Business News

Insanely durable smartphone ... from Caterpillar?

32 min 17 sec ago

Watch out Apple and Samsung? Caterpillar launched a drop-proof, water-proof, dust-proof smartphone Monday that you actually wouldn't be embarrassed to carry around with you.

Stocks: Looking to Bernanke

35 min 35 sec ago

All eyes are on Ben Bernanke and the Federal Reserve Wednesday as investors await clues about whether the central bank will continue to pump money into the financial system.

Nobody puts baby food in a corner

37 min 3 sec ago

As a health nut and foodie, 36-year-old Shazi Visram had a problem with processed baby food. Namely, it was gross, and people felt bad about feeding it to their kids.

Even small business is bigger in Texas

37 min 30 sec ago

When you think of Texas businesses, large corporations like Exxon Mobil, Dell, and Texas Instruments are generally the first that come to mind. But over the past few years, from the inner cities to out-on-the-range, smaller firms have been stirring the Lone Star State economy.

Car Wars: A smoother road ahead

1 hour 48 min ago

Wall Street analyst reports are like paper hankies: useful when needed but less than durable and easily disposed of afterward. Not so the annual "Car Wars" report by Bank of America Merrill Lynch's John Murphy. Published each May for some two decades, it provides a glimpse into the future of the U.S. auto business. By detailing every redesigned model due over the next four years, it has become the most authoritative analysis of what's coming to the market and how it will impact individual manufacturers. To find out more about future models, you'd need a telephoto lens and top security clearance

Crowdfunding sites raise thousands for Oklahoma victims

2 hours 41 min ago

Crowdfunding websites are seeing donations pour in following the deadly tornado that ravaged Moore, Okla.

'Grandparent scams' steal thousands from seniors

2 hours 42 min ago

Across the country, law enforcement officials are warning seniors to beware of so-called "grandparent scams," in which fraudsters are impersonating a grandchild in distress -- and begging for cash.

Pet shelters & tractors: Companies donate more than cash for tornado relief

2 hours 47 min ago

It's common for companies to make big cash donations after a disaster. But following Monday's tornado in Oklahoma City, several firms are going beyond writing a check, offering help through the use of their equipment, staff, buildings and other in-kind donations.

Tornado victims may face long haul with insurers

2 hours 49 min ago

The tornado that struck the Moore, Okla., area Monday afternoon left an almost 2-mile wide path of destruction, flattening homes and businesses and taking at least 24 lives.

How Apple scores its lower tax bill

2 hours 51 min ago

Apple is one of America's most profitable companies. And it pays a substantial income tax bill to the U.S. government -- by its own account, $6 billion in 2012 and an estimated $7 billion this year.

Medicare payment rates: $15,000 for one hospital, $26,000 for another

2 hours 54 min ago

Get a hip replaced at Olympia Medical Center in Los Angeles, and Medicare will pay the small, doctor-owned hospital $15,585, or about 13% of what Olympia charged in the bills it submitted.

Sony shares boom on spin off speculation

6 hours 3 min ago

Shares of Sony spiked to their highest level in two years Wednesday on reports that the company is considering a spin off of its movie and music division.

Bank of Japan maintains policy, cheers Abenomics

8 hours 11 min ago

Japan's central bank pledged Wednesday to maintain its ambitious quantitative easing program, saying that economic conditions in the country are improving.