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Keurig-022217.jpg The U.S. Consumer Product Safety Commission said that Keurig Green Mountain Inc. has agreed to pay a $5.8 million civil penalty to settle charges that the company failed to report a defect and unreasonable risk of injury to the agency immediately. The federal law requires every manufacturers, distributors,...

cheesecakefact-022217.jpg Cheesecake Factory Inc. Wednesday reported an increase in profit for the fourth quarter that fell short of Wall Street estimates by a penny. For the fourth quarter, the company reported earnings of $32.4 million or $0.66 per share, up from $27.2 million, or $0.54 per share last year. Analysts polled...

Tesla-022217.jpg Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a loss for the fourth quarter that was narrower than last year. The company said it expects to start volume production of Model 3 by September. Palo Alto, California-based Tesla reported fourth-quarter loss of $121.3 million or $0.78...

wallstreet-112414_22Feb17.jpg Stocks showed a lack of direction throughout the trading session on Wednesday before ending the day little changed. Despite the choppy trading on the day, the Dow still managed to climb to another new record closing high.

Amazon-022217.jpg In order to thank customers after being ranked No. 1 in the annual Harris Corporate Reputation Poll, Amazon is offering $8.62 discount for a purchase of $50 or more for today only. For the second straight year, Amazon was ranked No. 1 in the Harris Poll and earned a record score of 86.27 in the 18-year...

Donaldtrump2-022217.jpg Claiming the country's finances are a mess, President Donald Trump pledged Wednesday to clean up the federal budget. Trump told reporters at a meeting with Treasury Secretary Steve Mnuchin, Budget Director Mick Mulvaney, and other officials that his budget would reflect the priorities of the American people.

KirstenGillibrand-022217.jpg Democratic Senator Kirsten Gillibrand, D-N.Y., has predicted Supreme Court nominee Neil Gorsuch will be confirmed but suggested it may require Republicans changing Senate rules. "Ultimately, yeah, I believe he will be," Gillibrand said when asked if Gorsuch will be confirmed in an interview with New...

capitol-022217.jpg As Republicans prepare to reveal their plan to replace Obamacare, the results of a new Politico/Morning Consult poll show a drop in support for repealing the healthcare reform law. The poll found that 51 percent of registered voters support completely or partially repealing Obamacare, but that is down from 59 percent in early January.

wallstreet1-103112_22Feb17.jpg After initially showing a lack of direction, stocks continue to turn in a lackluster performance in mid-day trading on Wednesday. Despite the choppy trading, the Dow managed to reach a new record intraday high.

Arris-Brocade-022217.jpg Set-top box maker Arris International Plc is near to buy Brocade Communications Systems Inc's networking equipment business for roughly $1 billion, according to Reuters, citing people familiar with the matter. The deal is expected to be announced as early as Wednesday, the sources claim. However,...

military-022217.jpg A majority of Americans are worried the U.S. will become involved in a major war in the next four years, according to the results of a NBC News/SurveyMonkey poll. Thirty-six percent of Americans said they are very worried the U.S. will become engaged in a major war in the next four years, while another...

wallstreet-111814_22Feb17.jpg After trending higher in recent sessions, stocks are turning in a relatively lackluster performance in morning trading on Wednesday. The major averages are showing only modest moves on the day after reaching record closing highs in the previous session.

mortgage-022217.jpg Mortgage applications in the U.S. declined 2 percent last week, seasonally adjusted, from a week earlier. According to data from the Mortgage Bankers Association, market composite index, a measure of mortgage loan application volume, for the week ending February 17 decreased 2 percent on a seasonally...

eistinghmesales-022217.jpg After reporting a drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing that existing home sales rebounded by more than expected in the month of January. NAR said existing home sales surged up by 3.3 percent to an annual rate of 5.69 million.

mapleleaf-lightlife-022217.jpg Canada based Maple Leaf Foods Inc. Wednesday said it has reached a definitive agreement with Brynwood Partner VI L.P. for the acquisition of Lightlife Foods Inc. The deal would be worth $140 million plus other costs. Light is a brand in U.S. for refrigerated plant based protein foods.

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