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No thanks, we're full: Supreme Court rejects appeal of California foie gras ban

Tue, 10/14/2014 - 11:19am
The Supreme Court is allowing California to continue enforcing a law that bans the sale of foie gras.
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Supreme Court won't hear Iowa state senator's appeal in defamation case against rival

Tue, 10/14/2014 - 11:19am
The Supreme Court has declined to revive a defamation lawsuit that an Iowa Republican state senator filed against his Democratic opponent over a misleading campaign ad.
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Supreme Court rejects appeal from group seeking release of government memo on phone records

Tue, 10/14/2014 - 11:19am
The Supreme Court won't hear an appeal from a civil liberties group that wants to make public an internal Justice Department memo that allows the FBI to informally obtain phone records.
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Citi Boosts Earnings, Scales Back Consumer Banking

Tue, 10/14/2014 - 11:15am
The nation's third-largest bank by assets reported a 3Q earnings beat and revealed plans to scale back its consumer banking unit by exiting 11 foreign markets.
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Chrysler recalls 184,215 SUVs for problem that can affect air bags and seat belts

Tue, 10/14/2014 - 11:01am
Chrysler is recalling 184,215 SUVs worldwide because a wiring problem could disable their air bags and seat belt pretensioners.
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Tesco suspends 3 more executives amid investigation into overstatement of profits

Tue, 10/14/2014 - 10:31am
Tesco, one of the world's largest food retailers, has suspended three more executives as it investigates why its half-year profit was overstated by 250 million pounds ($407 million).
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Zuckerberg, wife donate $25 million to CDC Foundation to address Ebola

Tue, 10/14/2014 - 10:18am
Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are donating $25 million to the CDC Foundation to help address the Ebola epidemic.
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J.P. Morgan CEO Says Apple Pay Could 'cannibalize' Some Business

Tue, 10/14/2014 - 10:10am
J.P. Morgan Chase & Co. CEO Jamie Dimon acknowledged on Tuesday that Apple Pay, the new payment system introduced by the tech giant, could "cannibalize" some of the bank's business, in response to a question.
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SunTrust Downgrades Home Depot, Lowe's

Tue, 10/14/2014 - 10:06am
SunTrust Robinson Humphrey analyst Keith Hughes cut the ratings of both Home Depot Inc. and Lowe's Cos. to neutral from buy on Tuesday.
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Shares of health care products maker Mallinckrodt rise on earnings outlook

Tue, 10/14/2014 - 10:05am
Shares of Mallinckrodt PLC rose Tuesday after the health care products maker posted an earnings outlook for next year that beat Wall Street expectations.
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Olive Garden parent company names interim CEO after board takeover

Tue, 10/14/2014 - 9:50am
Olive Garden's parent company Darden Restaurants promoted Chief Operating Officer Gene Lee to interim CEO after a board takeover by an activist investor last week.
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Tech Stocks Gain With Intel Earnings On Tap

Tue, 10/14/2014 - 9:49am
Tech stocks came back from the prior-day's decline with big gains in early trading Tuesday ahead of a slate of earnings reports.
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FDA will ask advisers whether Chantix's bolded suicide warning should be dropped from label

Tue, 10/14/2014 - 9:42am
The Food and Drug Administration will ask a panel of experts later this week whether a bold-letter warning on the anti-smoking drug Chantix should be removed based on company-supported evidence that the drug does not cause suicidal behavior.
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JPM Posts Mixed 3Q as Trading Rebounds, Mortgages Slide

Tue, 10/14/2014 - 9:40am
The biggest U.S. bank fell just shy of Wall Street expectations for third-quarter earnings as mortgage weakness overshadowed a rebound in trading revenue.
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CME Group To Lay Off About 150 Employees

Tue, 10/14/2014 - 9:38am
CME Group said Tuesday it would lay off about 150 employees, or about 5% of its global workforce, as part of a restructuring aimed at cutting costs and reducing management layers.
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Aethlon Medical's OTC Shares Surge On Use Of Device In Ebola Treatment

Tue, 10/14/2014 - 9:28am
Shares of penny stock Aethlon Medical , which trades over the counter, ran up 29% in premarket trade Tuesday, after the company announced the first use of its Hemopurifier therapy on a patient infected with Ebola.
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Citigroup to exit 11 markets, mostly in Latin America, as bank continues to reduce its size

Tue, 10/14/2014 - 9:16am
Citigroup is announcing it will exit its retail banking business in 11 markets as part of its ongoing effort to restructure and slim down since the financial crisis.
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Crown Castle Shares Rally After Activist Investor Urges Increased Dividend

Tue, 10/14/2014 - 9:08am
Shares of Crown Castle International rallied 4.3% in premarket trade Tuesday, after activist investor Corvex Management said it believes the shares could rise 27% to about $100 "in a short time frame," if the wireless communications infrastructure company's management would change its capital allocation plan and cut costs.
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Domino's Quarterly Profit Tops Wall Street Views

Tue, 10/14/2014 - 9:00am
Domino's Pizza Inc on Tuesday reported a quarterly profit that topped Wall Street's estimates, boosted by strong results overseas and its home market of the United States, where rival Pizza Hut is struggling.
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Equity Futures Higher as City, JNJ Earnings Beat Views

Tue, 10/14/2014 - 8:52am
U.S. equity futures posted moderate gains a day after Wall Street suffered heavy losses, as 3Q bank earnings season kicked off.
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