March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...» Read More
*Restructuring charges of 50 million euros through 2016. AMSTERDAM, Sept 23- Philips, the Dutch conglomerate that started life making light bulbs 123 years ago, is splitting off its lighting business in a bold step to expand its higher-margin healthcare and consumer divisions.
AMSTERDAM, Sept 23- Philips said on Tuesday it would break its 120- year-old company in two, creating a stand-alone lighting business and merge consumer and healthcare divisions into a 15- billion euro business.
*Electrolux to issue shares after deal completed. STOCKHOLM, Sept 8- Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool.
NEW YORK/ STOCKHOLM, Sept 4- Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. Representatives for GE and Electrolux declined to comment.
Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Gillette hopes its FlexBall razor can boost stagnant razor sales with a nifty new swiveling feature.
What to make of CEOs who blame weather for poor sales, and what investors can expect from spring sales, with Mary Epner, Mary Epner retail analysis.
Gap will report earnings after the closing bell. CNBC's Courtney Reagan reports on a few positive earnings surprises from other retailers.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
U.S. speedskating team's miserable performance during the first week of the Olympics has turned the speculation to their high-tech skinsuits.
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.