Company News

TD Bank surprises customers and scores a viral video hit

TD Bank surprises customers on camera and the video goes viral on YouTube, with more than 3.8 million views in one week.  More

RadioShack's days are numbered

With RadioShack burning through cash, investors and credit rating agencies believe its days are numbered.  More

Europe hits Russia's biggest banks

Europe cranked up the pressure on Russia on Thursday by including the country's top two banks on a list of sanctions.  More

Cold War-style tension hits Western companies in Russia

Adidas has become the latest big Western company to warn that Russia's economic turmoil is hitting its business.  More

Not extreme enough: GoPro fails to impress

GoPro failed to live up to the extreme expectations set by its blockbuster debut. The camera maker's stock fell even though sales rose sharply.  More

T-Mobile soars on French takeover rumor

T-Mobile shares jumped 6% on a report about a buyout bid emerging out of France  More

Can Whole Foods turn itself around?

Whole Foods continues to struggle with sluggish sales as the health food market gets crowded.  More

WWE slams workers by axing 7% of jobs

World Wrestling Entertainment is known for its bone-crushing body slams, but now the company is slamming its workers.  More

Target taps Wal-Mart veteran to lead comeback

Brian Cornell, who once headed Sam's Club, will take on challenge of helping recovery from data breach.  More

FCC to Verizon: Throttle this

The FCC isn't happy about Verizon's plan to slow unlimited data connections.  More

Tesla's new battery teammate: Panasonic

Electronics company will help build huge plant needed for make batteries for a mass market electric car.  More

Another food scandal? KFC just cannot win

KFC and parent company Yum Brands are facing yet another food scandal and public relations nightmare in China.  More

Wall Street wants tax holiday to be a QE4

A tax holiday could juice stock prices just as the Federal Reserve is unwinding its quantitative easing program of massive bond purchases. It could also stop more tax-avoidance inversion deals.  More

BofA hit with $1.3 billion mortgage penalty

The case involves bad mortgages sold by Countrywide Financial ahead of the Great Recession and its multi-billion dollar rescue by Bank of America.  More

Nine popular, but unhealthy restaurant meals

French toast with enough saturated fat to last a week, a burger with more than three days worth of sodium and a stack of seafood with more than a day's worth of calories top this year's Xtreme Eating list.  More

This is Instagram's answer to Snapchat

Instagram unveiled a new app this week called Bolt that mimics Snapchat's messaging functions.  More

Hyundai recalls 883,000 Sonatas

Hyundai recalls its one of its most popular cars due to problem that could cause car to be in different gear than shown on display..  More

Amazon's Fire phone: a shopping device that makes calls

If you want your phone optimized for commerce, the Fire may be the device for you.  More

Facebook cans annoying birthday gift requests

Facebook's short-lived Gifts service is set to expire amid a shift in e-commerce strategy.  More

GM sued by more than 600 recall victims

Federal lawsuit seeks money for more than 600 victims injured or killed in recalled vehicles, most of whom are not eligible for compensation fund.  More

Big bankers: Wait 7 years for your bonus

Regulators in the U.K. are proposing stiff new rules that would see banks withhold bonuses from hotshot bankers for seven years.  More

Meat scandal takes a bite out of McDonald's sales in Japan

McDonald's in Japan says profit and sales will fall short of expected targets this year, as fallout widens over a major food safety scandal.  More

No hot sauce for Buffalo Wild Wings stock

Buffalo Wild Wings stock was in mild mode Wednesday after forecasting 2014 earnings growth that didn't live up to the hype.  More

Netflix and AT&T strike deal to boost streaming speeds

Netflix has reached an agreement to connect directly with AT&T's network to boost streaming speeds.  More

Chevy Volt is insurance group's Top Safety Pick

Although it wasn't the safest vehicle in an actual crash, available crash avoidance technology made the Chevy Volt the Insurance Institute for Highway Safety's Top Safety Pick.  More

McDonald's may be liable for worker lawsuits

McDonald's may be liable for worker lawsuits, not just franchisees, in a government ruling that could change the fast-food business.  More

Amgen joins job-cut parade

Amgen is the latest to continue corporate America's cost cutting strategy, even as the economy is supposedly on the mend  More

Employees wrestle with management for control of Market Basket supermarkets

Employees of the New England supermarket chain are demanding the reinstatement of their boss who was recently ousted from the family-owned company after a lengthy struggle for control with his cousin.  More

No Fail Whale here! Twitter is soaring

Things are looking up for Twitter -- or at least, for its stock price.  More

Red Lobster bets on fancier-looking plates to turn things around

But Red Lobster is pulling back from deep discounting and presenting food on the plate in a more vertical fashion, in the manner of upscale restaurants.  More

Europe, U.S. slap new sanctions on Russia

European leaders are trying to hit Russia where it hurts by issuing new, tougher sanctions targeting Vladimir Putin's cronies and key Russian industries.  More

Arby's: More meat is mightier

In push for protein, fast-food chain offers Mega Meat Stacks that are twice as large as regular sandwiches.  More

Gadget tests your drink for 'date rape' drugs

Pd.id is a tiny electronic device and mobile app that alerts you when your drink has been drugged.  More

Sorry Bill, Herbalife's woes aren't about you

Controversial supplements company Herbalife disappointed investors with weaker-than-expected earnings and cautious guidance. But nobody was talking about short seller Bill Ackman.  More

Delta to offer free entertainment on U.S. flights

Airline to provide movies, TV and video games through seatback screens or on mobile devices.  More

More banks caught up in 'dark pools' probe

UBS is the latest major bank to get sucked into a U.S. probe over 'dark pool' trading venues.  More

Have digital subscriptions peaked at the NYT?

