After Customers Complain, Starbucks Brings Back Eggnog Latte

Starbucks has eggnog on its face. The coffee kingpin will bring back its seasonal Eggnog Latte nationwide this month after a customer revolt spread from...

Alibaba’s Profits Up 15% in First Results

Chinese e-commerce giant Alibaba reports a 15% rise in quarterly profits in its first set of results since it listed its shares in New...

2000 More Jobs Cut at Sprint

Wireless carrier Sprint (S) says it is eliminating 2,000 jobs, or about 5% of its staff, as part of an effort to cut $1.5 billion in...

LabCorp to Buy Covance for $6.1 Billion

LabCorp will pay about $6.1 billion in cash and stock to buy Covance in a tie-up that aims to improve clinical trial research for...

Experts say China’s Economic Slowdown Will Cause Global Pain but Leave U.S. Mostly Unscathed

China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities...

Amazon Releases First-Ever Report on Employee Diversity: Only 15% of Workers are Black

Under pressure from civil rights activists, Amazon.com released the gender and racial make-up of its work force on Friday, revealing its staff is largely...

Sony Gets Small Lift from Equipment Sales to Smartphone Manufacturers

Sony Corp (6758.T) posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's...

The Central Bank of Japan Is Going for Broke and Expanding Its Already Aggressive...

The Bank of Japan is going for broke and expanding its already aggressive stimulus plan in an effort to keep the country's economic revival...

U.S. Economy Grows Faster than Expected in Third Quarter of 2014

The U.S. economy grew more rapidly than expected in the third quarter, helping produce its best six-month performance since 2003. Gross domestic product expanded at...

Chrysler Recalls Over 560,000 Trucks For Computer and Heater Problems

Fiat Chrysler is recalling more than 566,000 trucks and SUVs in two recalls to fix malfunctioning fuel heaters that can cause fires and a...

Taco Bell Launches Mobile Ordering

Food used to be what drove folks into restaurants. But these days, it's also increasingly the technology behind it. That's why two major restaurant chains,...

Credit Suisse Launches “Entrepreneurs Circle” to Facilitate Wealth Creation for Black Entrepreneurs

Credit Suisse today launched the Credit Suisse Entrepreneurs Circle, which will provide select African-American entrepreneurs with access to three program elements – capital, curriculum...

77 Sears and Kmart Stores to Close Before Holiday Season; 5,300 Jobs Lost

Sears is closing 77 Sears and Kmart stores and cutting 5,300 jobs. And that's not even the worst news. The fact that most of these...

Proctor & Gamble Getting Out of Duracell Battery Business as Quarterly Sales Dip

Procter & Gamble Co on Friday said it would sell its Duracell battery business, probably through a split-off into a separate company, as it...

L’Oreal USA Acquires Carol’s Daughter

The Brooklyn, N.Y.-based company has been a staple for many natural-haired people, but there are changes coming. Lisa Price started Carol’s Daughter in her own...

General Motors Announces Retirement of General Counsel, Mike Millikin

In a surprising announcement on Friday, General Motors Company (GM) said its general counsel Mike Millikin – who with CEO Mary Barra has been...

Top Lawyer at General Motors Retires

General Motors' top legal official, a controversial figure in the delayed recall of 2.6 million cars for a deadly ignition switch flaw, is retiring. Chief...

Dow Takes Big Hit: Tumbles 173 Points After Turbulent Day

A month-long drop in U.S. stocks intensified Wednesday, when the Dow Jones industrial average at one point lost almost 460 points. The markets recovered somewhat...

China’s Alipay Offers Mobile Wallet for U.S. Sites

China's half billion online shoppers will soon have an easier way to shop in the U.S. Alipay, the payments unit recently spun off from Chinese...

Home Depot Executive VP Marvin Ellison to Take Over as CEO of Fledgling J.C....

The 30-year retail veteran has some challenges ahead of him as he prepares to take over the ailing department store chain.  Marvin Ellison, the...