| Jul 25, 2013
| 10:47 AM
Spirit spokesman Ken Evans released these answers about the 360 layoffs Thursday. Below is the verbatim questions and answers.
Q. When is the workforce reduction happening?
A. Employees are being notified July 25.
Q. How many employees are being...
| Aug 22, 2013
| 11:38 AM
A coffee connoisseur may look for balanced flavors, acidity and proper brewing technique in their cup of Joe, but America's palate prefers a more simpler brew: Folgers.
J.M. Smucker Co., the maker of Smucker's jam and Folgers coffee, reported...
| Aug 23, 2013
| 12:31 PM
Microsoft's tumultuous fall on the stock market during the last 13 years has largely been fueled by missteps in the consumer products market.
Though Bill Gates had significant control until 2006, soon-departing Chief Executive Steve Ballmer ultimately...
| Aug 28, 2013
| 12:47 PM
Nearly 40% of the nation’s best-paid CEOs over the past two decades were either fired, forced to take government bailouts or in charge of companies that paid huge amounts in fraud-related claims.
That’s the conclusion of a report Wednesday...
| Sep 9, 2013
| 4:32 AM
If the new-car market is a Big Mac, full-size sedans would amount to only the sesame seeds. They're a sliver of the auto market, accounting for just 3.5% of new-car sales in the first seven months of 2013. Still, automakers......
| Sep 10, 2013
| 10:30 AM
With more and more foreign films now being allowed into China, and potential revenues that can be earned having risen to 25% (from as little as 13%), one might think that doing business in China is getting easier for Hollywood.
But that's simply not...
| Sep 12, 2013
| 4:38 PM
BEIJING — If Nicole Zhou reflects how the Chinese feel about Apple Inc.'s latest iPhones, the technology giant may have a huge struggle on its hands winning consumers over in the world's biggest smartphone market.
One day after the Cupertino,...
| Sep 13, 2013
| 2:30 PM
In the last scenes of the classic film "The Godfather," a young Michael Corleone settles all family business by pushing out ineffective operators and eliminating stumbling blocks to future growth. Oh, yeah, he has some people killed, too. If you do away...
| Sep 30, 2013
| 6:30 AM
The proposed merger between American Airlines and US Airways may not be a done deal, even if almost everyone is behaving as if it were.
Although the combination, which would create the world's largest airline, has pushed back from the gate, it's still...
| Sep 20, 2013
| 8:19 PM
Obamacare is driving a transformation in the way pharmacies do business, so get ready.
The healthcare reform law will expand access to medical services for millions of people. That's going to place added pressure on primary healthcare providers and...
| Jul 3, 2013
| 10:30 AM
BEIJING -- China's B.O. continues to surge, with 6-month revenues rising by 27% to breach the RMB 10-billion barrier for the first time ever in the first half of the year. Local pics grabbed a muscular 63% market share.
With roughly 10 screens being...
| Jul 8, 2013
| 9:14 AM
T-Mobile helped increase the iPhone's share of the smartphone market in the latest three-month period, according to a survey released Monday.
Apple's U.S. smartphone market share increased 3.5 percentage points in the three months that ended in May from...