*Large retailers increasingly target black townships. SOWETO, South Africa, April 20- In this corner of South Africa's black township of Soweto, the biggest building used to be the Catholic church. Grace has been running the shop with her husband since 1993, the year before South Africa's first all-race elections.» Read More
YORK, Pa.-- Department store operator Bon-Ton Stores said Thursday that a key revenue figure rose 0.6 percent in September as it tightly managed its inventory and marketing efforts. Total revenue for the five weeks ended Sept. 29 rose 0.7 percent to $288.9 million.
LOS ANGELES-- Eight months ago Southern California had a nuclear power plant that could generate enough electricity for 1.4 million homes. Southern California Edison sketched out a proposal Thursday under which its long-shuttered San Onofre nuclear power plant might be stuck, perhaps permanently, in a sort of middle gear.
NEW YORK-- An analyst on Thursday cut his earnings estimates for JetBlue Airways Corp. because the price of fuel hasn't dropped as much as he expected after Labor Day. Sterne Agee analyst Jeffrey Kauffman cut his profit forecast for the New York airline's third quarter to 16 cents per share from a previous expectation of 22 cents per share.
Dow futures are up 59 points to 13,485. The broader S&P 500 futures are up 8 points to 1,452.40. Investors are also awaiting news from the monthly policy meeting of the European Central Bank. Stocks across Europe were marginally higher ahead of ECB head Mario Draghi's news conference, which is being held in Slovenia, one of the euro's 17 countries.
BELLPORT, N.Y.-- Perfumania Holdings Inc. said Thursday that revenue in stores open at least a year fell 3.9 percent in September. Total revenue fell 2 percent to $22.3 million last month. Perfumania has 344 perfume stores in the U.S.
LONDON-- London's mayor says the British government is risking economic catastrophe by not quickly expanding airport capacity. Under pressure to build a third runway at Heathrow, London's busiest airport, the government has ordered a review into airport capacity.
NEW YORK-- Analysts on Thursday voiced concerns that Hewlett-Packard's ongoing efforts to restructure its operations might not be enough to turn around the struggling computer company any time soon.
FRANKFURT, Germany-- European Central Bank head Mario Draghi says that growth in the crisis-hit group of 17 countries that use the euro will remain weak for the near future. The ECB governing council met in Slovenia, one of the 17 countries that use the euro.
ATLANTA-- Haverty Furniture Cos. said Thursday that its revenue grew 11 percent in the third quarter as sales increased at established shops. Revenue rose to $172.7 million from $155.4 million a year ago. At locations open at least a year, revenue rose 10 percent.
HONG KONG-- A show of concern by Beijing over a boat collision that killed dozens of people in Hong Kong this week has backfired, further damaging the Communist government's image in the former British colony.
The constitutional judges argued that "the foreign investment expected to be received by the state of Honduras implies transferring national territory, which is expressly prohibited in the constitution," according to a copy of the ruling obtained by The Associated Press. South Korea has given Honduras $4 million to conduct a feasibility study.
PORTLAND, Ore.-- As marijuana legalization efforts in Colorado and Washington pick up steam, a similar push in Oregon seems to be going up in smoke. More than $4 million has flowed to Washington and close to a million in Colorado.
She's known for her earnest review of an Olive Garden restaurant in North Dakota that went viral on the Internet. Six decades after they worked together at the University of South Dakota's student newspaper, Al Neuharth, 88, and Marilyn Hagerty, 86, are reuniting.
Eighteen of the cases are in Tennessee, where a Nashville clinic received the largest shipment of the steroid.. Three cases have been reported in Virginia, two in Maryland, two in Florida and one in North Carolina. Two of the deaths were in Tennessee, and Virginia and Maryland had one each, said officials at the Centers for Disease Control and Prevention.
She graced dinner parties and theaters from Paris to New York in ribbons, full skirts and loose peasant blouses embroidered with vividly colored flowers, and her uni-brow was a bold contrast to the pencil-line eyebrows of the time.
CINCINNATI-- Macy's said Thursday that a key measure of revenue rose 2.5 percent in September, coming in short of analysts' predictions for a gain of 3.3 percent, according to Thomson Reuters.
DENVER-- Republican presidential candidate Mitt Romney would end an Obama administration policy allowing some young illegal immigrants to stay in the country and work, though anyone already granted a reprieve from possible deportation wouldn't see that permission revoked.