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All Latest News Wires

  • AAPL: sweeter dividend, sour outlook

    Apple (AAPL) will give shareholders $100 billion over the next two years by boosting its dividend 15 percent. Although AAPL beat earnings and revenue estimates for the quarter, it says revenue could fall this quarter. 

  • Pot-puffing pilot: Will he fly again?

    Pot-puffing pilot was fired by Horizon Air after admitting regular use of marijuana for back pain. After an arbitrator ordered that he be rehired, Horizon Air is suing to keep the pot-puffing pilot out of the cockpit.

  • Burger King delivery in three new cities: Is yours one?

    Burger King's delivery business is stepping up, as the burger giant adds three new urban centers. Washington, D.C., Houston, Miami, and New York already had Burger King delivery service.

  • Woman finds $36,000 in cash — and returns it

    If you found $36,000, what would you do? One woman found a bag of cash and promptly turned it over to the authorities, who tracked down its owner in a retirement facility.

  • Stocks surge after fake tweet scare

    Dow briefly plunges 143 points after fake AP tweet about explosions at the White House. But the market recovers and the Dow closes 152 points higher. Strong quarterly earnings boost stocks.

  • Netflix soars. Other stocks rise on recovery in oil prices.

    Netflix gains 20 percent after adding 2 million subscribers during the first quarter. Dow, S&P edge up as oil prices rise after last week's tumble.

  • $2,500 teacher raises? Unlikely, Florida lawmakers say.

    $2,500 teacher raises are what Florida governor Rick Scott wanted, allowing a  $2,500 pay boost for every classroom teacher. But Florida lawmakers settled on putting aside $480 million for teacher raises, but with requirements that some of it be tied to performance. 

  • Earl Holding dies, leaves legacy of Sinclair Oil

    Earl Holding dies: The US billionaire had a net worth of $3.2 billion. Earl Holding owned Sinclair Oil, and the Sun Valley Resort in Idaho and the Snowbasin Resort in Utah.

  • Stocks edge higher to end turbulent week

    Stocks edged higher on Wall Street Friday, as a mixed set of earnings capped a turbulent week on Wall Street. By many measures, stocks have endured a rough five days.

  • AAPL, below $400 a share, may fall more

    AAPL needs to announce a dividend increase or its share price will fall even more, warns analyst Dan Niles. Its lack of products at the low end and middle range of the market has already pushed AAPL down from more than $700 a share to less than $400.

  • CVS racist slur leads to lawsuit

    CVS racist slur on receipt prompts Korean-American woman to sue the chain for $1 million, despite the pharmacy chain's apology for the CVS racist slur.

  • Losing $25M a day? Congress shrugs off USPS losses

    The United States Postal Service is losing $25M a day, but Congress voted against cutting Saturday deliveries. The USPS might still choose to deliver nothing but packages on Saturdays, some analysts say.

  • Stocks slip on weak earnings

    Stocks fell on Wall Street Thursday after disappointing earnings from a range of companies. Commodities stocks held steady following a wild couple of days.

  • Asian shares dip amidst slowing economic recovery

    Worries about trends in global growth, drove down U.S. and European equities, commodities and Asian markets on Wednesday. Earnings forecasts continue to be revised downward, say analysts. 

  • Stocks down on signs of global economic slowdown

    Stocks fell on Wall Street Wednesday as evidence of a slowing global economy grows. The drop comes just one week after US stocks hit an all-time high.

  • McDonald's settles lawsuit over false 'Halal-friendly' food claim

    McDonald's has agreed to pay $700,000 in a lawsuit brought by members of Michigan's Muslim community. The group claims that a Detroit-area McDonald's falsely advertised food as prepared according to Islamic law. 

  • Bank of America settles lawsuit; profits disappoint

    Bank of America has agreed to settle a class action lawsuit brought against Countrywide Financial, its troubled mortgage lending arm. The settlement came as Bank of America announced its first quarter income, with profits soaring but failing to meet analysts' expectations. 

  • Lottery winners still getting welfare? In Michigan, yes.

    Lottery winners got welfare benefits in more than 3,500 cases last year, a new Michigan report finds. That's 14 percent of state lottery winners on welfare, and the state aims to crack down.  

  • Stocks bounce back from worst day of year

    Stocks rose on Wall Street Tuesday the day after they had their biggest decline since November. Tuesday's strong housing and earning reports helped stocks recover.

  • American Airlines computer glitch grounds flights nationwide

    American Airlines grounded flights across the country Tuesday due to a computer glitch. Thousands of American Airlines passengers were stranded, and flights will resume at 5:30 p.m. EDT.

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Scott Budnick works in the dining room as customers arrive for a free meal at the Mathewson Street Friendship Breakfast in Providence, R.I.

Scott Budnick serves breakfast – with a side order of respect – to the homeless

Sunday breakfast at a Providence, R.I., church is more than a free meal. Half the volunteers are homeless themselves: 'It's their [own] breakfast that they're putting on.'

 
 
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