Most interesting finance and busines news.
After years of big discounts, GM is charging customers more for its cars and trucks, and it’s helping the bottom line.
General Motors Co. said Thursday its second-quarter profit nearly doubled. Higher pricing _ mostly in North America _ added $1 billion to its results.
Despite the good news, GM’s stock faltered as the market saw its […]
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After initially defending the safety of its “Love.Hugs.Peace” lapel pin last year, Build-A-Bear Workshop is now recalling the product, acknowledging that the pin’s surface paint contains excessive levels of lead.
The Overland-based retailer distributed 28,700 pins in the U.S. and Canada between July 2009 and October 2010.
A California-based consumer health advocacy first brought the issue to […]
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A few Greek entrepreneurs perch in front of laptops in bare offices above a ground-floor supermarket, five minutes’ walk from the Athens square convulsed by riots last month over the country’s economic crisis.
“Innovate,” a wall slogan exhorts. “Originate.” A bowl of fist-sized plastic balls sits on a table, ripe for the plucking.
Sure, the touches are […]
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Whirlpool Corp. is reporting a second-quarter loss largely due to the settlement of Brazilian collection dispute, but its adjusted results topped Wall Street’s expectations.
But world’s biggest appliance company said Thursday that it now expects full-year earnings at the low end of its previously reported range and shares dipped 3 percent in premarket trading.
Whirlpool lost $161 […]
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The next step in the weeks-long saga over how to increase the government’s borrowing cap is to let House tea party forces try it their way.
A Republican “cut, cap and balance” plan set for a House vote Tuesday would condition a $2.4 trillion increase in the so-called debt limit on an immediate $100 billion-plus cut […]
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Staying relevant is never easy for a company or its long-suffering investors.
Firms and their products can go in and out of style
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Europe has a lot riding on NATO’s mission in Libya, with the campaign widely seen as one spearheaded by European vision and the United States staying on the sidelines.
But as the conflict enters its fourth month, the continent’s military leaders are beginning to ask if they can afford to keep up the fight, raising more […]
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Stocks edged lower in early trading Wednesday, a day after the Dow Jones industrial average had its longest losing streak since August. McDonald’s Corp. fell after reporting weak sales.
McDonald’s Corp., the world’s largest hamburger chain, didn’t sell as much at its U.S. restaurants in May as investors had hoped. The stock slipped 0.7 percent to […]
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Orders for U.S. durable goods dropped more than forecast in April, reflecting a slump in aircraft demand and disruptions in supplies of auto parts stemming from the earthquake in Japan.
The 3.6 percent decrease in bookings for goods meant to last at least three years was the biggest since October and followed a 4.4 percent […]
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