Company News

U.K. bank hit with $300 million New York fine

State agency says bank fails to comply with rules against money laundering.  More

Bieber, T Swift fragrances blamed for Elizabeth Arden loss

Shares of Elizabeth Arden tanked 24% Tuesday after the company said it lost $156 million in the most recent quarter.  More

Heinz recalls lead-laced baby food in China

Pittsburgh food company announces recall of "small batch" from Chinese supplier.  More

McDonald's coffee coming to supermarkets

The take-home coffee will come in a variety of flavors including those that are already available in McDonald's restaurants like "premium roast," French vanilla and hazelnut.  More

Uber hires former Obama campaign manager

Uber has hired David Plouffe, the former campaign manager for President Obama.  More

Website crash mars $188 billion "demerger"

Investors trying to find details on BHP Billiton's multi-billion dollar "demerger" were scrambling Tuesday as the company's website crashed.  More

Bakery to Google: Take 's--t' out of our logo!

Greggs bakery took to Twitter to urge Google to remove a profane logo from search results.  More

Uber launches drug store delivery service

Uber introduced a trial service Tuesday offering on-demand delivery of medicine, toiletries and other drug store products.  More

Sprint's new price plans: No more 'Framily,' but more data

On Monday, Sprint announced it was jacking up the data it offers in its family pack options. The new plans will be offered starting on Friday.  More

Fidelity settles lawsuits over its own 401(k) plan

Retirement giant Fidelity investments has agreed to pay $12 million to settle two lawsuits over the 401(k) plan it offers its workers.  More

America's top wireless network is...

Verizon took top honors in a new ranking of nationwide network performance by market research firm RootMetrics.  More

Starbucks trucks are coming to campus

The mobile trucks will serve coffee and snacks to students at Arizona State University, James Madison University and Coastal Carolina University.  More

Accounting firm nailed for whitewashing client's sanctions violations

New York banking regulators suspend PwC for 2 years and fine it $25 million for changing language in a report to make it less likely to raise red flags.  More

One way Time Inc. judges writers: advertiser appeal

A spreadsheet reveals that Time Inc. weighed whether the content some employees created was "beneficial to advertiser relationship."  More

Al Gore sues Al Jazeera

Former VP clashes with Al Jazeera over Current Media deal.  More

Moms: Don't flash your gun at Kroger

The advocacy group pressured Target, Chilli's, Sonic and Chipotle until those companies asked customers to keep their guns at home.  More

Microsoft considering new name for Internet Explorer

Internet Explorer might be getting a name change, Microsoft engineers say.  More

Comcast left me on hold for 3+ hours -- until it closed

Viral video shows customer who is trying to discontinue Comcast service left on hold for hours till office that handles cancellations closed.  More

Dollar General outbids Dollar Tree for Family Dollar

Dollar General bids $78.50 per share, or $9.7 billion, for Family Dollar  More

Hospital network hacked, 4.5 million records stolen

Hackers have taken 4.5 million Social Security numbers from patients who attended any one of Community Health Systems' 206 hospitals this year.  More

$15 million pours in from Ice Bucket Challenge

The ALS Association says it has raised $15.6 million for Lou Gehrig's disease from the Ice Bucket Challenge.  More

Does the $100 bill need to go?

The U.S. "Benjamin" is a favorite of criminals.  More

Saks Fifth Avenue warns pet treat firm Snaks 5th Avenchew

Saks Fifth Avenue warns pet treat firm Snaks 5th Avenchew  More

Sea World to upgrade killer whale habitats

The amusement park company said it will double the size of the animals' habitats at its three parks, the first of which will open to the public in 2018.  More

Albertson's stores hacked for credit card data

Albertson's and Shop 'N Save became the latest companies to experience a data breach of its debit and credit card data.  More

2 Ferguson gun stores say sales soar

Guns and ammo are selling at a feverish pace in and around St. Louis as violent clashes continue between protesters and police in nearby Ferguson, Missouri.  More

