The Facebook logo on a computer screen is shown. Now that Facebook has declared what it thinks the company is worth, it’s time the company to hit the road and convince investors. Now that Facebook has declared what it thinks it’s worth, it’s time for company executives to hit the road ...
By The Associated Press San Diego – Daniel Chong said federal agents told the 23-year-old college student swept up in a drug raid that he would not be charged. He was only being handcuffed and returned to a holding cell while they finished paperwork to release him, he was told. ...
Rupert Murdoch, right, and his son James Murdoch, left, have come under fire for their handling of the hacking affair last year that resulted in the closure of the News of the World. News Corp.’s (NWS) board of directors said Wednesday it has “full confidence” in Rupert Murdoch’s fitness to ...
The U.S. government has agreed to remove an Islamic charity from its list of terrorist organizations and pay its legal fees as part of a settlement reached with the Ohio-based KindHearts for Charitable Humanitarian Development Inc., in a case that has been invoked by critics of a planned Brookfield mosque. ...
New York City Comptroller John Liu appeared on CNBC Tuesday to discuss news that leaders of the city’s pension funds plan to vote their 4.7 million company shares against five directors standing for re-election to the retailer’s board at its annual shareholder meeting next month. “What happened in Mexico is ...
CNBC’s Jon Fortt reports on the partnership between Microsoft and Barnes & Noble. Rafe Needleman, CNET editor-at-large, explains what this big bet could mean for Microsoft. The idea of going into a bookstore and walking out with a tablet or other device might sound contradictory, but it could be the ...
By Kimberly Dozier, Associated Press Washington – A year after the U.S. raid that killed Osama bin Laden, al-Qaida is hobbled and hunted, too busy surviving for the moment to carry out another Sept. 11, 2001-style attack on U.S. soil. But the terrorist network dreams still of payback, and U.S. ...
BOSTON — Fisherman Lou Williams sees plenty of harbor porpoises, usually swimming in small pods well away from his boat, unlike the herds of lookalike dolphins that get close enough to ride his vessel’s wake. A place Williams doesn’t see many porpoises is his nets. “It’s a rare occasion,” said ...
ST. LOUIS – High winds swept through a beer tent where 200 people gathered after a Cardinals game Saturday, killing one and critically injuring at least five others, authorities said. But the owner of the bar said it was lightning – not wind – that killed the patron. At least ...
Washington – Republicans defied a veto threat and the House voted Friday to prevent federal loan costs from doubling for millions of college students. The vote gave the GOP a momentary election-year triumph on a bill that has become enmeshed in partisan battles over the economy, women’s issues and President ...
In the political arena, one side is winning the war on child obesity. The side with the fattest wallets. After aggressive lobbying, Congress declared pizza a vegetable to protect it from a nutritional overhaul of the school lunch program this year. The White House kept silent last year ...
By Julie Appleby, KHN staff writer Millions of consumers and small businesses will receive an estimated $1.3 billion in rebates from their health plans this summer under a provision of the health care law that effectively limits what insurers can charge for administration and profits, a new studyprojects. “This alone ...
The company Element Electronics has moved the assembly of its larger televisions from Asia to Canton, Mich., and they’ve already sold out for the year now that several chain stores have taken notice. NBC’s Kevin Tibbles reports. By Stephanie Himango and Kevin TibblesNBC News CANTON — Mike O’Shaughnessy says it ...
Varieties of marijuana buds including “Skunk Ape” and “White Fire Alien” are displayed for sale at a medical marijuana center in Denver. Whether the grower is licensed or not, pot is still a risky business in states that have approved its use for medicinal purposes.
The Justice Department has opened a criminal investigation of Wal-Mart following a New York Times report that the company paid bribes to officials in its Mexican business, the Washington Post is reporting on its website. The post cited three sources familiar with the matter. The allegations, if proven true, could ...
NEW YORK — The worst is over, for now. Gasoline prices are starting to fall. After a four-month surge pushed gasoline to nearly $4 per gallon in early April, drivers, politicians and economists worried that gasoline prices might soar past all-time highs, denting wallets, angering voters and dragging down an ...
Billionaire investor Warren Buffett, chairman and CEO of Berkshire Hathaway. Warren Buffett’s public disclosure that he has been diagnosed with stage I prostate cancer sent shock waves through the investing world Tuesday, as investors contemplated the mortality of the man who has built enormous wealth for himself, his company and ...
