For consumers and business owners, a week of weaving around potential calamities was not exactly a confidence builder. "There's an overall sense of frustration," says Paul Root, a kennel owner in California.
McDonald's Canada Marketing Director Hope Bagozzi responds to a customer's question about how and why the famous McDonald's burgers looks better in front of the lens, and it becomes a YouTube sensation.
Fifteen major banks were downgraded Thursday in a reflection of the slowing global economy and volatility in financial markets. In a sweeping move, Moody's cut the credit ratings of some of the world's largest financial institutions, including Bank of America, Goldman Sachs and Citigroup.
Product safety regulators announced the recall Thursday after hundreds of people reported explosions in their toilet tanks. The faulty flushing system is made by the brand Flushmate — specifically the Flushmate Three Pressure-Assist Flushing System. It's used by several toilet manufacturers including American Standard and Crane.
California Governor Jerry Brown and legislative leaders have reached a deal on the state's budget. The plan includes deep cuts to social programs. It would also knock three weeks off the school year unless voters approve new taxes proposed by Brown.
The Tesla electric car company has high hopes for its new Model S sedan. The five-seater, which hits the streets today, is priced around half what the previous Tesla model, the exclusive Roadster, costs. The EPA rates its range at 265 miles.
PayPal and other tech companies have set their sights on transforming how we shop at retail stores. New services allow customers to pay with their smartphone, or even just a personal identification number and a cellphone number. But these new digital wallets are still tied to transaction fees charged to merchants.
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