Former NBA star Vin Baker is now training to manage a Starbucks franchise in Rhode Island, the Providence Journal reports.» Read More
Washington Post columnist John Pomfret argues the recent test flight of the J-20 stealth fighter just hours before U.S. Defense Secretary Robert M. Gates met with Chinese President Hu Jintao was a blunt challenge by the military establishment to Hu's power. Pomfret surmises there is chaos within China's political circles because it appeared to Gates that Hu did not know of the test. Pomfret's hypothesis would certainly be a scary if true.
After talking to analysts and industry insiders, it’s clear the true potential impact of rising food costs on the bottom line and the prospects of unexpectedly higher gas prices on the top line have not yet been fully factored into the stocks.
Beijing’s push for innovation have encouraged the rise of domestic players, arguably at the expense of foreign ones. A CNBC contributor tells us what China needs to do to retain foreign investment.
For the first time in its public discussions of single-serve, Starbucks specifically mentioned Green Mountain by name in an internal memo today.
Consumer food stocks from Hershey and Kraft Foods to McDonald's and Starbucks say that rising commodity costs are eating into their bottom lines.
Stocks closed lower Tuesday, retreating from multi-year highs, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December and a spike in import prices. Exxon fell, while Verizon rose.
Stocks retreated from multi-year highs on Tuesday, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December. Exxon fell, while Verizon rose.
As Starbucks gets closer to announcing a single-serve coffee, investors are trying to figure out which company Starbucks will partner with.
Stocks ended narrowly mixed, which is how the market traded much of the session, amid light volume and little economic news. Wal-Mart fell, while Exxon Mobil rose.
Stocks turned positive in the final minutes of trading after moving in a narrow range amid very light volume for most of a session lacking in much economic news.
Stocks continued to trade narrowly mixed amid a session lacking much economic news and following a second straight week of solid gains as the markets considered what's next for the Middle East. Wal-Mart and Verizon fell, while Alcoa rose.
The protests in Egypt are unsettling regimes around the world as thousands of everyday Egyptians rise and declare that they want an end to President Hosni Mubarak’s 30-year rule. Time will tell if Mubarak’s regime really will collapse or be forced to undertake major reforms, but what is true is there are lessons for China's leaders as well as those through the Middle East.
When push comes to shove, Doug Kass can’t put that bear suit away in the closet. At least not yet. He just can’t shake 3 big concerns.
Arguably, the United States now has a corporate tax code that’s the worst of all worlds. The official rate is higher than in almost any other country, which forces companies to devote enormous time and effort to finding loopholes. Yet the government raises less money in corporate taxes than it once did, because of all the loopholes that have been added in recent decades. The New York Times reports.
Stocks ended up slightly as the major indices failed to close above significant benchmarks soon after Microsoft, in a surprise move, released earnings before the bell. GE and Home Depot rose, while P&G fell.
Stocks fell back after trading above significant benchmarks just before the close amid mixed economic and earnings news and light trading as the Northeast dug out from another major snowstorm. GE and United Technologies rose, while P&G fell.
Stocks turned slightly positive in the wake of both positive and negative economic and earnings news, after the major indices hit psychologically important benchmarks earlier in the session.
We live in awkward times—and I've got proof with these stories.
Stock index futures traded essentially flat after an unexpected surge in jobless claims took the wind out of the market, which had risen higher after Caterpillar easily beat both profit and revenue expectations.
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.