Editorial Results (free)
1. Wal-Mart Plans to Slow New Store Openings, Invest in Online
- Friday, October 07, 2016
NEW YORK (AP) – Wal-Mart Stores Inc. plans to slow its new store openings and pour more money into its online efforts, technology and store remodels, the company said Thursday.
2. Time Warner Invests in Hulu in Win for Cable Cord-Cutters
- Thursday, August 04, 2016
NEW YORK (AP) – In another win for cable cord-cutters, Time Warner has become the latest media company to invest in streaming service Hulu.
The move could boost the viability of an online TV service that Hulu is expected to launch next year as an alternative to cable TV. Sony and Dish already operate online TV services, while Apple has expressed interest in one, according to published reports. None of those companies, however, have the networks themselves as full partners or owners, the way Hulu does.
3. Verizon Buys Yahoo for $4.83B, Marking End of an Era
- Tuesday, July 26, 2016
SAN FRANCISCO (AP) – Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet.
It is the second time in as many years that Verizon, extending its digital reach, has snapped up the remnants of a fallen internet star. The nation's largest wireless carrier paid $4.4 billion for AOL last year.
4. Starbucks to Increase Base Pay of Workers in October
- Tuesday, July 12, 2016
NEW YORK (AP) — Starbucks is boosting the base pay of all employees and store managers at U.S. company-run stores by 5 percent or more.
In a letter sent to workers Monday, CEO Howard Schultz said that the amount of the raise — which will occur in October— will be determined by geographic and market factors. Starbucks doesn't disclose specifics on starting salaries for employees, saying it's determined on a market by market basis.
5. Dell Buying EMC in $67 Billion Bet on Data Storage
- Tuesday, October 13, 2015
NEW YORK (AP) – Dell is buying data storage company EMC for $67 billion in a huge bet on a segment of technology that has proven to be more profitable than the slumping personal computer market.
6. ConAgra Cuts 1,500 Jobs; Moving HQ From Omaha to Chicago
- Friday, October 02, 2015
OMAHA, Neb. (AP) — ConAgra will cut about 1,500 jobs, or approximately 30 percent of its global, office-based workforce, and move its headquarters to Chicago from Omaha, Nebraska, the company said Thursday.
7. United Airlines Suffers Second Major Grounding in 2 Months
- Thursday, July 09, 2015
NEW YORK (AP) – United Airlines temporarily grounded flights across the country for part of Wednesday after experiencing computer problems, causing more than 800 delays.
A White House spokesman said President Barack Obama was briefed on the glitch and that it appeared unrelated to an outage hours later at the New York Stock Exchange.
8. Target Selling Pharmacy, Clinic Businesses to CVS Health
- Tuesday, June 16, 2015
Target will sell its pharmacy and clinic businesses to CVS Health in the latest twist behind a push from big retailers to become all things to all customers.
The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers who have come to expect that they will be able to fill a prescription when they shop at Target.
9. Charter Buying Time Warner Cable as TV Viewers Go Online
- Wednesday, May 27, 2015
NEW YORK (AP) – As TV watchers increasingly look online for their fix, cable companies are bulking up. In the latest round, Charter Communications is buying Time Warner Cable for $55.33 billion.
10. Verizon Slices Up the Bundle, Lets Customers Choose
- Monday, April 20, 2015
NEW YORK (AP) – Under pressure from an expanding number of cheaper online video services, the long-dominant bundle of channels offered by pay-TV companies is becoming a bit more flexible.
11. Gannett Splits Publishing, Broadcasting in Two
- Wednesday, August 06, 2014
NEW YORK (AP) – The game of survival is on for newspapers, as USA Today owner Gannett on Tuesday became the most recent major media entity to say it will divide its print and broadcast divisions into separate companies.
12. Check, Please: Priceline Buys OpenTable for $2.6 Billion
- Monday, June 16, 2014
NEW YORK (AP) – Priceline has negotiated a $2.6 billion entree into the restaurant business.
The global travel booking king announced Friday it is acquiring the OpenTable Inc. in a deal that would put Priceline into a new business doing for restaurant reservations much what it does for hotel bookings.
13. AT&T Aims for TV's Future With $48.5 Billion DirecTV Deal
- Tuesday, May 20, 2014
LOS ANGELES (AP) – AT&T says it views its planned $48.5 billion purchase of DirecTV as a way to help redefine the video entertainment industry, giving it opportunities to bundle services and tap into growing Latin American markets.
14. Fury and Frustration Over Target Data Breach
- Monday, December 23, 2013
NEW YORK (AP) – Potential victims of credit card fraud tied to Target's security breach said they had trouble contacting the discounter through its website and call centers.
Angry Target customers expressed their displeasure in comments on the company's Facebook page. Some even threatened to stop shopping at the store.
15. Frontier Airlines Sold to Ultra-Cheap Airline Investor
- Wednesday, October 02, 2013
Frontier Airlines is being sold to William Franke, a pioneer of the cheap tickets and high fees airline business that has spread overseas and is growing in the U.S.
Franke is the former chairman of Spirit Airlines, which has earned consistent profits by jamming more seats on its planes and charging extra for things that other airlines do for free, such as printing a boarding pass at the airport, or using the overhead bin.
16. Lowe's Third-Quarter Net Income Climbs on Fewer Charges
- Wednesday, November 21, 2012
NEW YORK (AP) – Lowe's Cos. reports its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company's efforts to revamp its merchandise and prices appeared to be gaining traction.
17. Buffett Says General Economy Slowing This Summer
- Friday, July 13, 2012
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Thursday that U.S. economic growth has slowed in the last two months as fears about Europe's debt woes mounted.
Buffett's comments during an interview Thursday on the cable TV network CNBC contrast with what he has been saying for a couple years. Buffett has said the economy was gradually improving since the fall of 2009 in every area except businesses related to housing.
18. WellPoint Buying Amerigroup for About $4.46B
- Tuesday, July 10, 2012
INDIANAPOLIS (AP) – Health insurer WellPoint Inc. will raise its stake in a market poised for substantial growth with its $4.46 billion acquisition of Medicaid coverage provider Amerigroup Corp.
19. B&N, Microsoft Team Up on Nook, College Businesses
- Tuesday, May 01, 2012
NEW YORK (AP) – Books and bits united Monday as Microsoft provided an infusion of money to help Barnes & Noble compete with top electronic bookseller Amazon. In exchange, Microsoft gets a long-desired foothold in the business of e-books and college textbooks.
20. Twitter Changes Business of Celebrity Endorsements
- Friday, November 04, 2011
NEW YORK (AP) – Rapper Snoop Dogg gave props on Twitter to an ad for the Toyota Sienna minivan. Actress Tori Spelling linked to a website for rental cars. And reality TV star Khloe Kardashian soliloquized about the brand of jeans that accentuates the famous Kardashian derriere.
21. Groupon's Fall to Earth Swifter Than its Fast Rise
- Monday, October 24, 2011
NEW YORK (AP) – Only a few months ago, Groupon was the Internet's next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public.
22. McDonald's Sales Climb, But Gains Weaken in May
- Thursday, June 09, 2011
OAK BROOK, Ill. (AP) – Sales of McDonald's fruit and maple oatmeal and drinks like frozen strawberry lemonade pushed the fast-food chain's revenue at restaurants open at least 13 months up 3.1 percent in May.
23. Consumer Confidence Rises Slightly in October
- Wednesday, October 27, 2010
NEW YORK (AP) — Americans’ confidence in the economy stayed stuck in gloomy territory in October, with Wall Street’s gains in recent months not boosting spirits much.
Coaxing shoppers out of their shells will be the major challenge for retailers heading into the holiday season. That could mean they’ll be continuing to push big discounts.
24. MGM Mirage Posts Smaller Q4 Loss
- Friday, February 19, 2010
LAS VEGAS (AP) - Cutting costs helped casino operator MGM Mirage narrow its fourth-quarter loss as its $8.5 billion CityCenter complex opened on the Las Vegas Strip, but the loss it reported Thursday was greater than analysts expected.
25. Reader's Digest Files Ch. 11 Bankruptcy Protection
- Tuesday, August 25, 2009
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922 and now reaches a worldwide audience of 130 million, filed for Chapter 11 bankruptcy protection Monday as it faces falling print circulation in the Internet age and looming debt payments.
26. Retailers' Results Top Estimates; Wariness Remains
- Wednesday, August 19, 2009
NEW YORK (AP) - Target Corp. and Home Depot Inc. on Tuesday posted lower profits that still topped Wall Street expectations, but economic worries are likely to keep shoppers tight-fisted in the months ahead, executives predicted.
