US: Consumer Services
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THE SPARK: The company formally known as Ulta Salon, Cosmetics& Fragrance Inc. reported after the market closed Tuesday that its profit increased 20 percent to $41.8 million, or 65 cents per share. Revenue shot up 23 percent to $582.7 million for the period ended May 4.
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Consumers will be shielded from increases in interest rates on existing account balances on their credit cards under new rules being adopted by federal regulators.
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Shares of Philip Morris International, the world's largest non-state-owned cigarette maker, rose as much as 5 percent Monday morning in their first day of trading after the company was spun off from Altria Group.
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Starbucks Corp is testing $1 coffees and free refills, The Wall Street Journal reported on Wednesday, as the global coffee chain faces increasing competition from fast-food rivals.
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Ever get bored drinking just plain water? Sure. But you don't want the sweet stuff they add to some brands, and you haven't got a slice of lime handy. Now there's a new option: Hint water, with - you guessed it - just a hint of flavor.
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Are you shuffling through an array of credit cards, debit cards and loyalty cards every time you approach a cashier? A new device called icache lets you consolidate all your cards into one, plus you get a big boost in security. The device and the company’s President, Jack Harvey, are featured on this week’s “Innovations.”
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One block from Carnegie Hall, four blocks from Le Cirque, at the intersection of wealth and style, New York City has a new restaurant. The menu? Airline food. But Delta Air Lines says it's like no airline food you're likely to remember.
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H&R Block, the largest U.S. tax preparer, on Tuesday said it will eliminate 575 jobs at its Option One Mortgage Corp subprime lending unit, on top of 615 job losses announced on May 15.
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Retailer Macy's is preparing to launch a $100 million fall advertising campaign with celebrities such as Martha Stewart and Donald Trump as it tries to boost its dowdy image and sagging sales, The Wall Street Journal reported on Wednesday.
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IAC/InterActive Corp's Ticketmaster, the largest U.S. ticket seller, has halted talks to reach a new long-term agreement with concert promoter Live Nation, according to The Wall Street Journal.
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