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  • Bankrupt Energy Future will soon propose auction process Wednesday, 27 Aug 2014 | 5:25 PM ET

    Aug 27- Energy Future Holdings, the big Texas power company that filed for bankruptcy in April, said it will present a proposal for auctioning the company after it scrapped an earlier plan to exit Chapter 11 under control of unsecured creditors.

  • WASHINGTON, Aug 27- Conservatives in the U.S. Congress who object to President Barack Obama's immigration policies are threatening to tie a must-pass budget bill to the issue, making for a possible showdown in September and raising the specter of a government shutdown. One year ago, Congress faced a similar task.

  • Immigration could set stage for big U.S. budget showdown Wednesday, 27 Aug 2014 | 3:31 PM ET

    WASHINGTON, Aug 27- Conservatives in the U.S. Congress who object to President Barack Obama's immigration policies are threatening to tie a must-pass budget bill to the issue, making for a possible showdown in September and raising the specter of a government shutdown. One year ago, Congress faced a similar task.

  • Elizabeth Arden mulls investment firm tender offer Wednesday, 27 Aug 2014 | 2:30 PM ET

    NEW YORK— Elizabeth Arden Inc. said Wednesday that investment holdings affiliated with Rhone Capital L.L.C. began a partial tender offer to acquire about 20 percent of the company's stock at $17 a share. Rhone Capital had said that it advised Elizabeth Arden it would agree to increase its ownership of the company's common stock over time.

  • Aug 27- Overheating worries at home are driving Canada's homebuilders south of the border where they buy up rural land, betting on a recovery in the U.S. suburban housing market even as many local players remain on the sidelines.

  • Correction: Dwindling Bathhouses story Wednesday, 27 Aug 2014 | 11:33 AM ET

    LOS ANGELES— In a story Aug. 23 about the declining number of gay bathhouses The Associated Press reported erroneously that Todd Saporito, the CEO of Ohio- based Flex Spas, ran the Gay Games that were held in Cleveland. LOS ANGELES— Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open.

  • Chico's misses Street 2Q forecasts Wednesday, 27 Aug 2014 | 11:00 AM ET

    FT MYERS, Fla.— Chico's FAS Inc. on Wednesday reported fiscal second-quarter earnings of $30.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Analysts expected $677.9 million, according to Zacks.

  • 3 ways insurers can discourage sick from enrolling Wednesday, 27 Aug 2014 | 10:35 AM ET

    Insurers can no longer reject customers with expensive medical conditions thanks to the health care overhaul, but there's still wiggle room for them to discourage the sickest and costliest patients from enrolling.

  • 10 things to know about corporate inversions Wednesday, 27 Aug 2014 | 3:06 AM ET

    WASHINGTON— Burger King plans to become is the latest U.S. company to shift its legal address out of the country by merging with a foreign company. Burger King has announced plans to buy Tim Hortons, the Canadian coffee-and-doughnut chain.

  • SpaceX delays launch after test rocket explosion Tuesday, 26 Aug 2014 | 11:08 PM ET

    CAPE CANAVERAL, Fla. Aug 26- Space Exploration Technologies will delay the launch of its next Falcon 9 rocket by up to two weeks following Friday's explosion of a related prototype vehicle during a flight test, officials said on Tuesday.

  • So Buffett's participation in fast-food chain Burger King Worldwide Inc's purchase of coffee and doughnut chain Tim Hortons Inc- complete with relocation of Burger King's domicile to Canada- might at first blush raise questions about his patriotism.

  • Business Highlights Tuesday, 26 Aug 2014 | 5:41 PM ET

    Burger King plans expansion of Tim Hortons. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain.

  • Tech Data tops Street 2Q forecasts Tuesday, 26 Aug 2014 | 12:56 PM ET

    CLEARWATER, Fla.— Tech Data Corp. on Tuesday reported fiscal second-quarter earnings of $39.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Analysts expected $6.75 billion, according to Zacks.

  • American, US Airways will stop listing on Orbitz Tuesday, 26 Aug 2014 | 12:42 PM ET

    FORT WORTH, Texas— American Airlines and US Airways are pulling flight listings from Orbitz- run websites in a long-running dispute over fees that the travel company charges to list and sell the flights. American said that it had already dropped its fares from Orbitz and that US Airways listings would be pulled on Monday.

  • Hurricane Cristobal gains, heads toward Bermuda Tuesday, 26 Aug 2014 | 12:37 PM ET

    SAN JUAN, Puerto Rico— Hurricane Cristobal hurled heavy rains across Atlantic and Caribbean islands on Tuesday as it headed toward Bermuda, and officials said the storm already had caused at least five deaths. The storm had maximum sustained winds of 75 mph, but it was expected to strengthen slightly by Thursday after passing northwest of Bermuda.

  • TORONTO, Aug 26- Burger King Worldwide Inc announced plans to buy Canadian coffee and doughnut chain Tim Hortons Inc for C $12.64 billion in a cash-and-stock deal that would create the world's third-largest fast-food restaurant group.

  • US home price gains slow in June Tuesday, 26 Aug 2014 | 9:11 AM ET

    Las Vegas led with a 15.2 percent gain. But prices in Las Vegas, Phoenix, Miami and Tampa, Florida, are still at least 33 percent below their housing bubble peaks of almost a decade ago. But buying remains 4.3 percent below the July 2013 level, according to the National Realtors Association.

  • Burger King plans expansion of Tim Hortons Tuesday, 26 Aug 2014 | 7:55 AM ET

    Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain.

  • Florida condo's name gets tainted by extremists Tuesday, 26 Aug 2014 | 3:02 AM ET

    ISIS is also one of the names for the al-Qaida splinter group behind the recent beheading of American journalist James Foley. The Palm Beach Post reports the new building is now being called 3 Thirty Three Downtown. Information from: The Palm Beach Post, http://www.pbpost.com.

  • Business Highlights Monday, 25 Aug 2014 | 5:58 PM ET

    Burger King may move to Canada. NEW YORK— Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada.