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US: Consumer Goods

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  • Nokia CEO's Pay Package Halved in 2012 Friday, 8 Mar 2013 | 4:28 AM ET

    Nokia Chief Executive Stephen Elop took a 45 percent cut in his pay package last year, according to a U.S. regulatory filing, as the company continued losing market share in smartphones to Samsung and Apple.

  • Google to Cut 1,200 Jobs at Motorola Mobility Friday, 8 Mar 2013 | 1:46 AM ET

    Google's Motorola Mobility unit is to shed another 1,200 jobs as the smartphone maker tries to return to profitability, Google said on Friday.

  • Google to cut 1,200 jobs at Motorola Mobility - WSJ Friday, 8 Mar 2013 | 1:23 AM ET

    March 8- Google Inc's Motorola Mobility unit will slash 1,200 jobs or 10 percent of its workforce as the smartphone maker tries to return to profitability, the Wall Street Journal reported on Friday, citing a company email.

  • UPDATE 2-Nokia CEO's pay package halved in 2012 Thursday, 7 Mar 2013 | 3:07 PM ET

    HELSINKI, March 7- Nokia Chief Executive Stephen Elop took a 45 percent cut in his pay package last year, according to a U.S. regulatory filing, as the company continued losing market share in smartphones to Samsung and Apple.

  • BlackBerry encouraged by early Z10 sales, CEO says Thursday, 7 Mar 2013 | 2:41 PM ET

    WATERLOO, Ontario, March 7- BlackBerry has gotten its new touchscreen mobile device on store shelves in more than 20 countries and is very encouraged by the traction that the smartphone is gaining, Chief Executive Thorsten Heins said on Thursday.

  • Cuba to open state-run wholesaler for private companies Thursday, 7 Mar 2013 | 12:55 AM ET

    HAVANA, March 7- Cuba established on Thursday a state-run wholesale company to sell food products, industrial and other consumer goods to private companies and the state sector, a step aimed at meeting a key demand of local entrepreneurs.

  • Stewart Speaks Out After Testifying in Macy's Trial Wednesday, 6 Mar 2013 | 12:13 PM ET
    Martha Stewart speaking with Matt Lauer

    Martha Stewart explains 'It's terribly important that we don't lose' regarding her Macy's/ J.C. Penney trial during an interview with the Today Show Wednesday morning, NBC News reports.

  • Crystal Dupont and her mother, Regina Dupont-Williams, shop for inexpensive groceries at a dollar store.

    About 3.6 million Americans were earning at or below the federal minimum wage of $7.25 an hour in 2012, and those weren't all high school students flipping burgers, about half of them were 25 or older. How do they do that? NBC reports.

  • Apple has held talks with Beats Electronics on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters.

  • SAN FRANCISCO/ LOS ANGELES, March 5- Apple Inc has held talks with Beats Electronics LLC, the audio technology firm co-founded by influential hip-hop producer Dr Dre and music mogul Jimmy Iovine, on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters.

  • Google Controls China's Smartphone Sector: Ministry Tuesday, 5 Mar 2013 | 3:54 AM ET
    Android and iPhone

    Google has too much control over China's smartphone industry and has discriminated against some local firms, the technology ministry said in a white paper.

  • Workers at Chivas Brothers plant in Scotland have accidentally flushed thousands of gallons of the company's Scotch down the drain.

  • LONDON, Feb 28- Growing demand for premium brand cigarettes in developing countries is helping British American Tobacco to cope with falling sales in Western markets, higher taxes and a rise in black market trading.

  • Samsung Elec says loses a Japan patent lawsuit to Apple Thursday, 28 Feb 2013 | 2:54 AM ET

    SEOUL, Feb 28- A Tokyo court on Thursday ruled in favour of Apple Inc in a patent lawsuit over mobile devices filed by Samsung Electronics, the South Korean firm said. The world's top two smartphone makers are engaged in a global legal battle over patents on smartphones and tablets, as they vie to win customers in the lucrative mobile market.

  • Dollar Tree Earnings Top Views on Strong Sales Wednesday, 27 Feb 2013 | 10:48 AM ET

    Dollar Tree, known for selling a large selection of products for $1 or less, had produced higher than predicted quarterly profits this year.

  • Networking creates devices buzz at mobile fair Wednesday, 27 Feb 2013 | 6:59 AM ET

    The world's fastest smartphone, new "phablets"- sized between a phone and tablet- and small tablets optimised to watch video and run multiple applications on 4 G mobile networks were making the biggest splash at the Mobile World Congress in Barcelona. U.S. network operator AT&T Inc, meanwhile, is adding your home and your car to your smartphone contacts.

  • WASHINGTON, Feb 26- The Pentagon unveiled a plan on Tuesday to ultimately enable the Defense Department's 600,000 users of smartphones, computer tablets and other mobile devices to rapidly share classified and protected data using the latest commercial technologies.

  • *Shared data plans like in US may hit Europe next year. BRUSSELS/ BARCELONA, Feb 25- European telecoms companies who have watched with dismay while phone bills shrink are hoping new price plans that emphasise data will win back revenue from smartphone and tablet users making fewer calls but spending more time online.

  • No Horse in IKEA Meatballs in the US, Store Says Monday, 25 Feb 2013 | 2:36 PM ET

    Shoppers in IKEA furniture stores in the United States don’t have to worry that they’re getting a serving of horse meat in the popular meatballs, store officials said Monday.

  • BARCELONA, Feb 25- Nokia launched a 15- euro phone to shore up its position in the basic handset market, where it has lost share while it focused on developing expensive smartphones.