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Investors hand over $40 million  

Hundreds of clients trusted one woman running an annuity investment business, but she was running a scam, reports CNBC's Andrea Day.
Source: CNBC.com
Renewable energy hasn't been this big since wood

The last time Americans used this much renewable energy was in the 1930s, when the burning of wood was more widespread.
Source: CNBC.com | By: Reem Nasr
Florida coasts have grown, but hurricane damage risk hasn't

MIAMI- Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million people and almost a half-million new houses, an Associated Press analysis shows. The improvement derives from Florida's statewide building code,...
Source: The Associated Press | By: By MIKE SCHNEIDER, JENNIFER KAY and MELISSA NELSON-GABRIEL, Associated Press
Bet on these trends: Top tech investor

Kevin Landis, the top-performing fund manager in the "Squawk Box" Platinum Portfolio Challenge, up 34 percent this year, explains how he picks winning trades.
Source: CNBC.com | By: Kevin Landis, chief investment officer, Firsthand Capital Management
19 famous companies that had different names

Did you know that many household-name companies actually started out with completely different names?
Source: CNBC.com | By: Karissa Giuliano
European vegoils-Palm oil rises on strong exports, soyoil gains

LONDON, May 26- Palm oil prices on Europe's vegetable oils market rose on Tuesday, boosted by the strong pace of Malaysian exports and gains in CBOT soybean oil. Crude palm oil offers were raised by up to $10.00 per tonne while RBD palm olein asking prices were increased by $10.00 to $15.00 per tonne. RBD palm olein for July/September shipment last traded at $630 a...
Source: Reuters
Taco Bell, Pizza Hut: Artificial ingredients getting booted

NEW YORK- Taco Bell and Pizza Hut say they're getting rid of artificial colors and flavors, making them the latest big food companies scrambling to distance themselves from ingredients people might find unappetizing. Instead of "black pepper flavor," for instance, Taco Bell will start using actual black pepper in its seasoned beef, says Liz Matthews, the chain's...
Source: The Associated Press | By: By CANDICE CHOI, AP Food Industry Writer
United Arab Emirates launches national space agency strategy

"The United Arab Emirates is seeking to confirm its status as a spacefaring nation," he told a gathering at an event rolling out the federal body in the capital, Abu Dhabi, that featured models of Emirati satellites and waiters serving space-themed canap├ęs, like hummus in metal squeeze tubes. Abu Dhabi's Al Yah Satellite Communications Co., better known as Yahsat,...
Source: The Associated Press
UPDATE 3-McDonald's CEO gets grilled at first annual meeting

LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on...
Source: Reuters | By: Lisa Baertlein and Ross Kerber
Got a baby? Need some gear? Tips from the NY Baby Show

NEW YORK- How new or expectant parents navigate the megaworld of baby gear and its precursor, the megaworld of pregnancy gear, is an individual quest. Outfitting a nursery for the first time can be overwhelming, but separating need and want is simple, said Vanessa Antonelli, a nursery designer and baby gear expert. "You can fold it away, take it on the go with you when you...
Source: The Associated Press | By: By LEANNE ITALIE, Associated Press