McDonald’s will increase prices on some items in the U.S. this year in response to rising commodity prices that are boosting food costs, Chicago Breaking Business reported, citing remarks the company made on its earnings confer…
Hedge fund manager John Paulson told Paulson & Co. clients that the company made more than $1 billion during the past 18 months on its investment in Citigroup, Bloomberg News reported, citing Paulson’s letter to clients this mo…
Retailers should be swooning this year: Spending for the lover’s holiday is forecast to top $18.6 billion, a 5.8% jump in spending over 2010. That amounts to about $125 per person who buys a gift for that special someone.
…
Did GlaxoSmithKline’s blockbuster diabetes drug Avandia cause fatal heart attacks? The first federal trial of an Avandia lawsuit began this morning in Philidelphia. As many as 50,000 more lurk in the wings.
Con…
In a blog post on Friday, Google made its most direct warning that it would be tweaking search algorithms to punish “content farms” — cheap producers of Web content that either copied or scraped information from other publish…