U.S. News


  • In bet on luxury, Saks draws $2.4 billion bid Monday, 29 Jul 2013 | 7:24 AM ET

    Saks agreed to sell itself to Hudson's Bay Co., the Canadian parent of Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales.

  • BMW's new i3 battery car targets urbanites Monday, 29 Jul 2013 | 6:28 AM ET
    BMW i3 detail

    One look at the BMW i3 and you'll know this is not your typical BMW.

  • Amazon.com goes on hiring spree in 13 states Monday, 29 Jul 2013 | 6:03 AM ET
    An employee stacks boxes filled with merchandise for shipment at the Amazon.com Inc. distribution center in Phoenix, Ariz.

    Amazon.com said it is adding 7,000 jobs in 13 states, beefing up staff at the warehouses where it fills orders, and in its customer service division.

  • House bill aims its sights at Iran's energy sector Monday, 29 Jul 2013 | 6:00 AM ET
    Iran's 50000 Rials with a portrait of Ayatollah Ruhollah Khomeini.

    Congress is poised to increase the economic pressure on Iran and its nuclear program in a vote expected to take place late next week.

  • SAC's Cohen throws a party, despite indictment Monday, 29 Jul 2013 | 5:46 AM ET
    Steve Cohen's, Chairman and CEO of SAC Captial Advisors LP, Hampton's home.

    Steven A. Cohen did not let the filing of criminal charges against his SAC Capital Advisors get in the way of a party this weekend at his vacation estate.

  • More Americans say sequester hurts: NBC-WSJ poll Monday, 29 Jul 2013 | 5:34 AM ET

    Heading into another budget battle, more Americans say they have been negatively affected by the sequester budget cuts, an exclusive poll found.

  • US gas prices are doing this for 1st time 10 weeks Monday, 29 Jul 2013 | 5:10 AM ET
    Gas prices displayed in Los Angeles on July 16.

    The average price of a gallon of gas in the U.S. rose for the first time in 10 weeks, as retailers passed on higher wholesale costs to consumers, according to a survey.

  • Summers as next Fed chief? Brace for swings Monday, 29 Jul 2013 | 3:52 AM ET
    Lawrence Summers

    If Larry Summers is appointed as the next head of the Fed, markets that have been expecting the dovish Janet Yellen to be the next central bank chief could be jolted.

  • Mad Men? Rivals question $35 billion ad deal Monday, 29 Jul 2013 | 3:04 AM ET

    The multi-billion dollar merger between advertising giants Publicis and Omnicom will create the world's largest ad agency but their competitors brushed off concerns about a more powerful rival on Monday.

  • US drugmaker Perrigo to buy Ireland's Elan Monday, 29 Jul 2013 | 2:43 AM ET

    U.S. generic drugmaker Perrigo agreed to buy fellow drug company Elan for $8.6 billion on Monday in a deal that will hand it royalty rights from a blockbuster treatment and tax savings from being domiciled in Ireland.

  • Would you pay to use Twitter? Friday, 26 Jul 2013 | 4:54 PM ET

    Would you pay to use micro-blogging site Twitter? If yes, how much would you pay per month?

  • Stocks bounced back from their lows Friday, with the Dow squeezing out its fifth-consecutive weekly rally, as investors digested the latest batch of mixed earnings and ahead of a busy economic calendar next week.

  • West Coast unseats Ivies atop a best colleges list Friday, 26 Jul 2013 | 4:18 PM ET
    Stanford University campus

    There is a shift toward the West Coast this year at the top of the America's Top Colleges list compiled by Forbes magazine. What's unchanged is the hefty price.

  • Zynga folds on U.S. gambling bet, shares plunge Friday, 26 Jul 2013 | 4:14 PM ET

    Zynga said Thursday it will largely abandon its long-running efforts to build a real-money gaming business in the United States, prompting shares to drop.

  • Meredith Whitney finally right about muni bonds? Friday, 26 Jul 2013 | 3:40 PM ET
    Protesters stand outside the Theodore Levin United States court house in opposition to the city of Detroit filing for bankruptcy.

    Municipal bond investors are wringing their hands, worried that rising rates and Detroit's bankruptcy will undercut prices. Could muni owners lose their preferred status?

  • Wall Street wants Yellen, not Summers, to run Fed Friday, 26 Jul 2013 | 3:35 PM ET
    Janet Yellen

    Wall Street overwhelmingly believes President Obama will and should pick Janet Yellen to be the next chairman of the Federal Reserve, according to a CNBC survey.

  • Auto insurers don't play fair with customers: study Friday, 26 Jul 2013 | 2:23 PM ET

    A top consumer group blasted insurance companies that use education and occupation to set rates for auto coverage, calling it "unfair and discriminatory."

  • In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about today's market and his expectations for high-profile events in the week ahead.

  • Why insider trading should be legal Friday, 26 Jul 2013 | 12:11 PM ET

    The Washington Post's Wonkblog joins the noble campaign to legalize insider trading, arguing that it doesn't harm anyone and makes markets more efficient. It's time to roll back this policy mistake.

  • Schultz: I'm not losing sleep over Dunkin' Donuts Friday, 26 Jul 2013 | 10:20 AM ET
    Howard Schultz, chairman and CEO of Starbucks

    As Dunkin' Brands unveils plans for expansion, Starbucks CEO Howard Schultz said he isn't worried about competition from other big brands edging into coffee service.

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