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Buffett's Berkshire Hathaway already owns Dairy Queen. Brazil's 3G Capital, which is part of the deal to buy Heinz, already owns Burger King.

The announcement of a merger between American Airlines and US Airways on Thursday represents the culmination of a decades-long shake-up in the commercial airline industry. What does the merger mean for employees, consumers and a changing industry?

The Crystal River nuclear plant was a driver of commercial life in rural Citrus County, Fla. The power company's decision to close the troubled plant will leave taxpayers and ratepayers on the hook for up to several billion dollars and has residents worried about their region's future.

The clock is ticking on the sequester. That's the Washington term for the across the board spending cuts that will take effect March 1st unless Congress acts to put them off.

Warren Buffett is one of the investors in a $23 billion bid to buy HJ Heinz Company. Lesser known is one of Buffet's partners in the acquisition. Jorge Paulo Lemann is Brazil's richest man, according to Bloomberg.

Fried chicken and waffles is a delicious combo — but is it a traditional Southern one? A lot of readers objected to the idea that this dish originated in the South. We look into the roots of the pairing — and the objections to calling it Southern.

Robert Menendez was re-elected in a landslide and recently became chairman of the Senate Foreign Relations committee. But the Democratic senator has been hit with an ethics probe amid scrutiny over his ties to a wealthy Florida eye doctor and big political donor.

Also: Some authors are buying spots on bestseller lists; the legacy of Philip Roth; and details of Thomas Pynchon's next novel.

U.S. banks made $141.3 billion in net income last year. That's second only to the profit they made in 2006, before the financial crisis. Many of the banks that profited the most, have benefitted from a government bailout.

The U.N. Security Council held an emergency meeting Tuesday to discuss North Korea's latest nuclear test. Any specific U.N. response depends largely on China, North Korea's primary trading partner. Former CIA China analyst Christopher Johnson weighs in on China's options and their potential influence on a coordinated international response.