New York Times article makes Starbucks baristas' life easier

Following an article on the difficulties faced by one Starbucks employee, the coffee chain moves to improve its scheduling system to ease the burden on workers with children and college careers.  More

Burger King ditches lower-calorie fries

Satisfries abandoned after one year at most of the chain's restaurants  More

K-Cup coffee prices rising 9%

Keurig Green Mountain becomes the latest coffee company to hike prices as wholesale coffee costs continue to rise.  More

Google snoops on Gmail to catch pedophiles

Police in Texas arrested a man last month for alleged child porn possession based on a tip from Google.  More

Butterfly farm is a surprising job creator

Raising butterflies to sell to exhibits or to release at weddings and funerals is a viable business that's creating jobs for one Native American tribe in Oklahoma.  More

Western firms accuse China of intimidation

European companies have accused China of using "intimidation tactics" as part of an antitrust crackdown that has ensnared many big Western brands.  More

Health care costs hit Wal-Mart profit

More Wal-Mart workers signing up for health care means lower profit. Playing catch-up on e-commerce also hurting bottom line.  More

Apple bans toxic chemicals from manufacturing

Computer company IDs two newly prohibited toxins: benzane and n-hexane.  More

Elon Musk's SpaceX sued for labor violations

Elon Musk's SpaceX is accused of breaking California labor laws. Lawsuits say the company made employees "work off the clock" and did not give them required rest breaks.  More

'As Seen On TV' company accused of fraud

New Jersey says Telebrands used 'unconscionable commercial practices' to sell customers products they didn't want.  More

These resume lies are whoppers

Most hiring professionals say they have caught lies on resumes and some are more creative than others.  More

'Pink slime' is back and headed for your burger

Beef Products Inc. says an uptick in sales of its beef filler product dubbed "pink slime" by critics means it can reopen one of its plants.  More

Kellogg's echoes rival in green initiative

Corn Flakes pledges to work with suppliers to ensure that more of its ingredients come from sustainable sources -- two weeks after General Mills announced similar measures.  More

Ex-MIT dean, son plead guilty to hedge fund scam

Gabriel Bitran and his son Marco told clients that they would invest their money using on a complex trading model devised by Gabriel at MIT, but instead invested with Bernie Madoff.  More

This is the new USB connector - and it's reversible!

The new, reversible USB connector is ready to go to market.  More

How Ballmer's $2 billion Clippers deal could pay off

Ex-Microsoft CEO Ballmer paying a record price for an NBA team seems crazy, but his timing couldn't be much better.  More

How 4G speeds stack up at airports near you

Mobile industry research firm RootMetrics ranks America's 50 busiest airports on 4G speeds.  More

The 5 best -- and worst -- airports for cell phone service

Research firm RootMetrics measured mobile service quality at America's 50 busiest airports for a new report.  More

Amazon undercuts Square with new mobile credit card payments service

Amazon announces competitor to Square as it goes after credit card processing by small businesses.  More

Your gun is lost in the mail? The government wants to know

There's no requirement to report guns stolen while they're being shipped, but the federal government wants to change that.  More

Robin Williams' legacy: A big heart for charity

Robin Williams leaves a legacy of working with dozens of charities. The USO, St. Jude Children's Research Hospital were just two of them.  More

Apple: mostly men, mostly white

Apple released a report on the diversity of its workforce Tuesday showing that it's mostly male and mostly white.  More

23 million Twitter users are fed by robots

About 8.5% of Twitter's 271 million users are actually not human.  More

Fast food chains reveal China suppliers

Chinese regulators have ordered restaurant chains to disclose their food suppliers and ingredients used after a major food safety scandal erupted in July.  More

Consumer Reports puts some dings in Tesla's reputation

The publication, which calls the Model S is the best car it ever tested, also admits it has had more than its share of minor problems.  More

How Jack Ma will keep control of Alibaba

Investors taking part in Alibaba's upcoming IPO won't get much of a say in how the firm is run.  More

Eat your selfie on a Middleton marshmallow

Move over Kate Middleton! Younger brother James Middleton is stealing the spotlight with his candy business that prints Instagram pictures on marshmallows.  More

