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 MonitorNetApp 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 PressMedivation: 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
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…
ReutersBest of the Best 2016: Wheels | Sports Cars: Audi R8 V10 Plus
A past winner of our Car of the Year and Best of the Best awards, the R8 has been a Robb Report favorite since its debut a decade ago. Audi incrementally improved the car over the years before introducing a completely new, second-generation model for 2017. The R8 V10 Plus, on the other hand, is a…
Robb Report
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 PressAnalysis - Automakers, tech companies decide to make deals, not war
A flurry of deals between big automakers and ride hailing and transportation startups is rewriting the playbook in the contest to control the future of personal transportation. Automakers now recognise they may turn ride-hailing services and car sharing companies into steady customers for all sorts…
Reuters
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 InsiderU.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 …
ReutersShowtime Sues Top Rank Over Mayweather-Pacquiao Fight
The pay network says Pacquiao's promoter breached an indemnification agreement.
The Hollywood ReporterFunding 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…
ReutersBristow 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 PressMotor 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
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
