The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Fewer turkeys in U.S. warehouses in September will likely mean slightly higher prices this Thanksgiving after a bird flu outbreak wiped out more than nine million turkeys, experts said after the government monthly cold storage report on Thursday.
Frozen turkey stocks in September totaled 268.0 million lbs, down 21.3 million from August and 29.2 million less than September 2014, based on the U.S. Department of Agriculture data.
Total hens, the centerpiece of most Thanksgiving meals, last month at 130.1 million lbs, dropped 30 million lbs from August and 25 million from last year. Typically, over a five-year period, turkey stocks on average declined 11 million lbs from the end of August to Sept. 30.
Based on the five-year average, it was a record withdrawal for September, said independent market analyst Bob Brown. Last month's turkey drawdown was more-than-normal, even as product is usually taken out of freezers beginning in September for the winter holidays.
Still, Brown was reluctant to declare the supply reduction a "shortage,", which he said will be dictated more by how much consumers are willing to pay and whether they will turn more to another holiday staple, hams.
"There won't be as many turkeys as last year, but a shortage means you can't get them which is not the case. But, the prices you pay may be higher."
Dan Vaught, an economist at Doane Advisory Services, said turkey supplies undoubtedly will be tighter than last year.
But, he said, gauging overall turkey output over the next month is difficult as some processors feverishly ramp up production to mitigate losses from the virus.
"I'd be pretty surprised if retail turkey prices are as low this year as a year ago," said Vaught.
As the turkey industry braces for the potential of another round of bird flu this winter, their rival saw record amounts of ham and pork on ice after bouncing back from a virus that killed millions of pigs since March 2013.
September pork inventories totaled 656.4 million lbs, a record-high for the month. It eclipsed 2012's 630.4 million September top and was the fourth straight monthly record.
Ham stocks last month last month at 247.4 million lbs hit an all-time high for any month, surpassing the August record of 237.5 million.
Brown partly attributed September's pork and ham storage records to increased hog numbers and sluggish ham exports to Mexico.