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Wendy's/Arby's warns of rising commodity costs

Wendy's/Arby's Group Inc reported a smaller quarterly loss as sales at Arby's established restaurants improved, but the restaurant chain lowered its 2011 profit forecast citing rising commodity costs.

Import price rise slows in April

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U.S. import prices rose at a slower pace in April as petroleum and food cost increases moderated, supporting views the recent jump in commodity prices was likely to be transitory.
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Schwarzenegger Shriver split: details of the separation

CBS News is reporting that it was as recently as this past weekend that Arnold Schwarzenegger and Maria Shriver were seen together celebrating the graduation of their nephew. Even though they were together and smiling, Shriver wasn't wearing her wedding ring.

U.S.-China Clashes Laid Bare in Latest Talks

U.S. and Chinese officials in Washington on Monday laid out differences on human rights in China, U.S. exports on high technology products, and China's exchange rate as they held ongoing talks to resolve strategic and economic issues.
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Wall St set to rise after strong Chinese data

U.S. stocks were set to rise at the open on Tuesday after strong Chinese trade data eased concerns of a slowdown in the world's second-largest economy and pointed to strong global demand.

Rise and rise of gold: Will prices hit $2,500 on 'insatiable' Chinese demand?

Investors around the world, more so the Chinese, are buying up gold assets to cover against rising inflation risk, macroeconomic uncertainties, a possible currency doom and the ever worsening U.S. debt scenario. The gargantuan demand from China can cause the yellow metal's prices to skyrocket, analysts feel. If the Chinese buying trend is ably supplemented with a fall in the value of dollar, this could result in a skyrocketing of prices.
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Stock futures rise on strong Chinese data

U.S. stock index futures rose on Tuesday as strong Chinese trade data eased concerns of a slowdown in the world's second-largest economy and pointed to strong global demand.
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Toyota: output recovery still seen taking to year-end

Toyota Motor Corp <7203.T> on Tuesday denied a report its output would return to pre-quake levels two or three months earlier than expected, but said it will try to resume normal production as soon as possible.
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Stock index futures rise; Microsoft eyed

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.1 percent at 0818 GMT.

Key facts about Skype

Microsoft turned the tables on long-time Skype wooers Google and Facebook to reportedly land an $8.5 billion deal to buy the popular Voice over Internet Protocol service. The following are some key facts about Skype:
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China trade surplus jumps to highest in 4 months

China posted its biggest trade surplus in four months in April, swinging from a trade deficit in the first quarter, as senior Chinese and U.S. officials sought to resolve disputes over trade and other policy differences.

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