Answer:
I bubble and laugh and spit water in your face. I am no lady, and I don't wear lace.
What is that which, though black itself, enlightens the world without burning?
A beacon from home to guide your way. It can be a lifesaver on a stormy day. What is it?
Although my cow is dead, I still beat her. What a racket she makes!
Each morning I appear to lie at your feet, all day I follow no matter how fast you run. Yet I nearly perish in the midday sun.
Break me and I am better immediately set and harder to be broken again.