suffered this year.
Giant gold nugget found in California could sell for $350,000One of the biggest gold nuggets found in modern times in Northern California's historic Gold Country is going up for sale.
US jobless claims rise 17K, but still lowest since 2000Jobless claims filed by American workers rose by 17,000 to 283,000 last week, but the four-week moving average for jobless claims fell to its lowest level since May 2000.
GM earnings climb to $1.38 billion in Q3 thanks to SUV, truck salesGeneral Motors (GM) nearly double its third-quarter net profit, earning $1.38 billion with help from surging SUV and truck sales in North America. GM shares rose more than 2 percent in premarket trading on the news.
Mortgage rates fall, but that doesn't inspire home buyingMortgage rates have been trending lower for several weeks, prompting an 11.6 percent jump in mortgage applications last week. But the surge was driven by refinances instead of new buys, suggesting that mortgage rates aren't the key to home ownership.
