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  • *First-quarter GDP revised down to show contraction. *GDP shrinks at a 0.7 percent annual rate. WASHINGTON, May 29- The U.S. economy contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls, a resurgent dollar and disruptions at West Coast ports, but activity already has rebounded modestly.

  • *First-quarter GDP revised down to show contraction. *GDP shrinks at a 0.7 percent annual rate. WASHINGTON, May 29- The U.S. economy contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity has rebounded modestly.

  • At least 20 years in prison awaits Silk Road founder Friday, 29 May 2015 | 1:06 AM ET

    NEW YORK— Prosecutors are asking a Manhattan judge to sentence a San Francisco man who created the online drug-peddling site Silk Road to decades in prison, while the defendant is asking to be freed soon enough to show he's a changed man. He said he ruined his life and destroyed his future by what he now calls his "terrible mistake," and he promised to no longer be the "...

  • SAN FRANCISCO— Apple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Apple on Thursday confirmed the purchase of Munich- based...

  • Stocks end lower as Greece weighs, transports lag Thursday, 28 May 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed Thursday's trading session down as a lack of resolution on Greece debt talks and declining transports weighed.

  • Chobani CEO pledges to donate most of wealth Thursday, 28 May 2015 | 10:47 AM ET

    NEW YORK— Chobani founder and CEO Hamdi Ulukaya says he will join some of the world's richest individuals in pledging to give away at least half his wealth, which has been estimated at $1.41 billion. The Turkish-born yogurt entrepreneur is making the commitment as part of The Giving Pledge, which was created by Berkshire Hathaway CEO Warren Buffett and...

  • US stocks regain ground a day after a slump Wednesday, 27 May 2015 | 4:12 PM ET

    NEW YORK— The U.S. stock market is regaining some of the ground it lost the day before, when the market had its biggest slump in three weeks. Microsoft, Apple and Intel had the biggest gains in the Dow Jones industrial average. U.S. crude gave up 52 cents to close at $57.10 a barrel.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, recovering from Tuesday's selloff, as Greece news cheered investors amid a slight pause in the dollar and yield climb.

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. May 27- U.S. stocks were on track for their strongest daily gain in two weeks on Wednesday, led by technology and healthcare stocks and hopes that Greece would avoid defaulting on its debt.

  • US STOCKS-Wall St rises as Greece worries abate Wednesday, 27 May 2015 | 1:26 PM ET

    *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales; weighs on rivals. May 27- U.S. stocks rose higher in afternoon trading on Wednesday, on track for their best day since mid-May, on reports that Greece would avoid a default.

  • US stocks move higher in midday trade, day after a slump Wednesday, 27 May 2015 | 12:01 PM ET

    NEW YORK— The U.S. stock market is moving higher in midday trading, making back some of the ground it lost the day before. Apple, Microsoft and Intel had the biggest gains in the Dow Jones industrial average. The Dow was up 114 points, or 0.6 percent, to 18,154 as of 11:45 a.m. Eastern time Wednesday.

  • Bet on these trends: Top tech investor Wednesday, 27 May 2015 | 11:41 AM ET
    Apple Watch CNBC app.

    Kevin Landis, the top-performing fund manager in the "Squawk Box" Platinum Portfolio Challenge, up 34 percent this year, explains how he picks winning trades.

  • Love not war wins for small businesses and large companies Wednesday, 27 May 2015 | 11:14 AM ET

    Boston Beer Co., maker of Sam Adams, mentors and lends money to small craft brewers. "The best way for us to grow at Sam Adams is by having more craft beers out there," Boston Beer Chairman Jim Koch says. Instead of feeling threatened and trying to crush smaller rivals that could take revenue from them, corporations like Microsoft Corp., Boston Beer and General Mills...

  • NEW YORK, May 27- Long before the phrase "robo-adviser" existed, Sunnyvale, California- based Financial Engines was cornering the untapped 401 plan market with computer simulations to help people save for retirement. To hang onto those investors- and find others- Financial Engines is planning to go up against other so-called "robo-advisers," companies that use...

  • GUIYANG, China/ SHANGHAI, May 26- Uber Technologies Inc is leading a charm offensive in China even as the controversial U.S. ride-hailing app valued at $40 billion battles with raids on its offices and a crackdown on its drivers deemed to be operating illegally. Speaking at a technology conference in southern China, CEO Travis Kalanick called on local...

  • Media CEOs dominate ranks of top-paid executives Tuesday, 26 May 2015 | 6:00 AM ET

    The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, the pay-TV channel operator that is home to "Shark Week." Les Moonves, of CBS, held on to second place in the rankings, despite a drop in pay from a year earlier. The remaining four CEOs, from entertainment giants Viacom, Walt Disney, Comcast and Time Warner, have...

  • These brands are the most valuable   Monday, 25 May 2015 | 7:00 PM ET
    These brands are the most valuable

    The world's top 100 brands are worth over $3.3 trillion dollars and tech brands nearly a third of that. But which brands are the most valuable? CNBC finds out.

  • *Core inflation highest since January 2013. *Microsoft down after report of Salesforce deal talks. May 22- U.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street's expectations.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower on Friday as investors eyed inflation data and Fed Chair Yellen's speech ahead of the long weekend.

  • *Microsoft was willing to offer about $55 bln- CNBC. May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. A potential bidder can go up to $70 billion on the high end and Microsoft, Oracle Corp and Amazon.com Inc are the companies most likely to be suitors,...