Business News

Business Kmart becomes latest retailer hit by data theft Kmart becomes latest retailer hit by data theft
Sears Holdings Corp. said Friday that a data breach at its Kmart stores that started last month may have compromised some customers' credit and debit cards.
Business Top finance officials grapple with weak growth Top finance officials grapple with weak growth
Finance ministers from the world's largest economies said Friday they are determined to prevent a slide into another global recession, but a top U.S. official expressed frustration that a number of major economies were not doing enough to bolster growth.
Business Pig farms rebound from virus; meat prices may drop Pig farms rebound from virus; meat prices may drop
A virus that killed millions of baby pigs in the last year and led to higher pork prices has waned thanks to warmer weather and farmers' efforts to sterilize their operations. And as pigs' numbers increase, sticker shock on things like bacon should ease.
Business Olive Garden changes likely with board turnover Olive Garden changes likely with board turnover
Some changes could be in store for Olive Garden, including how the restaurant chain prepares its soups and pasta, after an activist investor on Friday succeeded in its bid to take control of the board of the chain's parent company.
Business U.S. stocks stabilize at the end of a wild week U.S. stocks stabilize at the end of a wild week
U.S. markets are stabilizing at the end of a wild week. The Dow Jones industrial average rose 32 points, or 0.2 percent, to 16,690 as of 10:04 a.m. Eastern time Friday.
Business Obama wants an election about the economy, not him Obama wants an election about the economy, not him
President Barack Obama is all in with his economic pitch. The American public is not. Over the next 27 days, either the public or the president is going to get the message.
Business Wells Fargo settles inquiry into bias against moms Wells Fargo settles inquiry into bias against moms
The federal government said Thursday that it reached a $5 million settlement with Wells Fargo to resolve allegations it discriminated against pregnant women, new mothers and women on maternity leave.
Business German downturn casts shadow over world economy German downturn casts shadow over world economy
As if the global economy didn't have enough troubles, it looks like Germany, Europe's traditional growth engine, risks falling into recession - or growth so weak it holds back the entire euro currency union's weak recovery.
Business U.S. wholesale stockpiles climbed 0.7 percent in August U.S. wholesale stockpiles climbed 0.7 percent in August
U.S. wholesale companies restocked their warehouses in August at the fastest pace since April, led by big increases in computers, lumber and furniture. But wholesale sales fell by the most since January.