| Jul 3, 2014
| 6:18 AM
U.S. employers added a robust 288,000 jobs last month and the unemployment rate fell to a six-year low of 6.1%, the government reported Thursday.
The net job growth in June exceeded analysts' expectations and signaled a strengthening labor market as the...
| Jul 2, 2014
| 10:19 AM
The lackluster economy prompted Gov. Martin O'Malley to propose erasing $84 million in planned spending for next year.
Just a day after the new state budget took effect, O'Malley persuaded the Board of Public Works unanimously to approve a modest set of...
| Jun 29, 2014
| 6:45 PM
Back in mid-1930s Los Angeles, Hubert Hansen probably never envisioned that his fresh juice business would turn into a monster.
Monster Beverage Corp. of Corona has become a giant in the energy drink industry and may be on track to overtake its...
| Jun 30, 2014
| 9:21 AM
(Reuters) - Activist investor Nelson Peltz has built up a $1 billion stake in BNY Mellon Corp in what could lead to a shakeup over lagging stock performance and rising operating expenses at the world's largest custody bank.
Shares of BNY rose more than 2...
| Jun 26, 2014
| 2:40 PM
McCormick & Co. saw its profit jump nearly 8 percent in the second quarter amid higher sales to consumers as well as to food manufacturers and restaurants, the Sparks-based spice maker said Thursday.
But higher-than-expected earnings, mostly driven by...
| Jun 25, 2014
| 4:30 PM
Citing strong reactions to its plans for launching three digital networks, Cinedigm topper Chris McGurk is promising a robust expansion of its streaming services.
McGurk made the assertion Wednesday as part of Cinedigm's earnings report for its fourth...
| Jun 20, 2014
| 4:26 PM
While serving up another disappointing earnings report Friday, Darden Restaurants said its struggling Olive Garden chain is on the verge of a turnaround.
The chain is rolling out improvements, executives told analysts, and sales at established...
| Jun 20, 2014
Allstate Corp. appears to rely more on credit scores than other big insurers when quoting premiums for consumers shopping for car insurance, a WalletHub.com survey found.
The personal finance website found that there is usually a 65 percent differential...
| Jun 17, 2014
| 5:08 PM
The Alex Theatre ended the third quarter with a 16% drop in income to $235,545 compared to the same quarter a year ago, with venue operators attributing the decline to closures associated with the theater’s 6,600-square-foot expansion, according...
| Jun 13, 2014
| 12:53 PM
Tribune Publishing will carry $350 million of debt when it spins off as a stand-alone company, $25 million higher than previously stated. That figure includes a $275 million cash dividend payable to Tribune Co., which remains the same.
| Jun 11, 2014
| 8:59 PM
Restoration Hardware’s gargantuan annual catalog, which set a record this year with a bundle of 13 “sourcebooks” totaling more than 3,300 pages and weighing 17 pounds, has critics on social media in an indignant tizzy.
People who got...