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  • Truck firm faces paying millions in Amtrak crash

    A Nevada trucking company could be forced to pay more than $5.7 million if a judge formalizes a jury verdict that faulted one of its drivers for a fiery 2011 crash with an Amtrak train that killed six people and injured dozens. A federal jury in Reno awarded $4.5 million to Amtrak and $210,777 to…

    Associated Press
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  • Gilead Stock Is Falling On These Drug Setbacks

    Gilead Stock Is Falling On These Drug Setbacks Gilead Sciences (GILD) shares are backsliding Wednesday on news that the patient drop-out rate for hepatitis C drug Sovaldi is quadruple that of clinical trials. In addition, the biotech's Phase 2 study results

    Investor's Business Daily
  • Apple to unveil new iPads, operating system on Oct. 21 : report

    The company plans to unveil the sixth generation of its iPad and the third edition of the iPad mini, as well as its operating system OS X Yosemite, which has undergone a complete visual overhaul, the Internet news website said. Trudy Muller, a spokeswoman for Apple, declined to comment. The iPad is…

    Reuters
  • Apple iPhone 6 Weekend Sales May Miss, No Worries, Says Bernstein

    Bernstein Research's Toni Sacconaghi today reiterates an Outperform rating on Apple (AAPL) stock, and a $108 price target, warning that Apple may miss high expectations for first-weekend sales of the iPhone 6 and 6 Plus when they go on sale this Friday, but that it may not matter much. Observes…

    Barrons.com
  • UBS Clients Lead Canada Surge in Admitting Hidden Income

    Clients of UBS AG (UBSN) , Switzerland’s largest bank, have led a five-fold surge in the number of Canadian residents reporting hidden offshore income over the past eight years. Almost 6,000 taxpayers came forward in the past 12 months as part of the Canada Revenue Agency’s voluntary disclosure…

    Bloomberg
  • Indian Rupee Declines as U.S. Rate-Increase Signals Boost Dollar

    India’s rupee fell to a one-month low on speculation capital flows to emerging markets will slow as the Federal Reserve moves closer to raising interest rates. The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major currencies, was set for the highest close since June 2010.…

    Bloomberg
  • Iron ore miners battle for survival as 'perfect storm' hits

    High-cost Australian miners are battling for survival as plunging iron ore prices push many to breaking point, with analysts seeing no significant short-term recovery as Chinese demand for steel wanes in line with sliding property prices. Australia, the world's largest exporter of iron ore, is…

    AFP
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  • Don't buy Alibaba stock: 'Dean of Valuation'

    Investors should steer clear of Alibaba , valuation expert Aswath Damodaran said Wednesday. On CNBC's " Fast Money ," Damodaran, a professor of finance at New York University's Stern School of Business, noted that he was looking at Alibaba stock from the perspective of a long-term investor, not a…

    CNBC
  • Play

    Top Starter Funds for Investors on a Shoestring

    Morningstar's Christine Benz highlights some of her favorite ETFs and low-minimum-investment funds for new investors.

    Morningstar
  • Beanie Babies creator's sentence debated in court

    Beanie Babies creator's sentence debated in court CHICAGO (AP) — Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the…

    Associated Press
  • As Fed takes baby steps, Cramer's trick for profit

    In turn, Cramer says making money in the market, involves looking at the environment through the lens of the Fed. "The trick is to remember that they speak for the common person," Cramer said. "The Fed wants the common person to make money." With that backdrop always in mind, Cramer says it becomes…

    CNBC
  • CalPERS picks Ted Eliopoulos to be investment chief

    California's huge pension fund has turned to a trusted insider to take over the daunting job of directing almost $300 billion in investments, crucial to the retirement of more than 1 million current and former state and local government workers. After a nationwide search, the California Public…

    Los Angeles Times
  • "The Retiree Next Door": How successful retirees stretch their savings

    "The Retiree Next Door": How successful retirees stretch their savingsBy the time she hit her late 40s, Toni Eugenia wasn’t sure she would ever be able to retire. Eugenia, 56, a pharmacy technician who lived in Houston, was nearly $200,000 in debt and

    Yahoo Finance
  • Accident? "No Fault, No Foul" Coverage w/ Farmers

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  • Midday Glance: Airlines companies

    Midday Glance: Airlines companies NEW YORK (AP) -- Shares of some top airlines companies are down at 1 p.m.: Delta Air fell $.57 or 1.4 percent, to $38.95. JetBlue Airways Corp. fell $.18 or 1.5 percent

    Associated Press
  • 'Modern slavery' in Malaysia electronics factories

    Nearly one-third of the 350,000 workers in Malaysia's electronics manufacturing sector -- a major supplier for leading global brands -- suffer labour conditions akin to "modern slavery", a report released Wednesday said. The study by US-based fair-labour organisation Verite said at least 28 percent…

    AFP
  • BuySellAds Acquires Ad Startup LaunchBit

    BuySellAds Acquires Ad Startup LaunchBitLaunchBit, an ad startup focused on helping software-as-a-service businesses find new customers, is announcing that it has been acquired by ad platform BuySellAds.com. The financial terms of the deal are not being

    TechCrunch
  • Play

    Analyzing the Fed's Exit Strategy

    The Federal Reserve’s ultralow interest rates will stay in place but it is still on track to wind down its bond-buying program. David Lebovitz of J.P. Morgan Funds joins the News Hub. Photo: Getty.

    WSJ Live
  • Costco Stores in Canada to Stop Taking American Express

    “The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires” on Dec. 31, the company said today in an e-mail to Canadian customers. The message was attributed to Lorelle Gilpin, vice president of marketing and membership for Costco…

    Bloomberg
  • Venture Capitalist Makes Case Against 'Shark Tank'

    If you watch the TV show "Shark Tank" as entertainment and not to obtain a startup education, you will be benignly inspired by fellow entrepreneurs. "Shark Tank" is a reality competition show that features entrepreneurs pitching business ideas to a panel of potential investors, referred to as…

    The Wall Street Journal
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  • Etalon Bets Russian Homebuyers to Persevere Amid Crisis

    Etalon Group Ltd. (ETLN) , the Russian developer whose shares have slid 33 percent this year, is betting appetite for housing will hold up amid the Ukraine crisis and the worst economic slowdown since 2009. “People who want to improve their living conditions don’t react to the crisis quickly,”…

    Bloomberg