| Nov 3, 2013
| 11:19 AM
Wal-Mart is worried about lousy holiday shopping, so the retail giant is pulling out its Christmas deals one whole month early -- hoping, perhaps, that the longer you are faced with a bargain, the more likely you will be to crumble.
This move comes as...
| Nov 1, 2013
| 6:48 PM
U.S. food retailers are poised to take a hit as the federal government reduces its $78 billion-a-year food stamp program.
Grocery stores and other food retailers have struggled in recent years as consumers battered by high unemployment and shrinking...
| Oct 24, 2013
| 6:11 PM
Safeway Inc. shares have climbed for two straight days on speculation of a buyout offer just weeks after the grocery giant deflected another potential takeover.
Buyout rumors erupted this week on reports that private equity firm Cerberus Capital...
| Apr 30, 2013
| 10:10 AM
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses.
The company said it is partnering with the White House, which is leading an...
| Aug 27, 2013
| 1:40 PM
Wal-Mart Stores Inc., the largest private employer in the country, plans to start offering health coverage next year to domestic partners of full-time employees – including those in same-sex relationships.
The extension, outlined in a postcard...
| Jul 29, 2013
You could miss it walking by. A small red circle with a line crossing over an image of a gun and a knife, printed on white paper and posted just east of the entrance: "NO WEAPONS."
But the makeshift sign outside Keefer's Restaurant on Chicago's Near...
| Sep 6, 2013
| 1:49 PM
WASHINGTON (Reuters) - The U.S. Food and Drug Administration said on Friday that after testing 1,300 samples of rice and rice products, it has determined the amount of detectable arsenic is too low to cause immediate or short-term negative health effects....
| May 31, 2013
| 7:27 PM
For years, politicians and labor unions have pilloried Wal-Mart and other large employers for paying workers so little that many qualify for government health insurance at taxpayers' expense.
Now critics fear the public will get stuck with an even...
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...
| Feb 21, 2013
| 9:42 AM
Wal-Mart Stores Inc. beat expectations for its most recent fiscal quarter, but the world’s largest retailer is now warning that higher payroll taxes, income tax refund delays and lofty gas prices will cause stagnant sales during the current quarter....
| Dec 14, 2012
| 8:17 AM
Wal-Mart Stores Inc., Ralph’s owner Kroger Co. and Sara Lee parent Grupo Bimbo are all said to be in the running to buy up assets from liquidating Twinkies maker Hostess, according to a report this week.
The companies, along with Midwest baked...