CNBC contributor Carol Roth, and Kevin O'Leary, Shark Tank investor, share their opinions on news California has become the first state to ban usage of plastic bags.» Read More
Love inspires students to keep coming back for more lessons and brings in more than a quarter of the studio's revenue, says Bisconti, owner of a Fred Astaire Dance Studio in Willoughby, Ohio.
WASHINGTON— The maker of the much-debated painkiller Zohydro is seeking approval of a harder-to-abuse version of its drug which, if approved, could replace the currently marketed version of the pill by next spring.
GRANTS PASS, Ore.— State water regulators have denied a permit sought by a mining company trying to develop nickel ore deposits in southwestern Oregon. Red Flat Nickel Corp. is trying to develop a nickel mine on the Rogue River-Siskiyou National Forest. The remote site is in the headwaters of the Smith River in Northern California.
FRANKFURT, Oct 1- German insurer Allianz, still smarting from the sudden resignation of Bill Gross, founder of its Pimco asset management unit, is expected to break its own age rules by extending the contract of Chief Executive Michael Diekmann on Thursday.
OLYMPIA, Wash.— Washington state's minimum wage will increase by 15 cents to $9.47 an hour starting on New Year's Day. While the state's current rate of $9.32 an hour is already the highest state minimum wage in the nation, a few cities have their own laws and have higher rates, like San Francisco, whose current rate is $10.74.
NEW YORK— Burned by the stock-market crash during the financial crisis, investors have poured a trillion dollars into bond funds in the past six years. They like the interest payments that bonds throw off, and that their prices barely move day to day. BIG INVESTORS RETREAT: The biggest owners in many bond sectors are small Main Street investors.
NEW YORK— A bottleneck is building in the global market for bonds. Main Street investors have poured a trillion dollars into bonds since the financial crisis, and helped send prices soaring. BlackRock, the world's largest fund manager, is suggesting regulators consider new fees for investors pulling out of funds.
Oct 1- Shares of Vivint Solar Inc, the second-largest installer of residential solar panels in the United States, rose as much as 9 percent in their market debut on the New York Stock Exchange, valuing the company at about $1.84 billion.
FRESNO, Calif.— Authorities in central California are searching for those who broke into a Foster Farms chicken ranch and used a golf club to kill more than 900 birds. Fresno County sheriff's officials said Tuesday that deputies arrived at the facility in Caruthers, less than 20 miles south of Fresno, on Sept. 20 and found hundreds of birds slaughtered.
SACRAMENTO, Calif.— A federal judge could rule Wednesday on a bankruptcy exit plan for Stockton, an inland port city in California that in 2012 became the largest city in the U.S. to file for Chapter 9 protection before Detroit filed last year. "We're looking forward to exiting bankruptcy and implementing our plan," said Connie Cochran, a Stockton spokeswoman.
NEW YORK— General Mills plans to cut approximately 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals. General Mills Inc. anticipates the current restructuring to be completed by fiscal 2015' s end.
Transgender characters are featured on cable and Internet fare such as the online series "Orange Is the New Black" from Netflix and "Transparent" from Amazon, the media advocacy group said. ABC, which had tied with Fox for first last year at 5.4 percent, dropped to 4.5 percent.
NEW YORK, Oct 1- For the first time in three years, Daniel Streetman is buying coffee beans in bulk from Colombia, exploiting low comparative prices and reflecting new flexibility by U.S. roasters who had become over reliant on a single country for premium arabica. Instead he bought more from El Salvador, Guatemala and Honduras.
Zipping cross-country in a super-high-speed train has become commonplace in many countries these days, but it was unheard of when Japan launched its bullet train between Tokyo and Osaka 50 years ago Wednesday.
LOS ANGELES— If you're about to Google Jimmy Kimmel, beware. Computer security company McAfee says the talk show host is the most dangerous celebrity to search for online. Other celebrities McAfee deems dangerous this year include Ciara, Flo Rida, Bruce Springsteen, Chelsea Handler and Christina Aguilera.
SAN FRANCISCO, Sept 30- Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO.
School spending by affluent is widening wealth gap. WASHINGTON— Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways:.
RIO DE JANEIRO, Sept 30- Anglo American Plc said on Tuesday that it obtained a Brazilian license to start operating its long-delayed, $14 billion Minas-Rio iron ore mining project, which is expected to enable its first shipment of ore by year-end.
LOS ANGELES, Sept 30- While the U.S. restaurant industry fights national and state efforts to increase the minimum wage, a new survey released on Tuesday showed that 83 percent of restaurant patrons support raising it and adjusting it annually for inflation.
Jerry Brown on Tuesday signed the nation's first statewide ban on single-use plastic shopping bags, following the lead of more than 100 California cities and counties. The fight between environmentalists and manufacturers is not over, as plastic bag makers vow to take their opposition to the ballot box.