Business News

  • Are employers required to grant Muslim employees prayer breaks?

    Ariens Co., which manufactures snow blowers and lawnmowers at a plant outside Green Bay, Wis., fired seven of its Muslim employees in January, and another 14 resigned, after the company told Muslim workers they should stop taking an extra break for prayer, Laura Putre reported for Industry Week.…

    Christian Science Monitor
  • NetApp reports 4Q loss

    On a per-share basis, the Sunnyvale, California-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, came to 55 cents per share. The results fell short of Wall ...

    Associated Press
  • Medivation: Three Biotech Giants Enter. Which One Leaves?

    Reports suggest that Gilead Sciences (GILD) and Celgene (CELG) have joined the bidding process for Medivation (MDVN), one that already includes (maybe) Amgen (AMGN), and of course Sanofi (SNY), which is trying to throw out Medivation's board. Of the three biotech giants, Citigroup's Robyn…

    Barrons.com
  • Play

    Cramer: Time to buy the most hated sectors imaginable

    Jim Cramer says when there is this much bearish sentiment, investors have to go for these three groups — the most loathed stocks out there.

    CNBC Videos
  • Case Reopened for 'Real Housewives' Star Teresa Giudice

    A federal judge has reopened a bankruptcy case for "Real Housewives of New Jersey" cast member Teresa Giudice (JOO'-dys), who pleaded guilty in 2014 to bankruptcy fraud

    ABC News
  • Hacker who exposed Hillary Clinton's email server expected to plead guilty

    A Romanian computer hacker who revealed the existence of a private email server used by Hillary Clinton when she was secretary of state is expected to plead guilty to hacking-related offenses, a U.S. law enforcement official said on Tuesday. Accused hacker Marcel Lazar, who used the alias…

    Reuters
  • If you depend on dividends, you better watch this metric

    Investors love big dividends, but some companies lack the earnings to afford it. Here's how to know if a dividend could mask cash problems.

    CNBC.com
  • Tony Gwynn's family sues tobacco industry over star's death

    Tony Gwynn's widow and two children filed a lawsuit Monday seeking to hold the tobacco industry accountable for the Hall of Famer's death. The suit was filed in San Diego Superior Court by Alicia Gwynn and her children, Tony Jr. and Anisha Gwynn-Jones. The suit says Gwynn started dipping as a…

    The Associated Press
  • U.S. levies hefty duties on Chinese corrosion-resistant steel

    Corrosion-resistant steel from China will face final U.S. anti-dumping and anti-subsidy duties of up to 450 percent under the U.S. Commerce Department's latest clampdown on a glut of steel imports, the agency said on Wednesday. The department also issued anti-dumping duties of 3 percent to 92…

    Reuters
  • Struggling energy companies are getting money from an unlikely source

    Banks have been pulling back from lending to energy companies. Hedge funds and buyout firms have...

    Business Insider
  • U.S. shopping mall REITs hurt by department store woes

    After a spate of disappointing quarterly results from big-name retailers, mall real estate investment trusts (REITs) have come under pressure. The FTSE NAREIT regional mall index is on track for its second straight month of declines, after department store operators such as Macy's and Nordstrom …

    Reuters
  • Funding battle begins with House bill on regulators, agencies

    The first shots in a political battle over funding for a range of federal activities rang out during a congressional subcommittee hearing on Wednesday, as Republicans and Democrats took opposing stances on a budget bill for financial regulators and other agencies. The legislation, which covers…

    Reuters
  • Bristow reports 4Q loss

    The Houston-based company said it had a loss of 72 cents per share. Earnings, adjusted for non-recurring costs, were 13 cents per share. The results fell short of Wall Street expectations. The average ...

    Associated Press
  • Motor racing-Ricciardo gets new Renault engine before Verstappen

    By Alan Baldwin MONACO, May 25 (Reuters) - Red Bull's teenage race winner Max Verstappen will have to wait to get his hands on Renault's newest Formula One engine with Australian team mate Daniel Ricciardo given priority for Sunday's showcase Monaco Grand Prix. Renault had planned to introduce the…

    Reuters
  • Play

    Cramer: Housing just made the breakout move I've been wai...

    Jim Cramer was shocked by what he heard from this company, and says investors should strike while the housing iron is hot.

    CNBC Videos
  • Twitter drops photos, videos from 140-character limit

    Twitter said the change, part of its efforts to simplify its microblogging service, will happen in the next few months. "A few simple changes to make conversations on Twitter easier! And no more removing characters for images or videos!" Chief Executive Jack Dorsey said in a 115-character tweet.…

    Reuters
  • EU seeks to make it easier to buy online from other countries

    By Julia Fioretti BRUSSELS (Reuters) - Online retailers would be banned from stopping a customer in one EU country buying from a website based in another, under a proposal issued on Wednesday to make it easier for consumers to shop across the bloc. The European Commission said its law would stop…

    Reuters