Premium ContentMouse over Home then click on Premium Content for information.Christie on Buffett: 'Write a check and shut up'
New Jersey Gov. Chris Christie said billionaire investor Warren Buffett, who has called for the nation's wealthiest people to pay more taxes, should "just write a check and shut up." Christie told CNN's Piers Morgan Tuesday, "I'm tired of hearing about it. If he wants to give the government more money, he's got the ability to write a check. Go ahead and write it." Christie has proposed a 10 percent income-tax cut for every New Jersey resident, a cut that Democrats say would favor the rich.
Homes sales show growth
Sales of previously occupied homes rose in January to the highest pace in nearly two years. The National Association of Realtors said Wednesday that home sales increased 4.3 percent last month to a seasonally adjusted annual rate of 4.57 million. That's the highest level since May 2010. The Realtors group also revised December's sales figures to show a 0.5 percent decline. It had initially reported a 5 percent increase.
Fuller Brush files for bankruptcy
Fuller Brush Co., founded in 1906 and known for its door-to-door salesmen, filed for bankruptcy less than two months after saying it had "completely rebooted itself." The cleaning-products company, based in Great Bend, Kan., listed assets and debt of as much as $50 million each in Chapter 11 documents filed Tuesday in U.S. Bankruptcy Court in Manhattan.
Inquiry targets overdraft fees
The Consumer Financial Protection Bureau is beginning an inquiry into how banks levy overdraft fees they charge customers who bounce checks or withdraw more than they have in their accounts using debit cards or automated teller machines, the head of the agency said. Richard Cordray, the director of the bureau, said the agency will try to determine whether banks routinely reorder customer transactions to maximize potential overdrafts and will seek data on the effect of overdraft fees on young and low-income bank customers.
Apple defends use of iPad name
Apple Inc. defended itself in a Shanghai court Wednesday against allegations that it does not own rights to the iPad trademark in China. The heated, four-hour session at the Shanghai Pudong New Area People's Court ended, though, without the local district judge issuing any ruling or giving any public indication of how the case would be resolved.
— From wire reports
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