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  • Tesla—the other one—nets a big crowdfunding win Saturday, 18 Oct 2014 | 11:00 AM ET
    A film still from the documentary “Tower to the People” shows how Nikola Tesla’s Wardenclyffe lab may have looked on Long Island before his wireless transmission tower was torn down in 1917.

    The last remaining lab of "mad scientist" Nikola Tesla will open it doors to the public this summer after a fundraising campaign saved the site.

  • Oct 16- Delta Air Lines Inc's quarterly profit slumped 74 percent as higher operating expenses did not allow the U.S. airline to take advantage of strong business and leisure travel. The Atlanta- based airline also booked a $134 million loss on extinguishment of debt and set aside $222 million as income tax provision. Net income dropped to $357 million, or 42 cents...

  • Delta Air Lines profit slumps Thursday, 16 Oct 2014 | 7:52 AM ET

    Oct 16- Delta Air Lines Inc's quarterly profit fell 74 percent to $357 million, partly due to a jump in operating expenses.

  • UPDATE 1-Burger chain Habit Restaurants files for IPO Thursday, 16 Oct 2014 | 7:12 AM ET

    Oct 16- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, filed with U.S. regulators on Thursday for an initial public offering of common stock. The Irvine, California- based company listed Piper Jaffray, Baird and Wells Fargo among the underwriters to the IPO. The company, which operates the Habit Burger Grill chain of restaurants, offers...

  • Burger chain Habit Restaurants files for IPO Thursday, 16 Oct 2014 | 6:25 AM ET

    Oct 16- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, filed with U.S. regulators on Thursday to raise up to $86.3 million in an initial public offering of common stock. The Irvine, California- based company listed Piper Jaffray, Baird and Wells Fargo among the underwriters to the IPO. The amount of money a company says it plans to raise in...

  • Booze price hike irks Va. consumers, restaurants Thursday, 16 Oct 2014 | 3:56 AM ET

    Terry McAuliffe has directed the Department of Alcoholic Beverage Control to hike the costs of liquor. Virginia saw record alcohol sales of $801 million in the latest fiscal year— the 16th consecutive year of record-breaking sales. "It just makes it harder for consumers to go out and spend money," said Travis Croxton, co-owner of Rappahannock River Oyster Co.,...

  • Taco Bell tests Sriracha flavored items Wednesday, 15 Oct 2014 | 12:40 PM ET

    Taco Bell is testing a new menu that promises just that, looking to tap into the cult following for the red Thai hot sauce known as Sriracha. Taco Bell, which is owned by Yum Brands Inc., has been on a strong run since rolling out its Dorito-flavored tacos in 2012. Since then, it has looked to build on the success with a variety of new offerings, including snacks intended...

  • Ann shares rise after disclosing Golden Gate pact Tuesday, 14 Oct 2014 | 6:52 PM ET

    NEW YORK— Shares of Ann Inc. rose in extended trading Tuesday after the women's clothing chain said it had a deal to provide confidential company information to one its investors, Golden Gate Capital. The private equity firm also has invested in Eddie Bauer and California Pizza Kitchen. This year it bought the Red Lobster chain from Darden Restaurants Inc. for...

  • UPDATE 1-Darden Restaurants names Gene Lee interim CEO Tuesday, 14 Oct 2014 | 10:53 AM ET

    Oct 14- Darden Restaurants Inc named Chief Operating Officer Gene Lee as its interim chief executive, barely a week after activist shareholder Starboard Value LP won its standoff with the company and convinced shareholders to replace the entire board of directors. He has previously led a similar search for office products retailer Office Depot Inc, and is...

  • Darden Restaurants names Gene Lee interim CEO Tuesday, 14 Oct 2014 | 9:56 AM ET

    Oct 14- Darden Restaurants Inc said Chief Operating Officer Gene Lee would take over as its interim chief executive, replacing Clarence Otis. The company said on Tuesday its new board of directors has also appointed activist-investor Starboard Value LP's Jeffrey Smith as independent non-executive chairman. Starboard last week won its standoff with Darden,...

  • That was an easy choice recently for Glenda Oakley, 31, who stayed at a Westin hotel in Charlotte, North Carolina. "I don't need extra towels... or someone else to make my bed daily," said Oakley, an Army veteran and motivational speaker from San Antonio, Texas. Also on board are an assortment of independent properties, like the Amway Grand Plaza in Grand Rapids, Michigan;...

  • Domino's quarterly profit tops Wall Street view Tuesday, 14 Oct 2014 | 7:31 AM ET

    Oct 14- Domino's Pizza Inc on Tuesday reported a quarterly profit that topped Wall Street's estimates, boosted by strong results overseas and its home market of the United States, where rival Pizza Hut is struggling. The second-largest U.S. pizza chain by store count said net income rose to $35.6 million, or 63 cents per share, in the third quarter ended Sept. 7 from...

  • Del Frisco's beats 3Q net income expectations Tuesday, 14 Oct 2014 | 6:12 AM ET

    SOUTHLAKE, Texas _ Del Frisco's Restaurant Group Inc. on Tuesday reported third-quarter profit of $1.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Analysts expected $62 million, according to Zacks.

  • McDonald's invites icky questions about its food Monday, 13 Oct 2014 | 1:04 PM ET

    NEW YORK— McDonald's wants to explain why its burgers may not rot and that there are no worms in its beef. The world's biggest hamburger chain is confronting unappetizing questions as part of a U.S. campaign to beat back perceptions that it serves Frankenfood. The company has run similar campaigns in Canada and Australia and said Monday it's bringing the effort...

  • PARIS, Oct 13- Accor, Europe's largest hotel group, is among potential buyers of No. 2 budget operator Louver Hotels, which owner U.S. investment group Starwood Capital is seeking to sell, a source close to the matter said on Monday. French daily Les Echos said on Monday that Starwood was seeking buyers for Louver Hotels and that Accor was among those that had...

  • PARIS, Oct 13- Accor, Europe's largest hotel group, is among potential buyers of No. 2 budget operator Louvre Hotels, which owner U.S. investment group Starwood Capital is seeking to sell, a source close to the matter said on Monday. French daily Les Echos said on Monday that Starwood was seeking buyers for Louvre Hotels and that Accor was among those that had...

  • Myanmar's first KFC restaurant to open in 2015 Monday, 13 Oct 2014 | 4:20 AM ET

    SINGAPORE, Oct 13- Yum Brands Inc is partnering with Singapore- listed Yoma Strategic Holdings Ltd to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market. Yoma, a Myanmar- focused diversified real estate company, said the KFC franchise would initially focus on Yangon, the country's...

  • How to get the vapors when you're on vacation Saturday, 11 Oct 2014 | 11:00 AM ET
    A man smokes an electronic cigarette in Miami.

    E-cig consumption is on track to pass regular cigarettes in a decade, but for now, rules on where you can smoke are often unclear.

  • The one thing guarding you from a bedbug apocalypse Saturday, 11 Oct 2014 | 9:31 AM ET

    Bedbugs have not gone away, they've just found new places to hide. But the answer to the problem might be closer than you think.

  • UPDATE 1-Sears detects data breach at Kmart unit Friday, 10 Oct 2014 | 6:36 PM ET

    Oct 10- Retailer Sears Holdings Corp said the payment data system at its Kmart unit had been breached, and that certain debit and credit card numbers could have been compromised. On Thursday, restaurant chain Dairy Queen, owned by Berkshire Hathaway Inc, confirmed that it may have compromised payment card information of customers across 46 U.S. states.