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.
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.
Billionaire activist investor Carl Icahn said on Thursday that it is time for investors to tread carefully after the run-up in U.S.
The financial world has become obsessed with Cynk Technology Corp. (CYNK:US), a stock that sold for a few pennies for most of its existence before exploding more than 36,000 percent to give it a market value exceeding $6 billion.
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.