Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.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.