Blog Profile / Money & Co

Senators urge scrutiny of American Airlines and US Airways merger

On the eve of a Senate hearing on airline mergers, two senators are urging the Obama administration to carefully scrutinize the proposed merger of American Airlines and US Airways.

Taco Bell's health goal: Power Protein menu, zero-calorie drinks

Taco Bell will test a new Power Protein menu and zero-calorie drinks later this summer as the Mexican-style chain aims to convince Americans that its offerings include healthful choices.

Student loan debt nearly doubles in last five years, report says

Student loan debt has nearly doubled in the last five years, posing a potential risk to the economy, according to a new report from Congress.

Boeing launches 787 Dreamliner stretch version at Paris Air Show

Aerospace giant Boeing Co. launched the stretched version of its 787 Dreamliner passenger jet Tuesday at the Paris Air Show, saying it received customer commitments for 102 airplanes.

Most expensive homes in U.S. top $100 million

The most expensive homes in the U.S. right now are priced well above the $100-million mark, according to a compilation assembled by Forbes.

Most top female execs have something in common: They played sports

Playing sports can play a role in developing leadership skills for female executives, a survey from Ernst & Young found.

Global millionaire population and wealth grows in 2012

Not only are the rich getting richer, but their numbers are growing and North America is home to most of them, according to a report from Capgemini and RBC Wealth Management.

Starbucks to post calorie counts on menu boards nationwide

Starbucks Corp. is following other mega-chains such as McDonald’s Corp. and Panera Bread Co. by voluntarily posting calorie counts on its menu boards nationwide ahead of a pending federal requirement to do so.

Consumer prices nudge up in May, but inflation remains tame

WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year remained tame, the Labor Department said Tuesday.

Housing starts climb 6.8% in May

Home builders ramped up construction in May, providing an economic boost while they sought to take advantage of an improving housing market defined by low inventory.

Aetna will exit California's individual health insurance market

Aetna Inc. said it would stop selling individual health insurance policies in California next month, and nearly 50,000 existing policyholders will have to find new coverage by January.

Obama suggests he won't renominate Ben Bernanke as Fed chair

Report: pregnant workers often fired or made to take unpaid leave

Pregnant workers, especially those in low-wage jobs, are still routinely fired or made to take unpaid leave before giving birth, a report finds.

Arraignment postponed for ex-KPMG auditor in insider-trading case

The arraignment for Scott London, the former KPMG auditor accused of participating in an insider trading scheme that netted over $1 million, was postponed Monday to an unknown date.

GenCorp. announces leadership for newly formed rocket company

Sacramento aerospace and technology firm GenCorp Inc. has closed the acquisition deal of the pioneering rocket engine manufacturing business Rocketdyne and named executives to head the new company.

Noodles & Co. expects IPO price of $13 to $15 a share

Fast casual chain Noodles & Co. expects its initial public offering to price at $13 to $15 a share, the company said in a regulatory filing Monday.

U.S. and EU agree to launch free-trade talks

Feds sweep East Coast 7-Elevens in alleged immigration scheme

Federal agents raided 7-Eleven stores across the East Coast on Monday after prosecutors revealed felony indictments accusing franchise owners of operating an immigrant-exploitation scheme from at least 14 of their convenience stores for more than a decade.

Century City aircraft lessor inks $5-billion deal at Paris Air Show

A Century City aircraft-leasing company has signed a contract with Airbus to purchase 50 single-aisle passenger jets in a deal worth about $5 billion at list price.

Director John Woo sees action with Brentwood home sale

Action film director John Woo has sold a house in Brentwood for $2.7 million.