Another fruit company wants to merge with Chiquita

Two Brazilian companies stepped forward on Monday with promises of $600 million in cash and an offer to buy Chiquita Brands outright.  More

'Aunt Jemima's' heirs sue product makers for $2 billion

Great-grandsons accuse Quaker Oats, PepsiCo and Pinnacle Foods of conspiring not to pay royalties to the family of a woman depicted on the pancake products.  More

Kim Kardashian's selfies coming soon in hardcover

Kim Kardashian published a coffee table book called "Selfish" featuring lots of photos of ... herself.  More

GM loses bid to stop key recall lawsuit

A key lawsuit brought by Brooke Melton's parents against General Motors over the automaker's fatally flawed ignition switches will be reopened.  More

You can't change the color of Facebook - it's a virus

An app claiming to change Facebook's color palette is actually loading malware onto your smartphone or PC.  More

Microsoft: Surface is better than your MacBook

Microsoft says the Surface is better than the MacBook in a new series of commercials.  More

Amazon picks a new fight: Disney DVDs

Online retailer strips preorder button for forthcoming DVDs such as 'Captain America: The Winter Soldier.'  More

Amazon price war: Both sides want you to email a CEO

Looking for some scintillating reading? Put down your e-book, and dig into the battle over how those books are priced.  More

63 death claims filed so far by GM victims & families

63 death claims were filed since the submission process began for GM victims & families to submit compensation claims for faulty ignition switches. That's about five times more death claims than the 13 deaths that GM has officially admitted to.  More

Oil companies remove staff from Iraq

While the escalated tensions may be heightening security concerns, the affected region contributes about 15% of the country's oil production. But worries linger.  More

With fewest canceled flights, Delta wins best title

Delta Air Lines achieved the top score overall, a significant leap from the sixth-place slot in last year's list. It got top marks for most improved customer service.  More

Lululemon founder dumps half of his stake

Founder of the yoga retail giant Chip Wilson dumps half his stake in ongoing board battle.  More

'Smart credit card' terminals can be hacked too

Those chip-enabled smart cards are no good if the terminal can be easily hacked into stealing your data.  More

Tesla settles dispute with trademark troll in China

Tesla has resolved a long-running trademark dispute that threatened the company's future in China.  More

Malaysia Airlines to be pulled from stock market

Malaysia's sovereign wealth fund announced Friday that Malaysia Airlines will be taken off the stock market in a bid to restructure the troubled airline.  More

Hyundai fined $17 million for delaying recall

The automaker knew of a brake problem in 43,500 Genesis cars a year before it told owners and issued a recall.  More

Barnes & Noble teams with Google for same-day delivery

The last big bookstore chain partners with  More

Facebook snaps up server security start-up

Facebook announced Thursday that it was acquiring cybersecurity start-up PrivateCore, which builds software to protect server data.  More

Find that hot girl you passed on the street with Happn

Happn is an app that lets you find people who you crossed paths with.  More

IBM builds a brain out of computer chips

IBM's new computer chips can sense, taste, feel, smell and hear like a brain.  More

Fox: "We are done" with acquisition talks

Fox executives sought not just to close the door on a Time Warner takeover attempt -- they also locked the door and appeared to throw away the key.  More

Netflix: Our subscriber sales top HBO's

Netflix CEO Reed Hastings said Wednesday that the company's subscriber revenue inched past that of HBO in the second quarter.  More

Would you sign up for "virtual cable?"

A first in the U.S., the service from Dish Network would target Americans who don't currently subscribe to any form of cable or satellite  More

Bank of America negotiating largest mortgage fraud settlement to date

The initial agreement would settle a probe by the Justice Department and a group of states related to mortgage practices dating to the financial crisis, according to a person familiar with the deal.  More

Can Sprint do anything but suck?

