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Business/Finance :: Top Story

Consumer Reports: Top Mobile Devices

CORPORATE | Thursday Jun 20, 2013
Paul Reynolds, electronics editor for Consumer Reports, talks to the "CBS This Morning" co-hosts about the best smartphones, tablets and cameras on the market.

Banks Fall Short in Helping Struggling Homeowners

FINANCE | By Andrew Miga | Thursday Jun 20, 2013
Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers, a report said Wednesday. Such delays can plunge borrowers deeper in debt. Joseph A. Smith, J

FBI Hunt for Ex-Teamster Boss Hoffa’s Remains Ends

By Corey Williams | Thursday Jun 20, 2013
The excavation of a field in suburban Detroit has failed to turn up the remains of former Teamsters union leader Jimmy Hoffa, the FBI announced Wednesday, adding another unsuccessful chapter to a nearly 40-year-old mystery.

Text of the Federal Reserve’s Statement

LEGAL | Thursday Jun 20, 2013
Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting:
A 4-year-old boy named Remi Walden was burned and died when a Jeep Grand Cherokee was struck from the rear by a Dodge Dakota pickup truck.

Chrysler Expected to Formally Refuse Jeep Recall

CORPORATE | Thursday Jun 20, 2013
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions.

Stock Market Falls as Traders Fear Stimulus Cuts

FINANCE | By Steve Rothwell | Wednesday Jun 19, 2013
Stocks are falling after the Federal Reserve gave a slightly more optimistic outlook for the U.S. economy, which investors took as a hint that the bank was nearer to a decision to reduce its economic stimulus program.

Stuntwoman Sues News Corp. Over Alleged Phone Hack

By Linda Deutsch | Wednesday Jun 19, 2013
A woman who worked as a stunt double for Angelina Jolie sued Rupert Murdoch’s News Corp. in Los Angeles on Tuesday, claiming she’s a victim of a phone hacking scheme to obtain information about the actress.

DreamWorks says TV Revenue to Hit $200M by 2015

CORPORATE | Wednesday Jun 19, 2013
DreamWorks Animation SKG Inc. says its new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015.

With Samsung, Jay-Z’s business continues to boom

CORPORATE | By Mesfin Fekadu | Wednesday Jun 19, 2013
Jay-Z’s partnership with Samsung for his new album, "Magna Carta Holy Grail," is another sign of how musicians are finding new ways to push, sell and promote their music.

Steamy Romance Novels Save a Family of 5

Wednesday Jun 19, 2013
Last summer, Jack and Jasinda Wilder and their five children were deep in a financial crisis. In desperation, the couple self-published a series of steamy romance novels that started picking up followers online. They’ve sold more than a million e-books.

Study Finds Housing Bias Against Same-Sex Couples

FINANCE | By Sam Hananel | Tuesday Jun 18, 2013
A new study finds that same-sex couples are treated less favorably than heterosexual couples when seeking information about rental housing advertised online.