Marcus Lemonis, a local investor and star of CNBC reality show "The Profit," is near a deal to resurrect Crumbs gourmet cupcake stores, CNBC reported.
Defying expectations, mortgage rates have fallen this year instead of rising. Above, housing construction at Playa Vista. Defying expectations, mortgage rates have fallen this year instead of rising.
Shares in TRW Automotive, one of the world's largest auto component suppliers, surged on Thursday after it said it had received a �preliminary, non-binding� takeover approach, later confirmed as coming from ZF Friedrichshafen of Germany.
Gold futures climbed to a 16-week high as banking concerns in Portugal and a slump in equities boosted demand for the precious metal as a haven.
(Adds graphic). By Shailaja Sharma and Sruthi Ramakrishnan. July 10 (Reuters) - Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of ...