Oil fell on Tuesday after surging the most on record following attacks on Saudi's oil industry that disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
Canaccord Genuity's Tony Dwyer says Americans are spending less than ever on their fuel needs.Trading Nationread more
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production.Economyread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
In recent months, the FTC and DOJ have launched sweeping investigations into potential anti-competitive behavior among the tech giants. But lawmakers worry those efforts are...Technologyread more
UPDATE: A judge has denied the bid for a temporary restraining order and scheduled a hearing for Nov. 22 on an injunction.
A Southern California factory town's attempt to shut down production of the popular Sriracha chili sauce is heading to court.
A Los Angeles Superior Court judge was expected to decide Thursday whether to grant the city of Irwindale's request to cease operations at the Huy Fong Foods factory until the company can reduce the pungent smell of pepper and garlic fumes emanating from the plant.
The sprawling 650,000-square-foot factory processes some 100 million pounds of peppers a year into Sriracha and two other popular Asian food sauces.
(Read more: Food stamp recipients face cut)
The peppers get washed, mixed with garlic and a few other ingredients and roasted during this time of the year, when jalapeno peppers are harvested in central California and trucked to the 2-year-old plant.
The pungent smell of peppers and garlic fumes is sent through a carbon-based filtration system that dissipates them before they leave the building, but not nearly enough say residents.
They complained the odor give them headaches, burn their throat and make their eyes water.
Huy Fong executives said they were cooperating with the city to reduce the smell, but balked at the city's suggestion of putting in a new, $600,000 filtration system that may not be necessary.
(Read more: Fast-food stroke gets supersized over wages)
The company said it was looking into other alternatives when the city sued.
Sriracha's little plastic squeeze bottles with their distinctive green caps are ubiquitous in restaurants and home pantries around the world.
Company founder David Tran said his privately held business took in about $85 million last year.
—By Associated Press.