Stocks edge lower, keeping them on track for biggest weekly loss since April No sale by owner: Americans with lower mortgage rates hold tightly onto homes Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Burberry shareholders revolt over pay package for luxury house's new CEO Christopher Bailey Bulgaria to strip major bank of license; submits audit results to prosecutor US budget likely in surplus in June; deficit expected to be at lowest level since 2008 Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk» Read More
CHICAGO/ LONDON, Jan 31- International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.
*Electrolux falls after posting lower earnings. Shares in Electrolux slid 6.8 percent lower after the Swedish home appliances maker posted a bigger-than-expected drop in quarterly earnings.
*Electrolux falls after posting lower profits. Shares in Electrolux fell 4.5 percent after the Swedish home appliances maker posted a bigger-than-expected drop in quarterly earnings. Electrolux's earnings were hit by a slump in Brazil, whose economy has had to deal with a fall in the country's currency.
NEW YORK, Jan 30- The arctic cold sweeping across the United States has caused rare winter power interruptions for U.S. spinning mills in North and South Carolina, including Frontier Spinning Mills, the second-largest yarn producer in the United States.
Jan 30- Athletic apparel maker Under Armour Inc reported a 28 percent jump in fourth-quarter profit, driven by strong sales of its fleece offerings and ColdGear Infrared products. Net income increased to $64.2 million, or 59 cents per share, from $50.1 million, or 47 cents per share, a year earlier. Revenue rose 35 percent to $682.8 million in the quarter ended Dec. 31.
Jan 30- Whirlpool Corp posted a higher profit on Thursday, citing especially strong sales gains in North and South America. The company, the world's largest maker of home appliances, reported a fourth-quarter net profit of $181 million, or $2.26 a share, up from $122 million, or $1.52 a share, a year earlier.
*Around 15 firms have moved operations to Vietnam- trader. BEIJING/ SINGAPORE, Jan 15- Chinese yarn makers, crippled by artificially high prices for cotton at home, are shifting production overseas to secure cheaper raw materials, even going as far afield as the United States.
HONG KONG, Jan 14- Shanghai shares halted a four-day losing streak on Tuesday, lifted by strong gains for home appliance firms that launched new products at the just-concluded Consumer Electronics Show in Las Vegas. The CSI300 of the largest Shanghai and Shenzhen A-share listings also rose 0.9 percent.
After two years of declining sales, J.C. Penney is reducing some high-profile brands introduced by former CEO Ron Johnson and reviving old labels.
Kobe Bryant debuted his latest pair of basketball shoes this week—the only question now is when he'll take the court in them.
Sara Blakely, the inventor of Spanx and founder of the women's undergarment company that's made her a billionaire, recounts an embarrassing BBC interview in which she used a word that has a very different meaning in England than it has in the U.S.
Black Friday just keeps getting earlier and earlier! Macy's is giving in to the trend and says it will be open on Thanksgiving day.
The Toronto Star sent reporter Raveena Aulakh to work undercover at a Bangladesh garment factory and found a nine-year-old girl working there.
A California jury found Toyota not liable in a wrongful death lawsuit over alleged defects that caused some vehicles to unexpectedly accelerate.
Tesla's Elon Musk defended the Tesla after one caught fire, saying such an incident would've been much worse with a gasoline-powered vehicle.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.
To ease temperature-related complaints, mattress sellers have launched several new products after noticing that couples and hot flash-suffering women were having restless nights.
Guess shares surged more than 9 percent Friday following better-than-expected profit despite a significant decline from a year earlier, reports TheSteet.com.
C.V. Ramachandran, Head, Asia at Alix Partners speaks about the shift in China's changing consumer landscape and growth opportunities in the sector.
A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.