Apple surge coming? Big bets on Apple. So does that mean a surge is on the way? Buying Apple for less, with CNBC's Melissa Lee and the Options Action traders.
UPDATE 4-Brazil delivers big spending freeze to regain credibility BRASILIA/ RIO DE JANEIRO, May 22- Brazil will freeze 69.9 billion reais worth of spending on investment, education and health programs this year, limiting outlays in a bid to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe the freeze will not be enough to meet Brazil's...
| By: Luciana Otoni and Alonso Soto
UPDATE 3-Wal-Mart urges meat suppliers to curb antibiotic use CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in...
| By: P.J. Huffstutter and Nathan Layne
Recalls this week: booster seats, gas ranges, crossbows A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards. FOR MORE: Call Vivint at 759-8189 from 8 a.m. to 9 p.m. EDT Monday through Friday or online at www.vivint.com and click on "Product Recall."
Source: The Associated Press
| By: By The Associated Press
US STOCKS-Wall St ends lower after Yellen comments fail to inspire *Core inflation highest since January 2013. *Microsoft down after report of Salesforce deal talks. May 22- U.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street's expectations.
| By: Noel Randewich
As ethanol boom fades, ADM sees bright future for corn in grocery aisle CHICAGO, May 22- The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. "Coming up with new products is really what keeps us up at night," said Chris Cuddy, president of corn processing.
| By: Karl Plume