June 20, 2013
Business News
Wal-Mart plans $15 billion more in stock buybacks
FAYETTEVILLE, Ark. — Wal-Mart’s biggest news at its annual meeting on Friday was that the world’s largest retailer will repurchase up to $15 billion of its shares at a time when the behemoth faces ...
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TiVo settles with Cisco, Motorola and Time Warner
NEW YORK — TiVo settled patent disputes with Cisco, Motorola Mobility and Time Warner Cable, averting a trial that was to begin next week and bringing to a close a string of long-running legal squa...
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Natural gas drilling
Kentucky will have its own role to play in a possible natural gas boom, though it may be subdued compared to that of Illinois. Energy companies are leasing in the ballpark of half a million acre...
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US consumer borrowing up $11.1 billion in April
WASHINGTON — Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month. The Federal Reserve said Friday that...
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Weight loss drug Belviq gets overdue US launch
WASHINGTON — Arena Pharmaceuticals says its weight loss drug Belviq will be available to U.S. patients beginning next week, nearly a year after the drug was officially approved by federal regulator...
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Sporty new Corolla aimed at more youthful buyers
DETROIT — Toyota is giving the Corolla a sportier look and more gadgets, a recognition by the world’s biggest automaker that the under-50 crowd wants more than just reliability in a compact car. ...
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Wal-Mart plans stock buybacks
Attention wal-mart investors: Wal-Mart will repurchase up to $15 billion of its shares. Mexico mess: The program comes as Wal-Mart encounters concerns over how it handled bribery allegations tha...
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J.C. Penney launches new home department
J.C. Penney wants you to come home. The struggling department store this week launched its newly revamped home departments in 500 of its 1,100 stores, which feature splashy displays of new lines...
Jun 08, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Economy adds 175,000 jobs in May
WASHINGTON ­— More Americans hunted for jobs in May, and more companies filled them — signs of confidence and resilience for the slow-healing U.S. economy. The 175,000 jobs employers added last ...
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Cheerios stands by TV ad showing mixed-race family
NEW YORK — A mom sits at her kitchen table when her grade schooler saunters up with a big box of Cheerios. “Mom,” says the girl. “Dad told me Cheerios is good for your heart. Is that true?” C...
Jun 06, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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