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Today's News
Cuba lifts ban on energy-hogging appliances
1 hour, 44 minutes ago
Cuba has authorized individual imports of appliances such as air conditioners, refrigerators and microwave ovens, lifting a ban imposed in 2005 amid a wave of energy shortages and blackouts. The list of approved items includes air conditioners with a capacity of less than 1 ton, ovens that consume less than 1,500 watts and microwaves under 2,000 watts.
Hershey tapping into 'milk candy' market in China
1 hour, 48 minutes ago
Hershey is looking to expand in China by tapping into the country's taste for "milk candy." The new product marks Hershey's latest push to expand its presence in China, where the potential for sales growth is far greater than in developed countries such as the U.S. But the company has plenty of catching up to do with just 2.2 percent of the country's chocolate market, according to the market researcher Euromonitor International.
Priceline completes $1.8B deal for Kayak
1 hour, 50 minutes ago
Priceline.com Inc. said Tuesday that it completed its $1.8 billion acquisition of fellow online travel company Kayak Software Corp. Kayak is now a Priceline subsidiary, but will continue to operate as an independent brand, Priceline said. Kayak, which went public last July, runs a website that lets users compare other travel sites when looking for flights, hotels and rental cars. Customers can book directly on Kayak's website.
AP Top Financial News At 10:51 a.m. EDT
1 hour, 40 minutes ago
Apple's Cook to face Senate questions on taxes Indexes edge higher on Wall Street in early trade Best Buy reports 1Q loss on restructuring costs
