Lumber Liquidators' CEO quits; Hillary Clinton joins LinkedIn
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Shake Shack is considering a Chick-fil-A killer
Shake Shack is considering the launch of a Chick-fil-A killer, according to a company filing, and has filed an application to trademark the name “chicken shack.”
McDonald's CEO faces shareholders amid protests, sales woes
McDonald’s CEO Steve Easterbrook is set to make his debut before shareholders at the company’s annual meeting Thursday at a time when the chain is facing declining sales and ongoing protests over worker …
Lumber Liquidators CEO steps down amid tainted-flooring probe
Lumber Liquidators Holdings Inc., under federal investigation over allegations that it sold toxic flooring, said Chief Executive Officer Robert Lynch unexpectedly resigned from his post. Company founder …
US home sales slide in April amid listing shortage
Sales of existing U.S. homes slipped in April due to relatively few listings and rising prices, a trend that could weigh on the recovering housing market.
Goldman: the 100 most important stocks to hedge funds
Goldman Sachs is out with its latest “Hedge Fund Trend Monitor,” shedding light on which stocks the “smart money” is flowing into.
U.S. fast-track trade bill clears key hurdle in Senate
Legislation key to sealing a Pacific trade pact passed another important test in the U.S. Senate on Thursday, boosting hopes for a deal that is central to President Barack Obama’s strategic shift toward …
Gauge of future health of US economy jumps 0.7 percent
An index designed to predict the future health of the economy posted a strong gain in April, a sign that the economy is beginning to accelerate from a sharp slowdown during the winter. The Conference Board …
Owner of American Pharoah named in gambling debt lawsuit
Ahmed Zayat, owner of Triple Crown hopeful American Pharoah, has asked a federal judge to dismiss a lawsuit that accuses him of owing $1.65 million to a man who says he fronted Zayat money for gambling …
U.S. jobless claims up; four-week average lowest since 2000
WASHINGTON, May 21 (Reuters) – – The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 274,000 for the week ended May 16, the Labor Department said on Thursday. A Labor Department analyst said there was nothing unusual in