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.
The U.S. economy remains brutal on Family Dollar's (FDO) core, low-income customers, who have been making fewer trips there and spending less money.
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.