News Summary: US mortgage rates up, but still low
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.
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Pepper your wardrobe with 'Gatsby' glitz for less
Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don't need a wallet the size of Jay Gatsby's to get the look.
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Snapple co-founder Leonard Marsh dies at 80
Leonard Marsh, the co-founder of the Snapple beverage brand, has died at age 80.
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Kerry Kennedy, farmworker protest Wendy's in NYC
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
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McDonald's can't shake criticism about nutrition
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday - including some sharp remarks from a 9-year-old girl.
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Kerry Kennedy, farmworker protest Wendy's in NYC
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
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Shareholder adviser firm paying $300,000 fine
A prominent firm in the business of advising big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.
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Stocks head lower, market on track for weekly loss
The stock market headed lower in midday trading Friday, putting it on track for its first weekly loss in a month.
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A year later, U.S. trade with Colombia grows while anxiety mounts
Colombian Ambassador Carlos Urrutia says there’s no doubt that his country’s trade deal with the U.S. has paid off. U.S. officials are equally excited, saying U.S. businesses have improved their sales to the South American country by 20 percent. But a year after the agreement took effect, the growth in trade is producing mounting anxiety in some quarters.
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Stocks head lower, market headed for a weekly loss
The stock market is heading lower in midday trading, putting it on track for its first weekly loss in a month.
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CEO Pay: It's good to be in health care
Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least.
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CEO raises, pay cuts; What a change 1 year makes
Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.
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Say on pay: Shareholders rarely reject CEO pay
Big U.S. companies are required to offer their shareholders a "say on pay" vote - essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.
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Top 50 highest-paid CEOs
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.
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With great power comes great perks
Here's a look at what companies spent in 2012 on CEOs' country club and business club memberships, private jet travel and home security.
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Rue21 agrees to go private in nearly $1B deal
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
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Sales gains lift Dollar Tree's 1Q profit 15 pct
Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.
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Stocks fall on Fed, weak Chinese manufacturing
Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program.
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US rate on 30-year mortgages rises to 3.59 pct.
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
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US new home sales up 2.3 percent in April
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
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