Retail Sales Rise in May as Import, Export Prices Soften by Reuters Jun 13th 2013 9:23AM U.S. retail sales rose more than expected in May as households stepped up purchases of automobiles and bought other goods, as prices for imports and exports slipped.
Taking You to the Cleaner: The Hidden Cost of Detergent Pods by Adam J. Wiederman Jun 13th 2013 5:00AM Innovation in consumer products is a good thing, right? But sometimes innovation is too good -- and consumers end up paying the price. Case in point: your laundry detergent.
Pfizer Settles Protonix Patent Case for $2.15B by The Associated Press Jun 12th 2013 9:31AM Pfizer says it has reached a $2.15 billion settlement with a couple of generic drugmakers over sales of their versions of the heartburn drug Protonix.
Mass Marketing: P&G to Blanket Manhattan with Product Samples by The Associated Press Jun 12th 2013 7:36AM Procter & Gamble plans to blanket Manhattan on June 19, giving away thousands of trial-size products as the consumer-products maker aims to build awareness about its...
Altria Enters E-Cigarette Market, Igniting Competition by The Associated Press Jun 11th 2013 9:35AM Tobacco company Altria is set to introduce its first electronic cigarette under the MarkTen brand in Indiana starting in August.
DOJ: Apple Conspired with Publishers to Boost E-Book Prices by The Associated Press Jun 4th 2013 6:08AM A U.S. government lawyer opened a civil trial by portraying Apple Inc. as a corporate bully that swaggered into the market for electronic books in 2010.
Chinese Firm Bids $4.7 Billion for Virginia's Smithfield Foods by The Associated Press May 29th 2013 9:18AM Chinese meat processor Shuanghui International has agreed to buy Smithfield Foods for about $4.72 billion in a deal that will take the world's biggest pork producer private.
Abercrombie & Fitch Sales Crater in 1Q, Loss Narrows by Reuters May 24th 2013 10:00AM Abercrombie & Fitch reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages.
Durable Goods Orders Rise Sharply in April by Reuters May 24th 2013 8:56AM Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector.
P&G Brings Back Lafley as CEO by The Associated Press May 24th 2013 6:59AM Consumer-products giant Procter & Gamble brings back its former CEO, A.G. Lafley, a 33-year industry veteran, who left in 2009.
April Retail Sales Unexpectedly Rise by Reuters May 13th 2013 8:48AM U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Chain Retailers Report Solid Sales Gains in April by The Associated Press May 9th 2013 1:00PM Americans spent more during the early spring months in the latest sign that they're encouraged by the economic recovery.
FDA Probe Prompts Wrigley to Halt Sales of Caffeine Gum by The Associated Press May 9th 2013 8:19AM An FDA investigation into the safety of caffeine-added foods has prompted Wrigley to take its new caffeinated gum off the market for the time being.
Is Your Pack-a-Day Habit a Vice, or an Opportunity? by Rich Smith May 6th 2013 12:30PM A new website called costofyourvices.com wants to help you tally up the price of your bad habits. We'll take it a step further and help you make some money from those vices.
U.S. Factory Orders Fell Sharply in March by The Associated Press May 3rd 2013 10:48AM Orders to U.S. factories fell in March by the largest amount in seven months but a key category that signals business investment plans managed a small increase.
Barnes & Noble's Nook to Get Google Play App Store by The Associated Press May 3rd 2013 7:51AM Barnes & Noble is teaming up with Google to vastly increase the number of apps available on its Nook HD tablets.
U.S. Consumer Spending Rises Unexpectedly in March by Reuters Apr 29th 2013 8:48AM U.S. consumer spending unexpectedly rose in March as benign inflation supported household's spending power, a hopeful sign for the weakened economic recovery.
Hike in Payroll Taxes Hasn't Halted Consumer Spending -- Yet by The Associated Press Apr 29th 2013 6:42AM U.S. workers' pay, already struggling to keep pace with inflation, was shrunk by an increase in Social Security taxes on Jan. 1, but consumers so far are stilling spending.
Bristol-Myers Earnings Plunge as Sales of Plavix Plummet by The Associated Press Apr 25th 2013 10:30AM Bristol-Myers Squibb posted a 45 percent drop in first-quarter profit as revenue from its Plavix blood-thinning drug plunged 95%.
Higher Sales Rev-Up Harley-Davidson's Quarterly Profit by The Associated Press Apr 25th 2013 8:08AM Harley-Davidson says its first-quarter net profit rose almost 30 percent as it shipped more motorcycles to dealerships around the world.
Durable Goods Orders Plunge in March as Factories Slow by The Associated Press Apr 24th 2013 10:45AM Orders for long-lasting U.S. factory goods fell in March by the most in seven months, reflecting little growth in orders that signal future business investment.
P&G Quarterly Profit Rises on Cost-Cuts, Market Share Rise by The Associated Press Apr 24th 2013 8:12AM Procter & Gamble says its net income rose 6 percent in the fiscal third quarter, as it cut costs and gained market share in North America.
Big Business Is Finally Waking Up to Global Warming by Alyce Lomax Apr 24th 2013 5:00AM 2012 was the second most extreme weather year in U.S. history, and the corporate world is at last starting to realize that climate change could cost it a fortune.
Hasbro's First-Quarter Loss Widens on Restructuring Charge by The Associated Press Apr 22nd 2013 7:51AM Hasbro says its first-quarter loss widened as the toy maker absorbed heavy restructuring charges and foreign exchange rates flattened its international revenue.
Can Returning CEO Mike Ullman Revive Penney's Fortunes? by The Associated Press Apr 20th 2013 8:00AM The return of the old guard at J.C. Penney have sent shares higher this week, even with major U.S. indexes suffering one of the worst downturns this year.
Kimberly-Clark Posts Higher Profit on Strong Int'l Growth by Reuters Apr 19th 2013 8:37AM Kimberly-Clark posted a bigger-than-expected jump in first-quarter earnings Friday on strong growth in its international markets and cut costs.
Mattel's Q1 Earnings Rise on Solid Sales by The Associated Press Apr 17th 2013 7:01AM Mattel's first-quarter net income more than quadrupled, as sales of Monster High and American Girl products rose, the toymaker says.
U.S. Retailers Report Modest Bump in March Sales by The Associated Press Apr 11th 2013 10:25AM Retailers report a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation and economic worries.
Japanese Automakers Recall 2 Million Cars For Defective Airbags by The Associated Press Apr 11th 2013 6:16AM Four Japananese automakers recall more than 2 million vehicles worldwide for a problem with air bags that may burst, sending plastic pieces flying.
Family Dollar Says Earnings Hurt by Delay in Tax Refunds by Reuters Apr 10th 2013 8:16AM Family Dollar reports weaker-than-expected quarterly profits, saying a delay in tax refunds hurt sales at the end of January and early February.
Macy's, J.C. Penney Resume Court Battle Over Martha Stewart by The Associated Press Apr 9th 2013 7:36AM Attorneys for J.C Penney and Macy's were back in court Monday to fight over the Martha Stewart brand after a monthlong mediation period went nowhere.