Business
When giving gift cards, understand the pitfalls
Gift cards often come with a tangle of fine print and fees that can ensnare unsuspecting recipients.
Posted: 10 days agoDunkin' Donuts executive settles with Starbucks
Paul Twohig of Hilton Head, S.C., a former Starbucks Coffee U.S. senior vice president who jumped ship to work for Dunkin’ Donuts, has agreed to pay $500,000 to settle a lawsuit that accused him of violating a non-competition agreement.
Posted: 10 days agoRecession leads lower-priced chains to thrive
Recession-weary consumers have shifted from higher-priced restaurants meals to cheaper alternatives like Panera, which sells sandwiches, soups and other snacks.
Posted: 10 days agoNew home sales fall a surprising 3.6 percent
Sales of new homes dropped unexpectedly last month as the effects of a temporary tax credit for first-time owners started to wane.
Posted: 10 days agoOil slips for second day, falls below $79
Oil prices fell for a second day Wednesday in Asia as investors eyed a bigger-than-expected U.S. crude inventory increase and weak economic data.
Posted: 17 days agoLilly posts 3Q profit; analysts doubt future sales
Eli Lilly & Co. turned a third-quarter profit as sales volume on several drugs climbed, but its newest drug and a possible key source of future revenue started slowly.
Posted: 17 days agoWells Fargo 3Q profit rises, but so do loan losses
Wells Fargo & Co. on Wednesday reported a $2.6 billion third-quarter profit as the company’s retail banking operations, including the businesses it acquired with the purchase of Wachovia Corp., offset rising loan losses.
Posted: 17 days agoJudge can't enforce $97M judgment against Dole
A Florida judge has said a $97 million judgment against U.S. food giant Dole and Dow Chemical Co. cannot be enforced because the Nicaraguan court that issued it neither had jurisdiction nor met international legal standards.
Posted: 17 days agoWorld hunger reaches 1 billion people
The U.N food agency reported Wednesday that the economic crisis has increased world hunger to a record of 1 billion people.
Posted: 23 days agoFishermen hope consumers become more 'crabby' this season
With Thursday marking the start of the season, Florida’s fishermen are optimistic consumers will have a larger appetite for stone crab claws this year. Feeling the pains of the recession in 2008, stone crab claw sales went down to 2.92 million pounds. Officials said sales were at 3.15 million pounds in 2007.
Posted: 23 days ago