| Sep 14, 2013
| 8:00 AM
The job came with certain unassailable perks. When Raquel Pomplun was anointed Playboy's 2013 Playmate of the Year, the 25-year-old model knew she could expect a Playboy Mansion luncheon hosted by Hugh Hefner, a tomato-red 2014 Jaguar convertible and...
| Dec 9, 2013
| 10:35 AM
Abercrombie & Fitch is keeping controversial Chief Executive Mike Jeffries on board for at least another year after his current contract expires in February, ignoring recent calls for the struggling teen apparel company to cut him loose.
| Oct 29, 2013
| 12:29 PM
Occidental Petroleum, one of the largest crude oil producers in the country, said third quarter earnings jumped more than 14% as domestic oil production increased and gas prices rose.
The earnings report comes nearly two weeks after the Los Angeles...
| Nov 13, 2013
| 11:00 AM
Macy’s Inc. is entering the Thanksgiving-to-Christmas shopping season with a new spring in its step, having handily beaten Wall Street expectations with a 31% surge in its fiscal third-quarter profit.
In the three-month period ended Nov. 2, the...
| Oct 16, 2013
| 9:01 AM
Mattel Inc., the nation’s largest toy company, and Barbie, likely its best-known product, are heading into Christmas looking up.
The El Segundo-based company reported net income of $422.8 million, or $1.21 a share, for the third quarter, which...
| Nov 14, 2013
| 8:20 AM
Wal-Mart Stores Inc. on Thursday reported lower-than-expected fiscal third-quarter revenue and another drop in a key U.S. sales figure. The retail giant also reduced its full-year forecast for the second time.
All this just before the key holiday...
| Feb 26, 2014
| 7:33 AM
The holiday season was never going to be easy for Target Corp. as it tried to lift foot traffic and keep up with competitors’ discounts.
But it was the vast data breach at the Minneapolis retailer in the heat of Christmas shopping season that...
| Nov 11, 2013
| 6:33 AM
Tribune Co., the parent of the Los Angeles Times, reported a nearly $50-million profit in the third quarter as cost cuts offset further erosion in newspaper advertising.
The media company reported net income of $49.8 million in the three months that...
| Feb 26, 2014
| 2:09 PM
U.S. banking industry earnings increased nearly 10% last year to a record $154.7 billion, according to the Federal Deposit Insurance Corp., due mainly to banks setting aside less money to cover potential loan losses and litigation costs.
The FDIC said...
| Oct 17, 2013
| 10:51 AM
UnitedHealth Group Inc., the nation's largest health insurer, reported a tiny uptick in third-quarter profit, disappointing investors who have bid up the company's shares in recent months.
The Minnetonka, Minn., company said government funding cuts to...
| Nov 20, 2013
| 7:35 AM
Retailers are going into the Thanksgiving, Black Friday and Christmas shopping season with a smaller degree of panic after government data showed better-than-expected sales in October.
Retail sales jumped 0.4% last month, according to the U.S. Census...