NEW YORK— Whirlpool will buy the coin-operated laundry equipment maker American Dryer Corp. for an undisclosed sum, the company said Monday. American Dryer is based in Fall River, Massachusetts, and it has about 230 employees. Whirlpool Corp. expects to complete the acquisition in early July.» Read More
Nirgunan Tiruchelvam, Equities Analyst at Standard Chartered, discusses the recent CP All - Siam Makro Deal, and gives us tips about whether to invest in Thailand's convenience store market.
KFC parent Yum Brands reported sales fell 13% in March at restaurants in China amid a new bird-flu scare.
An online phenomenon lets people rent, lend or trade almost anything to complete strangers, NBC says.
New York City starts a ban this Tuesday on the sale of big sugary drinks. But there are exceptions to the rule and places to buy them.
Naps aren't just for preschoolers anymore. Some companies are setting up "nap rooms," hoping to boost productivity. That sounds like a charging station -- for humans!
Fears that demand for luxury goods in China is slowing as growth in the country weakens are mere exaggeration and paranoia.
Beer lovers have filed $5 million class-action lawsuits accusing Anheuser-Busch of watering down its Budweiser, Michelob and other brands.
Macy's CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.
Charge a fee to use your credit card? It's legal for merchants to do that, unless barred by state law. Ten states already ban such surcharges and more may join the list. The legislatures in 11 other states are currently considering bills that would prevent these so-called "check out" fees.
Reeking of raw sewage, a crippled cruise ship carrying more than 4,200 people docked at a port in Mobile, Alabama, on Thursday.
PepsiCo is rolling out a Mountain Dew for the morning, Kickstart, which has the Dew flavor plus juice, vitamins B and C and BAM! an extra jolt of caffeine.
Growth in China's services sector hit a four-month high in January, a private survey showed, as a better business climate increased deal-making and lifted corporate confidence to an eight-month peak.
Coca-Cola plans to wade into the intensifying debate over sodas and their impact on public health, using a series of new ads.
The national obsession with shopping – which gave birth to the retail bonanza best known as Black Friday – may be in the process of victimizing itself because of its own success.
Steve Rosier, voice of the customer analytics team at Verint Systems, informs CNBC of survey results indicating that consumers believe customer service is more important to their shopping experience than the price of goods.
Chipotle Mexican Grill’s earnings missed expectations for the third quarter and the fast-food chain forecast slowing sales and potentially higher food costs in 2013.
Target announces programs aimed at holiday shoppers, including a pledge to match online competitors' prices.
Hotel chain Marriott gave investors the first glimpse into the peak summer travel season this week, but the stock may be getting a bit expensive, says one fund manager.
Activist investor William Ackman said Tuesday the board of troubled Procter & Gamble would likely give its chief executive “a little bit more time” to fix its problems, but he took a slap at its lack of a “culture of efficiency.”
Selling high-priced yoga pants has been big business for Lululemon and CEO Christine Day remains confident in the company's competitive position.