27. Starwood Q2 Profit Rises on Cuts, Tax Benefit
- Friday, July 24, 2009
CHICAGO (AP) - Starwood Hotels & Resorts Worldwide Inc. said Thursday that a foreign tax incentive and cost cuts helped boost its second-quarter profit 28 percent.
The increase, which pushed earnings above analyst expectations, came even as Starwood's worldwide revenue per available room – a key hotel metric commonly called revpar – slid sharply as business and leisure travel slipped in the recession.
28. Auto Parts Maker Lear Corp. Files for Chapter 11
- Wednesday, July 08, 2009
NEW YORK (AP) - Automotive parts supplier Lear Corp. filed for bankruptcy protection on Tuesday after receiving support it needed from lenders and bondholders to reorganize its struggling business.
29. Home Depot Q1 Profit Rises on Fewer Charges
- Wednesday, May 20, 2009
CHICAGO (AP) - The Home Depot Inc. said Tuesday that its fiscal first-quarter profit climbed 44 percent on fewer charges, and the nation's largest home improvement retailer beat Wall Street's expectations despite lower sales.
30. Wells Fargo Projects Record $3 Billion Q1 Profit
- Friday, April 10, 2009
NEW YORK (AP) - Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.
31. Treadway Joins Thomas & Betts as Senior VP for Electrical Business
- Wednesday, March 25, 2009
Charles L. Treadway has joined Thomas & Betts Corporation in the newly created position of senior vice president, group president – electrical. Treadway will provide strategic and operational leadership to the company’s electrical products businesses on a global basis. The electrical segment of Thomas & Betts has approximately 60 manufacturing and distribution facilities in 11 countries and employs approximately 8,000 associates worldwide. The electrical segment reported $2.1 billion in revenues in 2008. Treadway previously served as president and chief executive officer for the Custom Sensors and Technology unit of Schneider Electric.
32. Sears Q4 Profit Falls 55 Percent on Charges
- Friday, February 27, 2009
CHICAGO (AP) - Struggling retailer Sears Holdings Corp. said Thursday its fourth-quarter profit dropped by more than half as charges for store closings, valuation declines and severance dragged down results.
33. Home Depot Reports 4th-Quarter Loss of $54M
- Wednesday, February 25, 2009
CHICAGO (AP) - The Home Depot Inc., which has suffered under the weight of the collapsing housing market, reported a fiscal fourth-quarter loss of $54 million Tuesday mostly due to its plan to shut its four smaller home-improvement brands.
34. Lowe's Q4 Profit Falls Along with Housing Market
- Monday, February 23, 2009
CHICAGO (AP) - The dismal housing market dragged down fourth-quarter profits at Lowe's Cos. Inc. by 60 percent, and executives at the home improvement chain said they see little hope of a substantive fix from a federal effort aimed at helping struggling homeowners.
35. Time Warner Swings to Q4 Loss on Hefty Writedown
- Thursday, February 05, 2009
LOS ANGELES (AP) - Media and entertainment giant Time Warner Inc. reported a fourth-quarter loss, hurt by a previously expected $24.2 billion writedown for its cable, publishing and AOL assets.
36. Pogue to Lead Public Affairs For Local Corps of Engineers
- Wednesday, September 03, 2008
Jim Pogue has been selected chief of the Public Affairs Office of the U.S. Army Corps of Engineers, Memphis District.
Pogue has worked for the Corps of Engineers for more than 19 years in public affairs positions. Pogue will be responsible for managing the Memphis District’s public information, internal communications and community relations programs.
37. Judge Larry Potter Receives KAB Award
- Wednesday, January 03, 2007
Larry E. Potter, presiding judge of the Memphis/Shelby County Environmental Court, has received Keep America Beautiful's (KAB) Iron Eyes Cody Award. The award was named in honor of KAB's landmark public awareness campaign of the 1970s, "People Start Pollution. People Can Stop It," which featured the iconic face and tear of Iron Eyes Cody and is credited with awakening the environmental consciousness of an entire generation. Potter became the first Environmental Court judge in Memphis and Tennessee in 1983. During that year, he helped create the court.
38. Archived Article: Tech Focus St
- Wednesday, December 20, 2000
By SUZANNE THOMPSON Doctor-developed software helps automate offices By SUZANNE THOMPSON The Daily News Staff members at Dr. George Woodbury Jr.s office shook heads and shrugged shoulders when they read an article in an October issue of a local pape...