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By MARY CLARE JALONICK | October 21, 2014 12:18 am
The meaning of 'organic' hazy for nonfood items

Business News

  • China economy grows at slowest pace in 5 years
    Associated Press | October 20, 2014 11:42 pm
    China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.
  • Samsung seeks boost from redesigned Note
    Associated Press | October 20, 2014 11:42 pm
    The latest version of Samsung's popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline in profit from its global smartphone business.
  • Total oil company CEO dies in Moscow plane crash
    Associated Press | October 20, 2014 7:36 pm
    The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport, the company said.
  • Amazon and Simon & Schuster reach multiyear deal
    Associated Press | October 20, 2014 6:54 pm
    Amazon.com and Hachette Book Group remain in a months-long standoff, but the online retailer has reached a multiyear agreement with another major New York publisher, Simon & Schuster.
  • Microsoft's Nadella gets $84M pay package
    Associated Press | October 20, 2014 6:01 pm
    Microsoft has given its new CEO Satya Nadella a pay package worth $84.3 million, most of it in the form of long-term stock awards.
  • US agency warns car owners to get air bags fixed
    Associated Press | October 20, 2014 4:36 pm
    A potential safety crisis over defective air bags widened Monday as the U.S. government issued an urgent plea to more than 4.7 million people to get their cars fixed.
  • Record iPhone sales drive Apple's 3Q beat
    Associated Press | October 20, 2014 4:36 pm
    The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.
  • US airlines raise base fares on domestic flights
    Associated Press | October 20, 2014 3:30 pm
    U.S. airlines are raising base fares on many domestic flights even though they are getting a windfall from lower fuel prices.
  • AbbVie to pay Shire $1.64B fee over nixed merger
    Associated Press | October 20, 2014 3:30 pm
    AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee.
  • Chipotle's profit tops expectations as sales surge
    Associated Press | October 20, 2014 1:54 pm
    Chipotle reported a profit Monday that topped Wall Street expectations as sales continued to surge.
  • Apple Pay Q&A: What you need to know
    Associated Press | October 20, 2014 1:36 pm
    Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.
  • IBM 3Q disappoints as it sheds 'empty calories'
    Associated Press | October 20, 2014 1:06 pm
    IBM disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Shares fell more than 7 percent as investors sold off sharply and the stock dragged the Dow 30 into the red.
  • Ikea makes push for growth
    Associated Press | October 20, 2014 12:54 pm
    Ikea, whose stadium-sized furniture stores draw shoppers from miles around, is making an online push.
  • Sears plans to raise more cash via rights offering
    Associated Press | October 20, 2014 12:48 pm
    Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million.

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