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Top Business Stories from the U.S.
Updated: 21 min 58 sec ago

Stop 'Rot', Abuse at IRS: Rep. Boustany

Thu, 05/16/2013 - 8:52am
Rep. Charles Boustany tells CNBC congressional investigators will get to the truth in the IRS scandal.
Categories: US News

Bloomberg: Now a Threat to Its Clients?

Thu, 05/16/2013 - 8:14am
Bloomberg has quietly launched a wealth management company, putting it in competition with its big terminal customers.
Categories: US News

Restaurant Sales Hit New High

Thu, 05/16/2013 - 7:53am
More Americans feel less frugal, and at least one survey suggests it's time to release that pent-up desire to eat out.
Categories: US News

Hey, Mr. President: About Your Portfolio

Thu, 05/16/2013 - 7:42am
The president's investment decisions are sensible even to a fault, with a largest position in U.S. Treasuries.
Categories: US News

For Obama, Reality Clashes With Dreams

Thu, 05/16/2013 - 7:12am
After a heady re-election, President Obama's second term dreams have collided with reality. The NYT reports.
Categories: US News

In Bloomberg Uproar, Media Ethics Flags

Thu, 05/16/2013 - 7:10am
The Bloomberg uproar highlights the rapidly changing ethical landscape facing companies that are reinventing news.
Categories: US News

The Jamie Dimon Effect: Firms Veto Joint CEO-Chair Role

Thu, 05/16/2013 - 7:06am
Shareholders and boards are no longer happy for CEOs to also hold the position of chairman, according to new research.
Categories: US News

GE, Boeing Alert Airlines About Engine Problem

Thu, 05/16/2013 - 6:51am
General Electric Co and Boeing Co have alerted airlines about a potential problem with engines on Boeing's long-range 777 jumbo jet.
Categories: US News

Axe Set to Fall as French Economy Tanks

Thu, 05/16/2013 - 6:36am
France's fall back into recession is likely to pile more pressure on the country's finance ministry, at a time when infighting has already led one senior politician to fuel rumors that Finance Minister Pierre Moscovici could be replaced.
Categories: US News

In Close Vote, Who Holds Dimon's Fate?

Thu, 05/16/2013 - 5:59am
Jamie Dimon's fate as both chairman and CEO of JPMorgan Chase could come down to the votes by big index funds and ISS.
Categories: US News

Samsung Beats Google to Profits: Report

Thu, 05/16/2013 - 5:26am
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to research.
Categories: US News

Will China Buy Up Greece's Best Assets?

Thu, 05/16/2013 - 5:14am
Greek Prime Minister Antonis Samaras headed to China on Wednesday, amid hopes that the world's second largest economy can revive his country.
Categories: US News

Apple Falling Out of Favor With Top Hedge Funds

Thu, 05/16/2013 - 3:05am
One-time hedge fund darling Apple was dropped by more famous hedge fund managers.
Categories: US News

How 'Brixit' Could Affect UK Business, Economy

Thu, 05/16/2013 - 2:54am
U.K. business experts told CNBC what a U.K. exit from the EU - its biggest trading partner - would mean for the country's businesses and economy.
Categories: US News

JPMorgan Demands Bloomberg Staff Logs

Thu, 05/16/2013 - 2:20am
Lawyers for JPMorgan demanded that Bloomberg hand over employee logs, as the bank considers whether to take legal action, the FT reports.
Categories: US News

Soros Cut Gold Holdings Before Crash

Thu, 05/16/2013 - 2:19am
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
Categories: US News

'Tug of War' Puts a Floor Under Gold

Thu, 05/16/2013 - 2:01am
While gold has once again fallen victim to heavy selling pressure, a tug of war between physical buyers and institutional sellers will put a floor under the precious metal.
Categories: US News

Sellers Emerging in the Bull Market

Thu, 05/16/2013 - 2:00am
Some market watchers say they are starting to spot something that they haven't seen for a while: sellers moving back into stocks.
Categories: US News

Billionaire Paulson's Big Housing Bet

Thu, 05/16/2013 - 1:21am
The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.
Categories: US News

JPMorgan Shareholders Denied Access to Results

Thu, 05/16/2013 - 1:21am
When it comes to shareholder votes,the protocol has changed, the NYT reports.
Categories: US News