The New York Times reported second-quarter results that underwhelmed investors. Digital subscription growth doesn't seem to be fast enough to offset declining ad and circulation revenue.  More

Apple buffs up radio service with string of acquisitions

Apple bought the Pandora of news radio, Swell, for a reported $30 million.  More

Stocks get no search love on Google

Americans have dialed back on Google searches for traditional assets like stocks and bonds and are instead looking more for Kickstarter and startups.  More

General Mills to demand suppliers cut greenhouse gases

General Mills said as part of effort to fight climate change it will only buy from suppliers who are cutting greenhouse gas emissions and water use.  More

Microsoft faces China antitrust probe

Chinese authorities are investigating the company over anti-trust issues.  More

Herbalife stock tumbles on earnings miss

Herbalife shares tumble after the maker of nutritional supplements reports earnings that fall short of analysts' estimates.  More

GM's most popular pickup recalled six times this year

The 2014 Chevrolet Silverado and the GMC Sierra have been recalled six times so far in 2014, giving them the dubious honor of being the year's most frequently recalled vehicles.  More

Smith & Wesson hit for overseas bribes

The SEC fines the Massachusetts gun maker for bribing officials when trying to secure sales contracts with overseas military and law enforcement agencies.  More

OkCupid set up bad dates in 'an experiment'

Online dating site OkCupid found its users were more likely to have conversations when it told them they were more compatible than in reality.  More

Richard Branson's Virgin America files for IPO

After ending string of operating losses last year, Virgin America says it plans to sell stock.  More

Dollar Tree buying Family Dollar

Investor Carl Icahn is among the winners in the cash and stock deal.  More

Big Mac shortage in China after recall

A McDonald's supplier has been accused of mishandling meat at its Shanghai plant.  More

China will soon be the world's top business travel market

Business travel spending in China reached $225 billion last year, or 23% of the $1.1 trillion global total.  More

Big Mac shortage in China after recall

A McDonald's supplier has been accused of mishandling meat at its Shanghai plant.  More

Lyft gets the green light in New York City

The rideshare app will launch in New York on Friday evening, as the city's taxi commission comes to terms with the technology.  More

Smart people buy generic brands

Americans are wasting about $44 billion a year on name brands, when they could be buying the exact same products if they switched to cheaper store brands, says a new paper by economists from Tilburg University in the Netherlands and the University of Chicago.  More

Murdoch shoring up his war chest

Rupert Murdoch is merging BSkyB with 2 other satellite TV operators, adding more than $8 billion in cash to pursue . U.S. deals.  More

Former Bear Stearns CEO Ace Greenberg dies

Greenberg worked more than 60 years at Bear Stearns and was chairman went it collapsed in 2008.  More

8 rights of pregnant women at work

Firing a woman because she's pregnant is illegal. So is refusing to hire pregnant women or discriminating against mothers who are pumping breast milk on the job.  More

Investors go LOCO for grilled chicken stock

Mexican-style chicken restaurant El Pollo Loco shares surged nearly 30% from their initial public offering price. It's the latest restaurant IPO to do well on its first day.  More

Amazon plunges 10% on big loss

The company posted a larger than expected loss Thursday, sending shares tumbling 10%.  More

Your personal information just isn't safe

Target hack victims were directed to Experian for protection. But that company has leaked your data too.  More

Introducing the $7.76 Big Mac

Would you pay $7.76 for a Big Mac? The Economist's iconic Big Mac index is a lighthearted way to compare currencies and buying power around the world.  More

It's Seamless over Starbucks for business travelers

In New York City, business travelers have ditched meals at Starbucks in favor of Seamless takeout, according to a new report.  More

Weird Al's new album has been pirated 40,000 times

'Mandatory Fun,' the latest album by Weird Al, is topping the charts -- and getting pirated like mad too.  More

GM to pay victims $400 million to $600 million

Automaker sets aside $400 million for victim compensation from faulty ignition switch, but says costs could rise by another $200 million.  More

McDonald's stands by rotten meat supplier

McDonald's is standing by a troubled meat supplier, even after allegations the company was selling tainted and expired meat.  More

Only 3 in 10 Twitter workers are women

Like many of its Silicon Valley peers, Twitter workers are mostly male and white according to a diversity report released by the company Wednesday.  More

Dunkin' stock dunked on poor sales

The owner of Dunkin' Donuts reported weak sales and lowered its outlook. It blamed the weather. But tough competition may be the real reason. Investors aren't pleased.  More

Wal-Mart to battle U.S. slump with new leader

Head of Asia division, Greg Foran, to succeed Bill Simon as CEO of Wal-Mart U.S.  More

'Pristine' original Superman comic up for auction

A "pristine" copy of Action Comics #1 will go on auction in August, eBay announced Tuesday.  More

Gun maker relocates fearing stricter state laws

Fearing stricter gun laws in Maryland, gun maker Beretta is moving its manufacturing to Tennessee.  More

GM recalls 718,000 more vehicles

General Motors recalls another 718,000 U.S. cars to deal with variety of problems including seat height adjustments, welds and power steering.  More

Facebook at all-time high on mobile might

Facebook posted another strong quarter driven by its success in mobile advertising revenue.  More

Best-loved cars in America

These cars and trucks topped J.D. Power's APEAL survey, which measures how much owners like their new vehicles.  More
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