More Top Stories in Business

Starbucks CEO Leaving Could Be Bad for the Bonds, Too

Shares of Starbucks (SBUX) fell 2.2% to $57.21 Friday after CEO Howard Schultz announced Thursday that he would be stepping down as head of the coffee company. Kevin Johnson, the current chief operating officer, will assume the CEO job next April.

Yahoo! Finance · 4 hours ago

Obama blocks proposed takeover of Germany’s Aixtron

WASHINGTON — Citing a national security risk, President Barack Obama on Friday blocked a Chinese investor’s proposed takeover of Aixtron SE, a German maker of semiconductor manufacturing equipment, a rare move that drew objections from Beijing and complaints that the U.S. was injecting politics ...

Washington Post · 4 hours ago

Pandora now open to a SiriusXM takeover after rejecting offer in July

Pandora is now open to selling itself, people familiar with the matter tell CNBC.

Yahoo! Finance · 6 hours ago

Here are the CEOs who will have Trump's ear

President-elect Donald Trump announced Friday the 16 business executives who will form his “Strategic and Policy Forum,” a group designed to advise him on job growth. “The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon ...

USA Today · 1 hour ago

U.S. jobless rate falls to nine-year low, payrolls rise

View photosJob seekers fill out applications during the 11th annual Skid Row Career Fair the Los Angeles Mission in Los Angeles, California, U.S. on May 31, 2012. REUTERS/David McNew/File PhotoMore By Lucia Mutikani WASHINGTON (Reuters) - The U.S. unemployment rate fell to a nine-year low of 4.6 ...

Yahoo! Finance · 5 hours ago

U.S. health-care spending grew 5.8 percent in 2015

HEALTH CARE Drug prices, ACA boost spending rate The nation’s health-care tab grew at the fastest rate in eight years in 2015, driven by coverage expansion in the Affordable Care Act and costly prescription drugs, the government said Friday. The growth of 5.8 percent in 2015 boosted total ...

Washington Post · 5 hours ago

Eddie Lampert proposes to buy further stake in Sears Hometown

A Sears logo is seen inside a department store in Garden City, New York, U.S., May 23, 2016. REUTERS/Shannon StapletonMore (Reuters) - Struggling retailer Sears Holdings Corp (SHLD.O) said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc (SHOS.O), ...

Yahoo! Finance · 3 hours ago

AUTO RECALL: Ford recalls 680,000 cars; seat belts may not hold in crash

Ford is recalling more than 680,000 midsize sedans mainly in North America because the front seat belts may not hold people in a crash. The recall covers certain 2013 to 2016 Ford Fusion, 2013 to 2015 Lincoln MKZ and 2015 and 2016 Ford Mondeo cars. Ford says heat generated when the seat belt ... · 3 hours ago

Boycotts. Backlash. Breitbart: U.S. companies confront a volatile political climate

Fruit Loops and Frosted Flakes aren't normally the kind of brands to get caught in the political crosshairs. But in the aftermath of a combustible election, Kellogg cereals and a growing number of consumer brands have suddenly found themselves the unexpected target of boycotts and hot-tempered ...

Washington Post · 6 hours ago

Oil Caps 12% Weekly Gain, But U.S. Rig Count Highest Since January

More U.S. oil rigs rose by three this week as drilling jumped in the Texas' Permian Basin, Baker Hughes said. But oil prices kept rising.

Yahoo! Finance · 6 hours ago