IPO Sizzles as Shake Shack Tests Big Chains

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Shares of fast-casual chain Shake Shack, rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 and giving the operator of 63 restaurants a valuation topping $1.6 billion.

Cheaper Super Bowl Spread? Don't Bet on It

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Recent drops in commodity prices aren’t likely to lower grocery bills for Sunday’s spreads. Guests driving to the parties, though, will get a break on gas.

Dish Surprise Winner in Spectrum Auction

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AT&T topped all bidders in the government’s record setting auction of wireless licenses, but it is Dish Network that may have pulled off the biggest coup, collecting more licenses than any other rival.

Russia Cuts Interest Rates

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Russia’s central bank surprised financial markets with a two percentage point cut in its key interest rate, sending the ruble lower even as the bank said the currency was showing signs of stabilization.

States Dash to Regulate E-Cigarettes

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As the Food and Drug Administration continues to figure out how to regulate the rapidly accelerating use of electronic cigarettes, states are taking matters into their own hands.

AbbVie Hepatitis C Drug Predictions Disappoint

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AbbVie anticipates its new hepatitis C treatment, Viekira Pak, will be selling at an annualized clip of more than $3 billion by the end of 2015, falling short of expectations.

Why 'Free File' for Taxes Isn't So Popular

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Here is how taxpayers can navigate the maze of offerings and avoid unnecessary charges.

Pom's Ads Were Deceptive, Court Says

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A federal appeals court upheld Federal Trade Commission findings that pomegranate-juice maker Pom Wonderful made false and misleading claims its products were effective in fighting heart disease and prostate cancer.

A Super-Bowl Ad Is Just Half the Battle

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For marketers, Super Bowl commercials are just part of the blitz for the big game. Ad executives say it is equally important to make a splash with eye-catching displays at retail stores to reinforce a brand’s message.

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