Business
PepsiCo pulls Mountain Dew ad after criticism
PepsiCo is once again learning the risks of celebrity partnerships after an ad for Mountain Dew was criticized for portraying racial stereotypes and making light of violence toward women. The soda and snack food company said it immediately pulled the 60-second spot after learning that people found it offensive. The ...
Congressman, former lobbyist get housing, FCC nods
President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., ...
US manufacturing grows in April at slower pace
U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that economic growth may be slowing this spring. The Institute for Supply Management said Wednesday that its index of manufacturing activity slipped to 50.7 last ...
Montana company faces fines in fatal bear mauling
The death of a Montana animal trainer mauled by a pair of 500-pound captive brown bears could have been prevented if standard safety practices had been followed, federal authorities said Tuesday, as state officials revealed that the private menagerie where the death occurred has seen numerous animal escapes. Benjamin Cloutier, ...
Jackson's life recounted in opening of civil trial
Michael Jackson's struggle against drug addiction was on display Monday during opening statements in his mother's wrongful death case against concert promoter AEG Live. Competing portraits of Jackson emerged during the first hours of the trial, with Katherine Jackson's attorney acknowledging the pop star's drug problems while also trying to ...
James Bond studio to open 1st US facility in Ga.
The British film studio that's home to the James Bond movie franchise announced plans Monday for its first U.S. film production facility, at a site near Atlanta. The large-scale film complex will be called Pinewood Atlanta, and Pinewood will manage the facility under an agreement with a group of private ...
'Iron Man 3' rules world, 'Pain & Gain' takes US
"Iron Man 3" was the heavy-lifter at theaters with a colossal overseas debut that overshadowed a gang of mercenary bodybuilders in a sleepy pre-summer weekend at the domestic box office. The Marvel Studios superhero sequel starring Robert Downey Jr. got a head-start on its domestic launch next Friday with a ...
Crowdfunding may be more bust than windfall
Small businesses looking for a windfall of investor money from crowdfunding may find that it's more of a bust. President Barack Obama and members of Congress have touted a law that makes crowdfunding, a method of soliciting money over the Internet, as a way for startups and other small companies ...
Fans sink into Cruise's 'Oblivion' in $38.2M debut
Movie fans slipped into "Oblivion" as the Tom Cruise sci-fi thriller led Hollywood with a $38.2 million debut, according to studio estimates Sunday. That domestic haul comes on top of $33.7 million "Oblivion" added in overseas markets, where the film began rolling out a week earlier. "Oblivion" raised its overseas ...
Raw: Texas Blast Caught on Cellphone
A witness caught the Texas fertilizer blast with his cellphone camera. Erick Perez, 21, of West, Texas stopped to record the fire while playing basketball. (April 18)
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