business
McDonald's CEO 'proud' of pay hike as protests continue
UPDATE: McDonald's CEO Steve Easterbrook said Thursday he was "incredibly proud" of a recent decision to bump pay for some workers, even as hundreds of protesters outside called on the company to d...
May 21, 2015 01:30 PM | 0 0 comments | 2 2 recommendations | email to a friend
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Why many experts missed this: Cheap oil can hurt US economy
If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.
May 20, 2015 01:15 PM | 0 0 comments | 3 3 recommendations | email to a friend
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Despite growth uptick, full recovery still far for Europe
Europe's economy has been down so long, even a bit of growth looks like recovery.
May 20, 2015 11:15 AM | 0 0 comments | 3 3 recommendations | email to a friend
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US investigation of 2007 peanut butter recall wraps up
ConAgra Foods is likely to face a criminal charge now that the U.S. government has completed its investigation of the company's 2007 peanut butter recall.
May 19, 2015 03:47 PM | 0 0 comments | 3 3 recommendations | email to a friend
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CVS paying $10.4B in cash for drug distributor Omnicare
UPDATE: CVS Health will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: c...
May 21, 2015 02:45 PM | 0 0 comments | 2 2 recommendations | email to a friend
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Lumber Liquidators CEO quits, catching company off guard
Lumber Liquidators CEO Robert Lynch has abruptly quit the company that is embroiled in an investigation over products imported from China.
May 21, 2015 10:45 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Takata air bag recall doubles to nearly 34 million
Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the lar...
May 19, 2015 03:15 PM | 0 0 comments | 3 3 recommendations | email to a friend
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For many low-income workers, calling in sick is a luxury
For Shannon Henderson, getting a cold or flu could be the difference between putting food on the table and going hungry.
May 19, 2015 02:45 PM | 0 0 comments | 3 3 recommendations | email to a friend
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Home Depot nails it in 1Q as housing rebound emerges
UPDATE: A busy spring pushed Home Depot's first-quarter profit and revenue above Wall Street expectations and the home improvement retailer raised its projections for both in 2015.
May 19, 2015 12:20 PM | 0 0 comments | 3 3 recommendations | email to a friend
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UPS settles complaint it shortchanged government customers
United Parcel Service Co. agreed to pay more than $25 million to settle complaints that it kept false records to hide late deliveries of overnight packages to government customers.
May 19, 2015 12:15 PM | 0 0 comments | 3 3 recommendations | email to a friend
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