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Stories tagged: Corporate news


  • Consumer group warns of dangers on store shelves

    WASHINGTON (AP) — A Dora the Explorer guitar, dragster cars with small wheels and finger-fidget desktop magnets are among the toys that consumer advocates are warning about as the holiday …


  • Twinkies maker Hostess lives at least another day

    WHITE PLAINS, N.Y. (AP) — Twinkies will live to see another day. Hostess Brands Inc. and its second largest union agreed on Monday to try to resolve their differences after …


  • Judge asks Hostess to mediate with union

    WHITE PLAINS, N.Y. (AP) — Twinkies won’t die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, …


  • Parade where vets killed used route for 3 years

    MIDLAND, Texas (AP) — Organizers of a parade in West Texas in which four U.S. military veterans were killed when a train plowed into a truck had been using the …


  • J.C. Penney CEO tries to change the way we shop

    NEW YORK (AP) — J.C. Penney CEO Ron Johnson seems unfazed that the department store chain’s mounting losses and sales declines have led to growing criticism of his plan to …


  • Gov’t sues eBay over noncompetition agreement

    WASHINGTON (AP) — The Justice Department alleged Friday that Meg Whitman, the former CEO of eBay Inc., was intimately involved in making an anticompetitive agreement that prohibited eBay and Intuit …


  • APNewsBreak: Huge animal abuse settlement reached

    FRESNO, Calif. (AP) — A landmark $500 million agreement has been reached to settle a slaughterhouse abuse case that led to the biggest meat recall in U.S. history in 2008, …


  • Death spurs recall of 220,000 infant travel beds

    WASHINGTON (AP) — A children’s safety equipment manufacturer has agreed to recall about 220,000 infant travel beds after reports of one infant’s death and nine others entrapped or distressed while …


  • Wal-Mart and Target: A tale of 2 discounters

    NEW YORK (AP) — This holiday season, the biggest discount chains in the U.S. will tell the tale of two very different shoppers: those that have and those that have …


  • Gap raises outlook after stronger 3rd quarter

    NEW YORK (AP) — Gap Inc. raised its outlook for the year after reporting stronger third-quarter net income that beat Wall Street expectations on Thursday. The San Francisco-based clothing retailer …


  • Wal-Mart 3Q profit up but shares slide on outlook

    NEW YORK (AP) — Wal-Mart reported a 9 percent increase in third-quarter net income as the world’s largest retailer continues to woo back shoppers by reemphasizing low prices. But momentum …


  • Wal-Mart’s 3Q profit up 9 percent

    NEW YORK (AP) — Wal-Mart Stores Inc. reported a 9 percent increase in third-quarter net income as the world’s largest retailer continues to woo back shoppers by reemphasizing it has …


  • Lawyers surrender tapes in Waffle House CEO suit

    MARIETTA, Ga. (AP) — Lawyers turned over recordings Wednesday of Waffle House CEO Joe Rogers Jr. engaged in sexual acts that were made by a woman who alleges the executive …


  • Coastal panel mulls quake study near nuke plant

    LOS ANGELES (AP) — California coastal regulators were set to weigh in Wednesday on a utility’s contentious plan to map offshore earthquake faults near a nuclear power plant by blasting …


  • CA coastal panel mulls quake study near nuke plant

    LOS ANGELES (AP) — California coastal regulators were set to weigh in Wednesday on a utility’s contentious plan to map offshore earthquake faults near a nuclear power plant by blasting …


  • NTSB urges safety technologies be made standard

    WASHINGTON (AP) — The government should require automakers to make the latest collision prevention technologies standard equipment on all new cars and trucks, a move that could reduce fatal highway …


  • APNewsBreak: Minn. settles last 35W bridge case

    ST. PAUL, Minn. (AP) — Minnesota’s five-year legal battle over the collapsed Interstate 35W bridge has ended with an $8.9 million settlement involving a California design firm, which paid its …


  • Penney is the day’s biggest stock loser

    NEW YORK (AP) — J.C. Penney Co. executives may be confident in the department-store chain’s everyday low pricing strategy, but its investors are panicking. The company’s stock fell more than …


  • Penney is biggest S&P stock loser

    NEW YORK (AP) — J.C. Penney Co. executives may be confident in the department-store chain’s everyday pricing strategy, but investors are panicking. The company’s stock fell nearly 11 percent on …


  • More women have driver’s licenses than men in US

    WASHINGTON (AP) — Women have passed men on the nation’s roads. More women than men now have driver’s licenses, a reversal of a longtime gender gap behind the wheel that …


  • Many on NY’s Long Island still dark after Sandy

    HICKSVILLE, N.Y. (AP) — Two weeks after Superstorm Sandy, while most utilities have restored electricity to nearly all their customers, there was one glaring exception Monday: a Long Island power …


  • New Orleans streetcar line to get Super Bowl debut

    NEW ORLEANS (AP) — With the Super Bowl less than three months away, New Orleans is rushing to lay streetcar tracks through one of its busiest corridors to connect by …


  • J.C. Penney reports hefty 3Q loss

    NEW YORK (AP) — J.C. Penney Co. is hoping it has finally hit rock bottom. The bad news just keeps getting worse for the struggling department-store chain, which on Friday …


  • Co-workers puzzle over Calif. plant shooting

    FRESNO, Calif. (AP) — As employees return to work Thursday at a chicken-processing plant that was the scene of a fatal workplace shooting, authorities and co-workers puzzled over what set …


  • Limits on class-action lawsuits at Supreme Court

    WASHINGTON (AP) — The Supreme Court is reviewing two cases in which businesses are trying to make it harder for customers or investors to band together to sue them. The …


  • Songs offer messages of hope at Sandy benefit show

    NEW YORK (AP) — From “Livin’ on a Prayer” to “The Living Proof,” every song Friday at NBC’s benefit concert for superstorm Sandy victims became a message song. New Jersey’s …


  • Iraq war contractor ordered to pay $85 million

    PORTLAND, Ore. (AP) — A jury on Friday ordered an American military contractor to pay $85 million after finding it guilty of negligence for illnesses suffered by a dozen Oregon …


  • Christie pushes for faster storm recovery in NJ

    MOONACHIE, N.J. (AP) — In a whirlwind of post-storm decisions that might ruffle some feathers, Gov. Chris Christie announced a string of orders and plans intended to speed New Jersey’s …


  • RI sues Schilling over 38 Studios loan guarantee

    PROVIDENCE, R.I. (AP) — Rhode Island’s economic development agency on Thursday sued former Red Sox pitcher Curt Schilling and some of its former officials, saying they committed fraud and other …


  • ABC News asks judge to toss ‘pink slime’ lawsuit

    SIOUX FALLS, S.D. (AP) — Lawyers for ABC News asked a judge Wednesday to toss out a $1 billion defamation lawsuit filed by a South Dakota-based meat processor over a …


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