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  • Doug Oberhelman, CEO of Caterpillar.

    The battle to rein in spending and overhaul taxes is something that Washington's policymakers must work "to get off the front page," Caterpillar CEO Doug Olberhelman told CNBC on Wednesday.

  • How Romanian Workhorses Reach the Dinner Plate Wednesday, 13 Feb 2013 | 11:02 AM ET

    In tough times poverty stricken rural Romanian farm owners sell their old workhorses to slaughterhouses to make a little extra cash, and begin a process whereby horsemeat winds up on the dinner table.

  • Virgin America to Launch New Austin, Anchorage Flights Wednesday, 13 Feb 2013 | 10:57 AM ET
    Virgin America Airbus A319

    Virgin America will launch new flights to Austin and Anchorage this year, bringing new competition for United and JetBlue.

  • Raytheon Taps Social Media to Build Tracking Software Wednesday, 13 Feb 2013 | 10:46 AM ET

    The defense company Raytheon has created software that taps user data from social media companies to track people.

  • Apple on the Cheap? MacBook Prices Cut by Up to $200 Wednesday, 13 Feb 2013 | 10:44 AM ET
    The Apple Store in Los Angeles, California.

    Apple cut the price on the base version of its 13-inch MacBook Pro laptop with "retina" display by $200 as it revamps its top-end laptops.

  • Apple Smartwatch Beyond 'Experimentation Phase': Report Wednesday, 13 Feb 2013 | 10:40 AM ET

    Apple has 100 employees working on a smartwatch, signaling that the company is past the experimental period in creating the new device, according to a recent report.

  • Small Firms Weigh Big 5-0 Under Obamacare Wednesday, 13 Feb 2013 | 10:21 AM ET
    Pamela O'Hara, Batchbook

    Under proposed rules for the Affordable Care Act, companies with 50 or more full-time employees will be required to offer benefit plans, or face fines. CNBC's Bertha Coombs takes a closer look at one small business, Batchbook, navigating Obamacare.

  • Cut Coverage or Hours? Firms Face Obamacare Wednesday, 13 Feb 2013 | 10:01 AM ET

    For large retail and restaurant chains the big unknown in the year ahead is how much more they'll pay for health coverage. Employers with 50 or more workers who put in 30 hours a week will be required to provide health care coverage or pay a fine, under the Affordable Care Act.

  • US Business Inventories Tick Higher, but Miss Forecast Wednesday, 13 Feb 2013 | 10:01 AM ET

    U.S. business inventories edged up in December as sales pushed higher, confirmation that a slow pace of warehouse restocking weighed on economic activity.

  • Comcast CEO: 'Bullish and Optimistic' About NBCU Wednesday, 13 Feb 2013 | 9:51 AM ET
    Rockefeller Center

    Comcast Chairman and CEO Brian Roberts told CNBC on Wednesday that he's "bullish and optimistic" about the prospects for NBCUniversal.

  • As Rich Get Thrifty, Supercar Salesmen Work Harder Wednesday, 13 Feb 2013 | 9:09 AM ET
    Visitors look at a Rolls-Royce Phantom luxury automobile.

    In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.

  • Merck Sees $200 Million Hit to 2013 Results on Venezuela Wednesday, 13 Feb 2013 | 9:05 AM ET

    Drugmaker Merck said Wednesday that the devaluation of Venezuela's currency will reduce its net income by about $200 million this year.

  • Deere Earnings Beat Estimates on Strong Demand Wednesday, 13 Feb 2013 | 8:58 AM ET
    John Deere Hybrid Tractor

    Deere, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the biggest corn crop in U.S. history.

  • Higher Taxes Put the Brakes on Retail Spending Wednesday, 13 Feb 2013 | 8:33 AM ET

    Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.

  • Whole Foods John Mackey: Obamacare Likely to Raise Costs Wednesday, 13 Feb 2013 | 8:26 AM ET
    John Mackey

    The problem, Mackey explained, is that the type of benefit plans the government will likely mandate, will require more benefit coverage than he provides now.

  • Conditions on Disabled Cruise Ship in Dispute Wednesday, 13 Feb 2013 | 7:55 AM ET
    The cruise ship Carnival Triumph sits idle February 11, 2013 in the Gulf of Mexico. According to the Coast Guard, the ship lost propulsion power February 10, after a fire broke out in the engine room.

    A cruise line said it is making the passengers stranded aboard a disabled ship in the Gulf of Mexico as comfortable as possible, contradicting the accounts of some passengers who told relatives of filthy, hot conditions and limited access to food.

  • Mid-Turnaround, J.C. Penney Boosts Borrowing Capacity Wednesday, 13 Feb 2013 | 7:42 AM ET

    Retailer J.C. Penney increased its borrowing capacity under a bank credit facility by $100 million to $1.85 billion and expanded an option to borrow more at a later date, raising concerns among analysts as it works on a turnaround.

  • US Mortgage Applications Slumped Last Week as Rates Rose Wednesday, 13 Feb 2013 | 7:03 AM ET
    Mortgage application

    Applications for U.S. home mortgages fell last week, with purchase and refinance demand drying up as interest rates rose for the fourth week in a row, an industry group said on Wednesday.

  • Detroit. Michigan

    Detroit Mayor Dave Bing, delivers speech on Wednesday to avoid losing much of his authority to a state takeover of the city's financial affairs.

  • As gasoline prices soar, consumers are blaming hedge funds who have been amassing winning bets on oil.

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