NEW YORK (AP) - Billionaire Warren Buffett, the most closely watched investor in America, is putting his money in ketchup, agreeing Thursday to buy H.J. Heinz Co. for $23.3 billion in the richest deal ever in the food industry.
HOUSTON (AP) - Carnival Cruise Lines has canceled a dozen more planned voyages aboard the Triumph and acknowledged that the crippled ship had been plagued by other mechanical problems in the weeks before an engine-room fire left it powerless in the Gulf of Mexico.
SAN JOSE (AP) - Cisco's latest quarterly report provided further evidence that spending on technology gear is rising modestly in most parts of the world, despite persisting concerns about a still-shaky economy.
DALLAS (AP) - American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the situation.
CUPERTINO (AP) - Apple CEO Tim Cook is calling a shareholder lawsuit against the company a "silly sideshow," even as he said he is open to looking at the shareholder's proposals for sharing more cash with investors.
SANTA CLARA (AP) - Intel's stock fell Thursday after the giant chipmaker lowered its first-quarter revenue forecast, citing weak demand for business desktop PCs and a strong dollar that affects revenue from overseas sales.
WASHINGTON (AP) - Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail in the largest scam of its kind in the history of the agency, a federal investigator said Thursday.
WASHINGTON (AP) - The Food and Drug Administration is keeping a bold-letter warning on Pfizer's anti-smoking drug Chantix about suicidal behavior and other psychiatric side effects, after reviewing company findings suggesting the drug does not increase those problems.
MOUNTAIN VIEW (AP) - Google is helping California drivers shop for car insurance as part of a new service that could foreshadow the Internet company's latest attempt to shake up a long-established industry.
WASHINGTON (AP) - In an encouraging development for consumers worried about antibiotics in their milk, a new Food and Drug Administration study showed little evidence of drug contamination after surveying almost 2,000 dairy farms.