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
Wal-Mart Stores is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.
While the adult entertainment business is faltering, however, adult novelties are in the midst of a renaissance.
The nation's biggest toy-store chain is placing its holiday bets — and because the stakes are high, the prices are lower.
The huge cost of a higher education—plus the need by many laid off workers to learn new skills—has sparked a sharp increase in online education. And online degrees, especially from well-known institutions, are gaining acceptance among employers.
You don't have to be a fan of the show, or of the soap opera genre it pioneered, to feel a sense of gravity at the demise of "Guiding Light."
Selling Hawaii could be considered the easiest job in the world.
Both the Government Accountability Office and the Environmental Working Group, a research and advocacy organization, recommend in reports being released Wednesday that bottled water be labeled with the same level of information municipal water providers must disclose.
PepsiCo Chief Executive Indra Nooyi said Thursday she is not concerned about the potential for Moody's to downgrade the company's credit rating if it succeeds in acquiring its two largest bottlers Pepsi Botting Group and PepsiAmericas.
Kimberly-Clark said Thursday that it would cut about 1,600 salaried jobs, or roughly 3 percent of its workforce and take up to $150 million in charges as it tries to become more competitive in the recession.
The Procter & Gamble board is meeting after published reports that it's ready to act on a long-anticipated CEO succession plan.
Online classified ads service Craigslist will get rid of its "erotic services" category that critics called a front for prostitution, replacing it with an adult category that will be reviewed by Web site employees, state attorneys general announced Wednesday.
Hedge fund manager Bill Ackman said Pershing Square Capital Management's proxy fight with Target isn't about poor management at the discount retailer. Instead, it is about building a more qualified board.
McDonald's Corp reported a 6.9 percent rise in April sales at restaurants open at least 13 months, as strength in the United States helped offset the impact of the stronger dollar.
Consumers fell further behind on their credit card bills in March even as lenders worked to reduce their exposure to delinquency and default, a top credit bureau executive told Reuters.
More companies like Ford, GM and JetBlue are throwing a lifeline to laid off customers with refunds or payment protection.
MGM Mirage says it has received a waiver from lenders on its $7 billion senior credit facility to avoid defaulting on loans
MGM Mirage is not in discussions at the moment to sell any of its properties, though it remains open to offers, according to a person familiar with the situation.
Retailers, fast food restaurants and consumer goods manufacturers are seeing a strong response as frugal consumers try to weather the economic downtown.
Looking to cash in on nostalgia, many companies are updating hit dolls and games of the past to appeal to a new generation of kids.
This year the holiday falls on a Saturday, already one of the busiest and most profitable day for restaurants. Restaurant operators prefer the holiday to fall on a weekday to maximize profits on a day that would normally be slower.