JPMorgan Chase & Co and Bank of America are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said.» Read More
*Aims to challenge dominance of New York and London. The strong response from foreign players will boost efforts by China- also the world's biggest producer of gold- to gain pricing power over the metal and to challenge the dominance of London and New York in trading.
NEW YORK— Jell-O has lost its jiggle and nobody knows how to fix it. Americans of all ages are familiar with the famous "J-E-L-L-O" jingle and TV ads featuring comedian Bill Cosby. Executives at Kraft Foods, which owns Jell-O, say they're confident they can revitalize the brand.
NEW YORK— What if Michael Brown's last moments had been recorded? "This is a technology that has a very real potential to serve as a check and balance on police power," says Jay Stanley, senior policy analyst at the American Civil Liberties Union.
CRANSTON, R.I.— Farming is hip in New England. Farmers and industry experts agree New England is bucking a trend toward larger, but fewer, farms because many of its residents want to buy their food locally and its entrepreneurs want to produce it.
Aug 21- U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation said.
*ECB Draghi also due to speak at Jackson Hole. SYDNEY, Aug 22- The dollar hovered just below its 2014 peak against a basket of major currencies early on Friday, with bulls turning cautious ahead of a speech by Federal Reserve Chair Janet Yellen.
NEW YORK/ LOS ANGELES, Aug 21- A clutch of states including California, New York and Illinois will share in a mini-bonanza from the $16.65 billion settlement agreed by Bank of America Corp on Thursday.
NEW YORK— Aeropostale Inc. on Thursday reported a fiscal second-quarter loss of $63.8 million, and its shares fell in extended trading after the company forecast a bigger-than-expected loss for the current quarter.
Autozone Inc. fell$. 18 or percent, to $537.78. Bed Bath& Beyond Inc. rose$. 02 or percent, to $63.74. Best Buy fell$. 21 or. 7 percent, to $31.13.
Brinker International Inc. rose$. 22 or. 5 percent, to $48.67. Chipotle Mexican Grill Inc. rose $2.66 or. 4 percent, to $681.07. Darden Restaurants Inc. rose$. 02 or percent, to $47.45.
Colgate-Palmolive Co. rose$. 14 or. 2 percent, to $64.81. Kimberly-Clark Corp. rose$. 61 or. 6 percent, to $109.18. Procter& Gamble Co. rose$. 47 or. 6 percent, to $83.28.
Hecla Mining Co. fell$. 03 or. 9 percent, to $3.26. Pan American Silver Corp. fell$. 22 or 1.5 percent, to $14.03. Silver Standard Resources Inc. fell$. 33 or 3.5 percent, to $9.07.
Kohl's Corp. rose$. 41 or. 7 percent, to $59.29. Macy's Inc. rose$. 61 or 1.0 percent, to $60.70. Nordstrom rose$. 54 or. 8 percent, to $68.93.
eBay rose $2.49 or 4.7 percent, to $55.89. Groupon Inc. fell$. 02 or. 3 percent, to $6.23. LinkedIn Corp. rose $1.28 or. 6 percent, to $219.20.
CVSCaremark fell$. 63 or. 8 percent, to $78.98. Rite Aid fell$. 03 or. 5 percent, to $6.40. Walgreen fell$. 93 or 1.5 percent, to $61.07.
Apple Inc s rose$. 01 or percent, to $100.58. Hewlett Packard Co. rose $1.88 or 5.4 percent, to $37.00. International Business Machines Corp. rose $1.13 or. 6 percent, to $191.23.
Boeing rose$. 15 or. 1 percent, to $127.50. Lockheed Martin Corp. fell$. 21 or. 1 percent, to $175.10. Northrop Grumman Corp. fell$. 14 or. 1 percent, to $128.03.
Canadian National Railway Co. fell$. 18 or. 3 percent, to $69.30. Canadian Pacific Railway Ltd. fell$. 30 or. 1 percent, to $199.92. Kansas City Southern fell$. 26 or. 2 percent, to $114.26.
Comcast Corp. fell$. 20 or. 4 percent, to $54.44. Walt Disney Co. rose$. 54 or. 6 percent, to $90.38. Gannett fell$. 33 or 1.0 percent, to $33.86.
Costco Wholesale Corp. rose$. 71 or. 6 percent, to $121.62. Target rose$. 74 or 1.2 percent, to $61.07. Wal-Mart Stores Inc. rose$. 59 or. 8 percent, to $75.55.