Sprint's merger with T-Mobile is in the toilet. What can it do to get out of the doldrums?  More

Photos could replace passwords

An Australian teen entrepreneur asks: What if your password were a picture instead of letters and numbers?  More

Boutique hotels just got easier to book

Wix launched WixHotels, a new website plug-in for boutique hotels so they can control their own inventory and avoid costly commissions.  More

You've been hacked! Here's what to do

Russian hackers have amassed a trove of 1.2 billion Internet user names and passwords. Here's what you need to do to protect yourself.  More

University president takes $90,000 pay cut to give 24 workers a raise

It will boost pay for 24 low wage workers on campus, including custodians, grounds keepers, and clerical workers. They will now earn $10.25 an hour, up from Kentucky's minimum wage of $7.25 an hour.  More

Making bulletproof vests for police dogs

Police departments rely on a non-profit called Vested Interest to armor K-9s against guns, knives, bottles.  More

People magazine may cost more for affluent

Time Inc. is testing the idea raising the price of People magazine in affluent areas.  More

Time Warner earnings top forecasts

HBO's strength paces strong earnings gain for media company, as it reports results the day after Murdoch's 21st Century Fox says it has withdrawn its offer.  More

Walgreens to remain an American company

Pharmacy chain to keep headquarters in the U.S. after considering move overseas to cut taxes  More

Automakers caught in China's antitrust drive

Foreign automakers have come under pressure in China this week as regulators bring forward new antitrust investigations.  More

Truce! Apple and Samsung call off patent war outside U.S.

Apple and Samsung have called a truce on most of their patent disputes, a development that should help end an acrimonious dust-up between the two tech giants.  More

No deal! Murdoch gives up on Time Warner

Rupert Murdoch said Tuesday that he had withdrawn his offer to acquire Time Warner, all but admitting defeat in what would have been the biggest media merger in recent history.  More

T-Mobile sinks after Sprint reportedly abandons merger bid

Sprint has reportedly abandoned its bid to acquire fellow wireless carrier T-Mobile.  More

Apple set to unveil new iPhones Sept. 9

Apple is set to unveil its next-generation iPhones at an event on Sept. 9, according to a report from the tech news site R/ecode.  More

Victoria's Secret loses PINK brand battle

Victoria's Secret could be barred from using its PINK branding in the U.K. and Europe after a British judge ruled the company was infringing on the trademarks of up-scale shirt-maker, Thomas Pink.  More

Fox investors left hanging: What's next on Time Warner?

Investors have punished Fox shares since news of the initial bid for Time Warner surfaced in mid-July.  More

Kale and chia seed juice boosts Jamba

Why is Jamba Juice stock jumping 11%? Look no further than kale and chia seed juice  More

Target's rough year gets rougher

Discount retailer says its latest earnings will be below forecasts due to cautious consumer shopping.  More

BMW sales top one million. Thanks China!

China's love of luxury cars continues unabated, helping drive BMW sales to a record one million vehicles in the first half of 2014.  More

Americans are warming to self-driving cars

A new survey from the University of Michigan found that 56% of U.S. respondents had positive opinions of self-driving vehicles.  More

Lego cashes in on sexism critiques

Lego released a new play set that features three female scientists after a 7-year-old named Charlotte took the company to task.  More

Remember PeoplExpress? That name is back in the sky

A discount carrier launches, reviving memories of a popular carrier from the 1980s.  More

Ebola drug maker's stock falls after big pop

Canadian biotech Tekmira is working with the FDA to get its Ebola drug approved. It hasn't been yet. But the stock soared until a CNN report of another Ebola drug sent it tumbling.  More

Doggie dates have come to Tinder!

Puppy profiles have popped up on the popular hookup app, Tinder.  More

LinkedIn forced to pay damages for unpaid overtime

LinkedIn is issuing back pay and damages to workers the Labor Department says failed to receive overtime.  More

Facebook goes down, LA residents call 911

The Los Angeles County Sheriff's Department said residents called the cops when social media went down  More

Eat at P.F. Chang's? Your card data may have been stolen

If you swiped your card at one of these 33 restaurants, then somebody might have swiped your info.  More
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