Seven Fortune 500 Companies That Secretly Run Your Life
These companies may not get a lot of attention, but they define the course of our lives in more ways than you might imagine.
North America
S&P 500 Has Biggest Decline of 2013 After Fed Minutes Released
Stocks are closing lower on Wall Street following news that several top Federal Reserve officials are doubtful about continuing the central bank's economic stimulus. The S&P 500 index had its biggest loss of the year.
Midday Market Minute: Michael Kors Shares Jump To Lifetime High
Fashion company Michael Kors Holdings Ltd raised its full-year forecast after handily beating Wall Street estimates for its third-quarter results with the help of strong sales of luxury items in North America and Europe during the holidays. The results sent the company's shares up 13 percent to a lifetime high on the New York Stock Exchange.
Kraft's $2 Billion Cookie Turns 100
Kraft just celebrated the Oreo's centennial. But with sales at a stunning $2 billion a year, the Oreo is no longer just "Milk's favorite cookie," or America's, for that matter -- it's a global powerhouse.
GM's Next Big Problem: Making Europe Profitable
GM made $2.2 billion in North America in the third quarter, but it couldn't expand on that number with earnings abroad. Now the bailed out, revamped and much-improved automaker has to find a way to make Europe profitable -- because the Continent is essential to its global operations.
Coach Earnings Pop 34% on Strong Sales
Coach reported a 34% increase in its fiscal fourth-quarter earnings on Tuesday, as the handbags and accessories maker continued to see sales pick up in North America and China. Net income for the quarter rose to $195.5 million from $145.8 million a year earlier.
