Hot stocks: 5 sizzling performers in May

NEW YORK (CNNMoney) While there were many winners this month (sorry Whole Foods (WFM, Fortune 500) -- you definitely didn't make the cut), check out the rankings of the five hottest companies in the S&P 500 in May. 1. Netflix: Binge watching...

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Sonic & Chili's: Leave guns at home

Chili's told guests Friday to "refrain from openly carrying firearms into our restaurants." NEW YORK (CNNMoney) Chili's, which is owned by Brinker International (EAT), said Friday, "We kindly ask that guests refrain from openly carrying firearms...

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Want Beyoncé tickets? Wait till the last minute

Beyoncé and Jay-Z will be kicking off their tour at Sun Life Stadium in Miami in June. Last year, she played smaller arenas. NEW YORK (CNNMoney) The reason: Unlike last year, some of the hottest concerts -- Beyoncé, Rihanna, and One Direction...

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Amazon-Hachette feud: No end in sight

Amazon and its CEO, Jeff Bezos, rarely comments publicly about business issues. But it has weighed in on its dispute with Hachette. NEW YORK (CNNMoney) The unusual suggestion was made on Tuesday in an equally unusual statement titled "Hachette/Amazon...

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Apple buying Beats for $3 billion

Dr. Dre, who co-founded Beats, will join Apple. NEW YORK (CNNMoney) Apple (AAPL, Fortune 500) will pay $2.6 billion up front, plus another $400 million over time. Apple's getting stylish hardware from Beats Electronics and a streaming service...

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Why Snowden waited a whole year for his TV close-up

Edward Snowden appeared by videoconference at SXSW, but an interview with NBC is his first television sit-down. NEW YORK (CNNMoney) How long, they wondered, might he wait to have his first sit-down television interview, to speak out about why...

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Correcting your credit report gets easier

(Money Magazine) Pushed by the Consumer Financial Protection Bureau, major credit reporting companies Equifax, Experian, and TransUnion have changed their complaint systems to let people dispute reports' mistakes in greater detail. Related: Best...

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Rent gets cheaper at One World Trade Center

NEW YORK (CNNMoney) The owners of the tower cut the rent from $75 to $69 per square foot on floors below the 64th in an attempt to attract more tenants. About 45% of the office space has yet to be leased. The rate was too high even for such an...

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Michigan raises minimum wage to $9.25

What is the minimum wage in your state? Click the map to find out. NEW YORK (CNNMoney) The state's hourly minimum wage will increase in phases from $7.40 until it reaches $9.25 in 2018. The legislature passed the bill Tuesday and Republican...

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Production halt for India's iconic Ambassador

An Ambassador taxi on the streets during monsoon rain in Kolkata. HONG KONG (CNNMoney) Once the vehicle of choice for Indian politicians and bureaucrats, the Ambassador's design was borrowed from Britain's Morris Oxford. The car's look hasn't...

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Pfizer ditches pursuit of AstraZeneca

Pfizer has dropped its pursuit of AstraZeneca after repeated takeover attempts. LONDON (CNNMoney) The American drug maker announced Monday that it was withdrawing its latest in a series of unsolicited offers. That bid valued AstraZeneca (AZN)...

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European stocks rise as elections wrap up

Alexis Tsipras leads the far-left Syriza party in Greece. His anti-austerity party that has received roughly 27% of the vote. LONDON (CNNMoney) Germany's DAX index led the way with a 1.3% rise. Spain's IBEX gained 1.2%, while France's CAC 40...

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Tech stocks are back. Forget that Spring sell-off

The Nasdaq has rebounded in May and is currently up 1.7%. Click the chart for more stock info. NEW YORK (CNNMoney) The truncated week will also mark the end of a dramatic month for stocks. Nasdaq rallies in May Investors traditionally unload...

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Did Piketty get it wrong? Analysis questions author's data

NEW YORK (CNNMoney) On one side is Thomas Piketty, author of the best-selling tome "Capital in the Twenty-First Century." He argues that wealth inequality is growing and "threatens to generate extreme inequalities that stir discontent and undermine...

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How celebrity hacker 'Sabu' helped feds thwart 300 cyber-attacks

NEW YORK (CNNMoney) That's according to new U.S. government documents that for the first time provide extensive detail about what they call the "extremely valuable and productive" undercover cooperation of Hector Monsegur. Monsegur used the Sabu...

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Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...

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I sold my startup to Cisco. Here's why

Dov Yoran, CEO and co-founder of ThreatGRID, talks about why he sold his company to Cisco Systems. NEW YORK (CNNMoney) Yoran had grown accustomed to refusing countless tech companies and investors who wanted a piece of his firm's sophisticated...

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GM faulty ignition crashes now 47

This is the 57-cent part at the center of GM's recall crisis. NEW YORK (CNNMoney) GM (GM, Fortune 500) has raised the number of frontal-impact crashes linked to the problem ignitions to 47 from 32, according to company spokesman Greg Martin....

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Just 2% of GM cars have ignition switch fix

A mechanic at a GM dealership in Michigan replaces an ignition switch on a recalled car. NEW YORK (CNNMoney) GM (GM, Fortune 500) began repairing the 2.6 million recalled vehicles six weeks ago. The automaker says that dealers have made such...

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Seinfeld's 'Comedians in Cars' adding 24 new episodes

Seinfeld's 'Comedians in Cars Getting Coffee' premiers June 19 and now has a sponsor for the next four seasons. Click the image for a gallery of some of the cars, and stars, that have appeared on the show so far. NEW YORK (CNNMoney) This will...

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Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...

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Can Modi make India the new China?

Narendra Modi will be sworn in as prime minister on Monday. HONG KONG (CNNMoney) But is he the leader to haul India out of its funk, and put the world's second most populous nation back on track to rival China? Investors think so. The prospect...

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Army of robots to invade Amazon warehouses

These robots scoot around warehouse floors picking up items to fulfill customers' orders. NEW YORK (CNNMoney) CEO Jeff Bezos told investors at a shareholder meeting Wednesday that he expects to significantly increase the number of robots used...

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GM recalls may continue, says Barclays

According to a new report GM may continue recalling cars into the summer. NEW YORK (CNNMoney) That's according to a research report from Barclays Capital. Auto analyst Brian Johnson says he met with senior management at GM (GM, Fortune 500)on...

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Hackers can 'un-brick' stolen iPhones

A Twitter user in Mexico shows off four iPhones that were unlocked with this hack. NEW YORK (CNNMoney) The hackers have discovered a method for bypassing a protective feature on Apple (AAPL, Fortune 500) devices. Lost your iPhone? No worries....

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Are GM cars safe? Yes, they are

The Chevrolet Equinox, shown here in a crash test, earned a "Top Safety Pick Plus" award from the Insurance Institute for Highway Safety. NEW YORK (CNNMoney) You can rest assured that GM cars are about as safe as any others on the road. Why...

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110 arrested outside McDonald's HQ

Police said they arrested over 100 protesters. CHICAGO (CNNMoney) The group of protesters had marched up the driveway of McDonald's sprawling campus in suburban Chicago. They were met by about 250 law enforcement officers, including state police...

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McDonald's scary Happy Meal mascot

Meet "Happy," McDonald's new ambassador for Happy Meals. NEW YORK (CNNMoney) But within hours, the new square-faced red and yellow mascot with big white teeth was scaring away people on Twitter and had become the butt of jokes. @DrZombield...

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