SuperValu may spin off Save-A-Lot into separate company
Associated Press | July 28, 2015 12:42 pmSuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies.
Correction: San Francisco-Soda Warning story
Associated Press | July 28, 2015 10:42 amIn a story July 26 about a lawsuit against San Francisco by the American Beverage Association, The Associated Press reported erroneously where the city's health warning labels would be posted. The labels are to be placed on advertisements for certain sugary drinks, not on the beverages.
Motorola refreshes Android phones, offers better cameras
Associated Press | July 28, 2015 10:18 amMotorola is refreshing its Android smartphones with better cameras and other improvements as it seeks to lure customers who want lower-cost alternatives to leading smartphones from Apple and Samsung.
Freeport-McCoRan launches business review to cut costs
Associated Press | July 28, 2015 10:06 amShares of Freeport-McMoRan jumped Tuesday after the company said it has started reviewing its mining and oil and gas businesses to look for cost-cutting opportunities in the face of weak markets for...
Ford surprises in 2Q with record North American profit
Associated Press | July 28, 2015 9:42 amFord Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.
Merck tops Street 2Q forecasts despite lower sales, profit
Associated Press | July 28, 2015 7:18 amand bringing in billions of dollars a year. Merck's drug targets patients not helped much by the current drugs, those with a subtype called genotype 4 and those with chronic kidney disease.
Drugmaker Pfizer tops Street 2Q forecasts, raises forecast
Associated Press | July 28, 2015 7:12 amPfizer beat Wall Street expectations for the second quarter and raised its 2015 forecast, as sales of several products helped inoculate the world's second-largest drugmaker against revenue hits from...
Microsoft launches Windows 10: Here's what that means
Associated Press | July 28, 2015 6:30 amMicrosoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.
DuPont cuts forecast on agriculture sales drop
Associated Press | July 28, 2015 6:24 amDuPont's second-quarter profit fell 12 percent, and the chemical company lowered its forecast for the year after a stronger dollar and a sales drop in its agriculture segment affected results.
UPS 2Q profit beats Street as overseas business improves
Associated Press | July 28, 2015 6:12 amOverseas business helped UPS during its second quarter, as did the absence of a hefty charge recorded a year ago.
Reynolds American beats 2Q profit forecasts
Associated Press | July 28, 2015 5:06 amReynolds American reported a surge in second-quarter profit with cigarette prices and volume rising.
Britain's economy grows 0.7 percent in second quarter
Associated Press | July 28, 2015 2:30 amBritain's economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period.
Statoil Q2 profits hit by lower oil prices, higher costs
Associated Press | July 28, 2015 1:18 amNorwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner ($1.2 billion).
Energy company BP slides to loss in 2nd quarter
Associated Press | July 28, 2015 1:12 amBP reported a second-quarter loss Tuesday after the London-based oil company set aside another $10.8 billion to cover the cost of the Deepwater Horizon accident.
Nike offers partial refund to end FuelBand lawsuit
Associated Press | July 27, 2015 4:30 pmNike will give partial refunds or gift cards to people who bought FuelBand fitness trackers in the last 3 1/2 years, resolving a lawsuit that says the products can't accurately tally how many steps a user is taking or how many calories they've burned.
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