Business

Business As tastes change, big food makers try hipster guises As tastes change, big food makers try hipster guises
Major companies are testing whether it would pay to tuck away their world famous logos in favor of more hipster guises: PepsiCo, for instance, introduced a craft soda called Caleb's last year and McDonald's opened a cafe that lists lentils and eggplant on its menu.
Business Cuban cigar makers anticipate big bucks from U.S. travelers Cuban cigar makers anticipate big bucks from U.S. travelers
Cuban cigar makers are licking their chops over new U.S. rules, announced in December as part of a partial detente, allowing more Americans to travel to the island and legally bring back small quantities of the coveted stogies for the first time in decades.
Business No thanks! Companies reject 'Shark Tank' deals, still thrive No thanks! Companies reject 'Shark Tank' deals, still thrive
Entrepreneurs may be all smiles when they get an offer on the show, but the deals aren't set in stone. Negotiations start soon after episodes are taped. Contestants can walk away if they don't like the terms.
Business Make me a match: Fidelity to match some IRA contributions Make me a match: Fidelity to match some IRA contributions
Fidelity is taking a page out of the 401(k) playbook to try to make it happen for your individual retirement account. The company will begin offering a match on contributions that some savers make to their IRA.
Business Orders for U.S. durable goods up 2.8 percent in January Orders for U.S. durable goods up 2.8 percent in January
Orders to U.S. factories for long-lasting manufactured goods rebounded in January, rising by the largest amount in six months, although much of the strength came from a big jump in airplane orders.
Business US new home sales fall slightly in January US new home sales fall slightly in January
Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
Business Lexus tops auto dependability survey Lexus tops auto dependability survey
Lexus is the most dependable car brand for the fourth consecutive year in rankings that increasingly hinge on high-tech features.
Business U.S. bank earnings drop 7.3 percent in 4th quarter U.S. bank earnings drop 7.3 percent in 4th quarter
U.S. banks' earnings dropped 7.3 percent in the fourth quarter from a year earlier as a few big banks had increased costs to settle legal cases and the industry had declines in income from the mortgage business.
Business Your retirement savings: Obama proposes tougher rules Your retirement savings: Obama proposes tougher rules
The Obama administration is proposing tougher restrictions on brokers who manage Americans' retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other savings accounts.
Business U.S. to fine air bag maker Takata $14,000 per day U.S. to fine air bag maker Takata $14,000 per day
The U.S. government will fine Japanese air bag maker Takata Corp. $14,000 per day for failing to fully cooperate in a long-running investigation of faulty and potentially dangerous air bag inflators.
Business Nearly 40 percent of Walmart's U.S. workers to get pay raises Nearly 40 percent of Walmart's U.S. workers to get pay raises
Hoping to shed its reputation for offering little more than dead-end jobs, Wal-Mart, the nation's biggest private employer, is giving raises to nearly a half-million workers and offering what it says are more opportunities for advancement.