Russell Stover has a long history, a large distribution network and loyal U.S. customers — the world's largest chocolate market. Lindt specializes in higher-end brands like Ghirardelli and Lindor.
About 1.6 million tons of carbon dioxide will be captured annually from a coal-burning power plant near Houston. Then the CO2 will be injected into a nearby oil field to help boost crude production.
German automaker Volkswagen will add 2,000 new jobs at the Tennessee plant. They'll make a new seven-passenger SUV.
Iraq's Kurdish region sits on vast amounts of oil. The regional government says it has the right to export the oil. But Baghdad is blocking those sales, saying only it has the right to sell Iraqi oil.
Installing solar panels on a house to produce electricity is expensive. Leasing is one popular alternative, but some homeowners are learning 20-year contracts can complicate a home sale.
Actor George Clooney published an online response to allegations made about his upcoming marriage by The Daily Mail, convincing the British tabloid to take its story down. It was just the latest successful example of an evolving phenomenon: the online rebuttal.
Citigroup has agreed to pay $7 billion to settle claims that it committed fraud when it sold mortgage-backed securities in the years leading up to the financial crisis. Most of the money will be paid to the U.S. Treasury, but some will be used to provide mortgage relief to struggling homeowners.
Europe's highest court left Google with the responsibility of balancing the privacy rights of citizens with the public interest — and it's a tough balancing act.
The SEC announced Monday that auditing giant Ernst & Young will pay $4 million to settle charges a subsidiary lobbied Congress inappropriately. The firm neither admitted nor denied the charges.
Virginia furniture owner John Bassett III was determined to beat out foreign competitors. Author Beth Macy documents him, and the collapse of the U.S. furniture industry, in her new book, Factory Man.
The casino sent out a warning on Monday to more than 1,000 employees that their jobs will likely end in September. It could be one of four Atlantic City casinos to shut down.
The nation's top Internet companies are officially pressing for broad regulation to maintain free and equal access to the Internet.
Citigroup has settled civil charges related to the marketing of mortgage-backed securities in the years leading up to the financial crisis. Some of the money will go toward mortgage relief.
The purchase would make the combined company the No. 3 chocolate maker in North America. The deal's value is estimated at around $1.5 billion.
Citigroup will pay $4 billion to the Justice Department and spend $2.5 billion to help struggling homeowners modify their mortgages. And, talks are underway between the government and Bank of America.
The deal frees Citi from potential liability for collateralized debt obligations as well as mortgage-backed securities issued, structured or underwritten by the company between 2003 and 2008.
Tracking the food you eat can be tedious. But a GE scientist is working on a device that goes over your plate, and tells you exactly what's in the food you're about to eat.
Prosecutors in Shanghai have charged a British detective and his American wife with illegally buying and selling personal information about Chinese citizens.
Swiss chocolate maker Lindt & Spruengli says it is buying U.S. manufacturer Russell Stover Candies, Inc., for an undisclosed sum. Lindt says it will become the No. 3 chocolate maker in North America.
Some rookie farmers in northern Michigan are growing saskatoon, an imported shrub from Canada that looks like blueberry. They're also experimenting with it in the kitchen — in jams and pies.