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Penney’s shares plunge after massive 4Q loss

March 1, 2013 NEW YORK — J.C. Penney is the biggest loser. Shares of J.C. Penney Co. plunged nearly 16 percent on Thursday, the biggest loser on the Standard &Poor’s 500 index for most of the da. more »»

Herbalife to add two Icahn reps to its board of directors

March 1, 2013 LOS ANGELES — Dietary supplements company Herbalife will add two new members to its board of directors at the request of billionaire investor Carl Icahn, who has backed the company in a public spat... more »»

Apple CEO promises investors ‘great stuff’

February 28, 2013 CUPERTINO, Calif. — Apple CEO Tim Cook sought to assure shareholders Wednesday that the company is working on some “great stuff” that may help reverse a sharp decline in its stock price. more »»

Bernanke signals continued support for low interest rates

February 27, 2013 WASHINGTON — Ben Bernanke sent a message Tuesday to Congress: The Federal Reserve’s low-interest-rate policies are giving crucial support to an economy still burdened by high unemployment. more »»

FDA halts Amgen study after teen patient death

February 27, 2013 WASHINGTON — Federal health regulators have halted Amgen's studies of its thyroid drug Sensipar after the death of a 14-year-old patient in a company trial. more »»

High-stakes trial begins over 2010 Gulf oil spill

February 26, 2013 NEW ORLEANS — BP bears most of the blame for the disastrous 2010 spill in the Gulf of Mexico because it cut corners and put profits ahead of safety, a U.S. more »»

Macy’s CEO testifies in fight over Martha Stewart

February 26, 2013 NEW YORK — Macy’s CEO Terry Lundgren testified on Monday that he hung up on home diva Martha Stewart after she called to inform him on Dec. more »»

Barnes & Noble chair wants to buy retail business

February 26, 2013 NEW YORK — The last remaining national bookstore chain is being taken off the shelf and dusted off for sale. more »»

KFC launches China campaign to rebuild brand

February 26, 2013 BEIJING — KFC launched a campaign Monday to rebuild its battered brand in China, promising tighter quality control after a scandal over misuse of drugs by its poultry suppliers. more »»

IHT to be rebranded International New York Times

February 26, 2013 NEW YORK — The International Herald Tribune, one of the most enduring brands in journalism history, is getting a new name: The International New York Times. more »»

Names & Notes

February 24, 2013 Leopold Center advisory board adds new members AMES — The Leopold Center Advisory Board begins the new year with three new member. more »»

Unemployed complain they need a job to find a job

February 24, 2013 NEW YORK — Help wanted. Qualifications: Must already have a job. more »»

Wal-Mart outlook wary even as profit rises

February 22, 2013 NEW YORK — As the fortunes of many Americans go, so goes Wal-Mart. The world’s largest retailer on Thursday reported an 8. more »»

Oil prices plunged sharply for a second day

February 22, 2013 NEW YORK — Oil prices plunged for a second day Thursday, raising hopes that a relentless rise in gasoline prices may slow or reverse at least temporarily. U.S. benchmark crude oil fell $2.38, or 2. more »»

Office Depot agrees to buy OfficeMax

February 21, 2013 NEW YORK — Office Depot and OfficeMax are being collated. The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $. more »»

Fed minutes show concerns about bond purchases

February 21, 2013 WASHINGTON — Several Federal Reserve policymakers were concerned last month about the risks of the Fed’s efforts to boost the U.S. economy by keeping borrowing costs low for the foreseeable future. more »»

High court seems to favor Monsanto in patent case

February 20, 2013 WASHINGTON — The Supreme Court appeared likely Tuesday to side with Monsanto Co. more »»

China rejects status as world’s biggest trader

February 20, 2013 BEIJING — China has a new status its government doesn’t want — world’s biggest trader. more »»

Names & Notes

February 17, 2013 Rosenblum to participate in ‘ILEAD USA’ Sarah Rosenblum, library director at the Marshalltown Public Library, has been selected to take part in Innovative Librarians Explore, Apply and Discover USA... more »»

 
 

 

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