Stephen Lam | Reuters
An associate winemaker of Bouchaine Vineyards, surveys fallen wine barrels after a 6.0 earthquake in Napa, California August 24, 2014.

When a 6.0 magnitude earthquake struck Napa early Sunday, it caused significant damage to local businesses connected to the wine business. At Henry Hill & Company, a bonded wine warehouse, a roof caved in and sent full barrels of high-priced wine tumbling to a concrete floor below. “We’re wading around in a sea of Cabernet,” …

Scot Eells | Bloomberg | Getty Images
Severin Schwan, chief executive officer Roche Holding.

It’s been a record year for health-care mergers and acquisitions. But the traditional targets—biotech companies—haven’t been the main event, as buyers have increasingly looked for overseas acquisitions in tax inversion strategies. “While health-care M&A deal size year to date has surpassed any year in the last 10 years, multibillion-dollar biotech M&A has been fairly lackluster,” …

Burger King eyes merger with Tim Hortons

Two iconic brands, two countries, one merged tax strategy? Burger King is in talks to buy Tim Hortons, the Canadian coffee and donut chain. If the deal goes through, the combine company would be headquartered in Canada, another one of those so-called tax inversions, which could lower Burger King’s tax bill.

Getty Images
Trader on the floor of the New York Stock Exchange.

U.S. stocks rose on Monday, with the S&P 500 hitting the 2,000 milestone, lifted by a round of corporate deals and optimism that the European Central Bank would embark on further moves to stimulate the European economy. Stocks held gains after a report had new-home sales in July coming in below estimates. Remarks Friday by …

NBR Thum

Tonight: The S&P 500 breaks through 2,000 for the first time ever. Which sectors got the market to this point and which will lead the next leg?

Nightly Business Report — August 25, 2014

Tonight on Nightly Business Report, the S&P 500 breaks through 2,000 for the first time ever. Which sectors got the market to this point and which will lead the next leg? And, will Burger King become a Canadian company, with a lower tax rate, by buying Tim Hortons?


The S&P 500 breaks through 2,000 for the first time ever. Which sectors got the market to this point and which will lead the next leg?


Today’s stock stories: T, DTV, ANN, AMZN, GOOGL, BBRY, LTM & GRUB.

Brent Lewin | Bloomberg | Getty Images
A Tim Hortons restaurant in Toronto.

It’s never felt so good waking up to Tim Hortons. Should investors take the profits and run, or stick around for another helping? Shares of the leading Canadian fast-food chain jumped 23 percent in mid-session trading Monday after announcing it was in talks to merge with Burger King Worldwide. The move was a pleasant change of pace …

Michael Winokur Photography | Photolibrary | Getty Images

In the fiercely competitive environment of Wall Street, almost everyone is looking for an edge—from traders who spend years memorizing the trading patterns of a handful of stocks, to research analysts who dig through their Rolodexes (literal and virtual) to delve into the details of a company’s supply chain. But some have found another edge, at …

Jetta Productions | Iconica | Getty Images

The statistics on the unhappy fates of family businesses are well known in the wealth-management world. Only 30 percent of family businesses make a successful transition from the founders to the second generation, 13 percent make it to the third generation, and just 3 percent make it to the fourth. Those statistics don’t reflect the …

Getty Images
A Walgreens store on June 19, 2012 in San Francisco, California.

Slowing economy? Not in San Francisco! I just returned from a week in the Bay Area, including a visit to Sonoma in wine country Thursday (where I missed the earthquake by a mere two days). The impact of the weekend earthquake has yet to be fully absorbed; nonetheless, during my visit I noted some interesting trends …

BSIP | UIG | Getty Images

Printed jawbones and dental implants are set to lead the growth in commercial 3-D printing, with the sector expected to expand over 500 percent in the next 10 years, according to a new report. The dental sector is on the verge of a “mass uptake” of the technology and represents a “clear growth area” for …

Alengo | E+ | Getty Images

Good news: you’re not forgetful, your passwords are just too hard to remember. Now, researchers across the world are working on a whole raft of solutions to make a password-less future a reality. “With passwords, you are required to use a different one for every site, it can’t be a dictionary word or a name, …

Tim Boyle | Bloomberg | Getty Images
A worker making parts for commercial coffee grinding equipment at the Modern Process Equipment manufacturing facility in Chicago.

U.S. economic activity expanded at a rate above its historical trend, a closely watched gauge issued by the Chicago Federal Reserve said on Monday. The Chicago Fed’s National Activity Index rose to 0.39 in July, up from 0.21 percent in the previous month. Any figure above zero indicates the economy is expanding faster than its …