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Starbucks-lawsuit-082416.jpg A federal judge has dismissed a lawsuit that accused Starbucks (SBUX) of cheating customers by "under-filling" its cold beverages. The lawsuit alleged that Starbucks is deceiving its customers by serving iced drinks with too much ice cubes and less coffee "than advertised." "If children have figured...

Ford-Recall-082416.jpg Ford Motor Co. (F) Wednesday issued a recall of more than 88,000 vehicles to fix a fuel pump issue that could cause cars to stall. The company said no accidents or injuries have been reported due to the defect, however, the defect pose potential safety risks. The recall involve about 88,000 units...

Guess-Store-082416.jpg Apparel retailer Guess? Inc. (GES) on Wednesday reported an increase in profit for the second quarter, despite lower-than-expected revenues reflecting a one-time gain. Earnings for the quarter easily trumped Wall Street estimates, sending the company's stock up over 14 percent in extended hours. Guess'...

Hp-HPQ-082416.jpg HP Inc. (HPQ) on Wednesday reported a drop in profit for the third quarter hurt largely by a 4 percent drop in revenues as the company continues to struggle with weak demand for printers. Shares of the computer and printer maker slipped 5 percent in extended session after it detailed a weak fourth quarter...

Wallstreet-013013_24Aug16.jpg Stocks moved mostly lower over the course of the trading day on Wednesday, more than offsetting the modest uptick seen in the previous session. Selling pressure picked up as the day progressed, dragging the major averages firmly into negative territory.

Mortgage-082416.jpg Mortgage applications in the U.S. dropped 2.1 percent last week, despite lower interest rates. According to data from the Mortgage Bankers Association, market composite index, a measure of mortgage loan application volume, decreased 2.1 percent on a seasonally adjusted basis from one week earlier. The...

HillaryClinton-campaign1-082416.jpg North Carolina is increasingly seen as a swing state, and the results of a new Monmouth University Poll suggest the presidential election in the Tar Heel State is once again likely to be tight. Forty-four percent of likely North Carolina voters support Democratic nominee Hillary Clinton, while 42 percent back Republican nominee Donald Trump.

Oysters-Recall-082416.jpg Five Star Shellfish Inc. has announced a voluntary recall of oysters from Canada due to a potential Salmonella contamination. The company distributed the Five Star branded oysters to retailers in Alberta, Manitoba and Ontario, which were harvested after August 13. The Canadian Food Inspection Agency...

SenatorFlake-082416.jpg Republican Senator Jeff Flake, R-Ariz., has predicted that GOP nominee Donald Trump will lose the presidential election unless he changes the tone of his campaign. During a town hall at one of Allstate's corporate campuses on Tuesday, Flake also questioned whether Trump deserves to win.

loopup-IPO-082416.jpg LoopUp Group, a UK-based startup that provides software technology for conference calls and remote meetings, on Wednesday became the first technology company to float shares on the London Stock Exchange since Britain's decision to leave the European Union. LoopUP raised £8.5 million by selling shares...

TrafficDeaths-082416.jpg Deaths due to motor accident have increased 9 percent during the first six months of 2016 compared to the same period last year, according to preliminary estimates from the National Safety Council. Traffic deaths have increase 18 percent from 2014. About 19,100 people have been killed on U.S. roads...

wallstreet-111914_24Aug16.jpg Stocks have moved mostly lower during trading on Wednesday, although selling pressure has remained relatively subdued. The modest pullback on the day has offset the uptick shown by the major averages in the previous session.

ATT-Citigroup-082416.jpg Citigroup Inc.(C) and AT&T Inc. (T) have decided to ended a legal battle over a trademark infringement claim on customer loyalty program. Both the companies have dismissed their claims against each other with prejudice, which means the same lawsuit cannot be reignited at a later date. Citigroup...

ClintonFoundation-082416.jpg USA Today has joined other papers and Republicans calling for the Clinton Foundation to be shut down amid allegations of corruption. In an op-ed piece published late Tuesday, USA Today's editorial board described plans to tighten the ethical safeguards for the Clinton Foundation as woefully incomplete.

wallstreet-111614_24Aug16.jpg After ending the previous session modestly higher, stocks are giving back some ground in early trading on Wednesday. The major averages have all dipped into negative territory, although selling pressure has remained relatively subdued.

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