NEW YORK (AP) - Questions over Herbalife Ltd.'s business model have pummeled the nutrition and weight loss company's shares and reputation in recent weeks. Now the company is reportedly the target of an SEC inquiry.
The Wall Street Journal reported on Wednesday that the Securities and
By JOSEPH PISANIAP Business Writer
NEW YORK (AP) - Gift cards are easily forgotten.
All too often they're placed in drawers or stuffed into wallets, never to be seen again. Some $1.7 billion of the $110 billion gift cards bought in 2012 will go unused, according to estimates from research
NEW YORK (AP) - Shares of Facebook are pushing above $30 for the first time since July after it sent out invitations to "come and see what we're building" Tuesday at its headquarters in Menlo Park, Calif.
The company will say nothing more about the event. Speculation Wednesday ranged from a
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Robert Khuzami is leaving the Securities and Exchange Commission after leading the agency's efforts to penalize the nation's largest banks for actions that triggered the 2008 financial crisis.
The SEC announced Khuzami's resignation
SEATTLE (AP) - Washington state transportation officials are exploring whether to charge drivers by the mile to use state highway and roads. A steering committee of transportation experts recently concluded it's feasible to move the state away from gasoline taxes to a "pay as
By KEN THOMASAssociated Press
WASHINGTON (AP) - Governors warned Congress Wednesday that lingering uncertainty over raising the nation's borrowing capacity could hinder their budgets and their ability to foster job growth in their states.
Delaware Gov. Jack Markell and Oklahoma Gov. Mary Fallin
By Andrew Housser
Close to half of Americans are resolving to do better financially in 2013. Most want to focus on saving money for long-term goals, such as education and retirement, or for short-term goals like emergency funds. Nearly 20 percent are resolving to spend less and to pay off debt. If
By TOM KRISHERAP Auto Writer
DETROIT (AP) - General Motors CEO Dan Akerson said Wednesday he hopes the company regains investment-grade credit status this year.
He told reporters that the company is working with credit rating agencies to raise its status from junk, where it's been since 2005.
By CHRISTINE ARMARIOAssociated Press
MIAMI BEACH, Fla. (AP) - Maxi Gonzalez and his family settled into a dinner of sirloin strip steaks and salads at the Maya Tapas and Grill along Miami Beach's famed Lincoln Road. It was the first night of their weeklong vacation from Argentina, and at a
By BRIAN SKOLOFFAssociated Press
TUCSON, Ariz. (AP) - The second anniversary of the rampage that wounded Gabrielle Giffords included the customary solemn remembrances and chiming of bells to recall the victims of the tragedy. It also included a new role for the wounded former congresswoman as a