U.S. stocks are ending lower as fears about the health of a European bank weigh on the market. The Dow Jones industrial average fell 70 points, or 0.4 percent, to finish at 16,915 Thursday.
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.
The salvo, disclosed Thursday, would create an automotive supplier with combined annual sales in excess of $40 billion, based on the most recent filings.
(Reuters) - Billionaire activist investor Carl Icahn said on Thursday that it is time for U.S. stock market investors to tread carefully after the run-up on Wall Street.
Renewed concerns over the stability of European banks sent gold prices up Thursday. News that one of Portugal's biggest financial firms missed a debt payment hit stock markets in Europe, raising worries about the region's banks.