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Top Business Stories from the U.S.
Updated: 9 hours 45 min ago

Cheap gas, restaurant winners: Pro

Fri, 12/12/2014 - 4:02pm
Low gas prices should benefit the restaurant industry, but these names stand out, analyst Bob Derrington told CNBC.
Categories: US News

Insurers avoid as much as $100B in taxes

Fri, 12/12/2014 - 3:44pm
Life insurers are avoiding taxes without leaving the country, saving as much as $100 billion in federal taxes, the NYT reports.
Categories: US News

Sony worried about more cyberattacks

Fri, 12/12/2014 - 3:25pm
A US government official said Sony is concerned that cyber breaches are not at an end.
Categories: US News

MIT: Breaks are bad for stocks!

Fri, 12/12/2014 - 3:11pm
Stock prices tend to do the worst during periods following long school vacations, MIT Visiting Professor Fang found.
Categories: US News

This chain loves it when Sears fails

Fri, 12/12/2014 - 2:37pm
This retailer is growing at a brisk pace thanks to real estate abandoned by the likes of Sears and Target.
Categories: US News

Two big risks for Facebook in China

Fri, 12/12/2014 - 2:33pm
For firms like Facebook, China presents two major risks, says Joe Foudy, a professor at NYU Stern.
Categories: US News

Oil hits lowest in more than 5 years

Fri, 12/12/2014 - 2:32pm
Oil prices fell to their lowest since 2009 on concerns over a global supply glut and a sluggish demand outlook.
Categories: US News

2014's worst weather in pictures

Fri, 12/12/2014 - 2:13pm
Snowstorms, tornadoes, freezing rain. This year has been rough all over the U.S. Here are some of weather's worst moments.
Categories: US News

Obamacare's Gruber subpoenaed

Fri, 12/12/2014 - 1:34pm
So-called Obamacare architect Jonathan Gruber has been slapped with a congressional subpoena seeking information on his Obamacare work and income.
Categories: US News

London airspace up: Eurocontrol

Fri, 12/12/2014 - 12:55pm
The London airspace is recovering from a computer failure that caused a brief closure of the airspace, Eurocontrol said.
Categories: US News

Chef Jamie Oliver eyes expansion

Fri, 12/12/2014 - 12:53pm
British celebrity chef Jamie Oliver is looking to outside investors to help his brand expand, sources said.
Categories: US News

RadioShack lives another day

Fri, 12/12/2014 - 12:48pm
RadioShack didn't trigger a credit event when it refinanced its debt, a special committee concluded.
Categories: US News

Hedge funds keep failing, but...

Fri, 12/12/2014 - 12:37pm
Hedge funds are continuing to shut down, but the pace of failures isn't quite as bad as feared.
Categories: US News

New rules for mutual fund industry

Fri, 12/12/2014 - 12:22pm
The Securities and Exchange Commission's Mary Jo White said the agency is conducting a review of the mutual fund sector. The NYT reports.
Categories: US News

Xbox tops PS4 on leaderboard: Report

Fri, 12/12/2014 - 12:11pm
The console wars between Sony and Microsoft are heating up into the holiday season and Morgan Brennan breaks it down.
Categories: US News

No, Wall St. win in DC this week

Fri, 12/12/2014 - 11:55am
Sure, banks got a change they long wanted to Dodd-Frank, but it will come with huge costs, says Politico's Ben White.
Categories: US News

Fed's Kocherlakota to step down in 2016

Fri, 12/12/2014 - 11:26am
Minneapolis Fed's Kocherlakota plans to step down when his term ends in 2016.
Categories: US News

Shrooms in the queen's garden

Fri, 12/12/2014 - 10:52am
Hallucinogenic mushrooms have been discovered on the grounds of Buckingham Palace in London, NBC News reports.
Categories: US News

To clear out that FSA, buy sunscreen

Fri, 12/12/2014 - 10:50am
It's easier to avoid the use-it-or-lose it proposition of flexible spending accounts, thanks to the IRS.
Categories: US News

Hunger in America: 50 million in crisis

Fri, 12/12/2014 - 10:45am
Nearly 1 in 6 Americans go hungry. Most at risk: children and the elderly. Companies are rushing to help for the holidays.
Categories: US News

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