Smithfield Foods, the McDonald's McRib pork supplier that has come under fire from The Humane Society of the United States, said Thursday its progress toward conversion from gestation crates for its pigs was on track to be completed by 2017.
Real estate developer Forest City Enterprises reported a net loss of $41.9 million, or 25 cents per share, in the third quarter ending Oct. 31, down from $50.6 million, or 33 cents per share, loss in 2010.
The report was the result of a 2010 law requiring a survey of New York's jury pools to determine whether jurors represent a fair cross-section of the population.
Prospects for revenue growth for U.S. insurance brokers in 2012 will likely match or exceed levels reported for the first nine months of 2011. Nevertheless, the competitive fundamentals of the property/casualty insurance market and tepid pace of the global economic recovery will continue to challenge more meaningful improvement in operating performance, Fitch Ratings said Thursday.
Virginia Tech officials have lifted the campus lockdown and said they have recovered a weapon following the shooting death of a police officer and an unidentified man on Thursday.
McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
Costco Wholesale saw first-quarter profits jump 2.6 percent and revenue rise 13 percent in its fiscal first quarter of 2012, the company announced Thursday.
Family Court Judge Susan Larabee refused to release the 12-year-old boy who pushed a shopping cart from the fourth-floor walkway outside a Target store in Harlem, striking 47-year-old mother and philanthropist Marion Hedges and putting her into a coma, from minimum security jail because of his history of erratic behavior.
With the millions of iPhones, BlackBerrys and Androids sold in the U.S., the massive demand for data use is far exceeding the supply of spectrum - the range of all possible frequencies through which signals can be transmitted.
Overstock.com and Barnes & Noble are working as partners to help sell books through the Nook Store. The partnership can help Barnes & Noble compensate for the company's poor physical book sales.
A gunman killed a police officer and another person on Thursday at Virginia Tech University, the site of one of the worst shooting rampages in U.S. history, school officials said.
A Virginia Tech police officer and an unidentified victim were shot and killed by an unidentified suspect on Thursday afternoon on the school's campus.
Your morning cereal ritual may pack more of a sugary punch than you thought. A new study has found that some popular cereal brands contain more sugar per serving than a Twinkie or three Chips Ahoy! cookies.
The contract that established Apple as a corporate entity in 1976 and another document, signed 11 days later, that removed one of the partners are expected to fetch up to $150,000 when they are auctioned next week by Sotheby's.
Following the shooting death of two people on its campus on Thursday, Virginia Tech authorities have advised visitors to stay away from the campus.
Daily deals site LivingSocial is raising a targeted $400 million in a private offering of which over $176 million of that amount has already been raised, according to a filing with the Securities and Exchange Commission.
At least two people have been confirmed dead after shots were fired at Virginia Tech University on Thursday afternoon.
A person who surrendered with their hands up outside the Performance Arts Building is not under arrest, the Collegiate Times, an independent student newspaper that covers Virginia Tech and Blacksburg, is reporting.
The European Banking Authority noted banks within the 27-nation European Union need to raise €114.69 billion ($152.8 billion) by June of next year in order to meet the authority's capital requirements. That amount is €8.24 billion, or 7.18 percent, more than the supranational regulator had noted on October 30. The balance sheet apparently worsened at certain banks, most notable in Germany, Belgium and Austria.
Virginia Tech has reported that an officer has been shot on its campus and that there is possibly a second victim.
New York City was named the most expensive U.S. commercial real estate market in a report by the Building Owners and Managers Association (BOMA) International.
McDonald's keeps beating the economy, unveiling strong identical-store November sales numbers in an earnings report Thursday.
Among the happiest is likely company chairman Bill Ford Jr., who made the announcement, considering he and family members who own or receive dividend benefit from many of the company's Class B shares have been the income since the dividend was dropped in 2006 as Ford struggled, teetering near bankruptcy.
The SEC on Thursday charged Wachovia Bank N.A. -- now Wells Fargo Bank following a merger in March 2010 -- with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.
Outside consultants, accountants, regulators, and people who were at the company “before I arrived” all took actions that undermined the stability of the company, Corzine is set to tell the House Committee on Agriculture today, according to his written comments. Not responsible, though as Corzine acknowledges are “one of the recurrent themes in the media” was the firm’s relatively high ratio of leverage or its exposure to European sovereign debt.
The HP TouchPad sale is being revived - for one day only - on HP's eBay store, which will offer heavily discounted $99 tablet computers during another round of the firesale.
One company thought it had discovered a major security flaw in Google Translate, but Google stepped in and set the record straight.
The 30-year fixed-rate mortgage rate dropped to 3.99 percent in the week ending Dec. 8 from four percent in the previous week, according to Freddie Mac.
With an expected price of $99, American consumers will soon get the chance to try out the Novo7, the first tablet computer to sun Android's Ice Cream Sandwich operating system. Get the full spec list here, learn where to look for Novo7s (now available only in China), and compare it another Apple iPad challenger, the ill-fated HP TouchPad.
Mayo Clinic and Nestle-owned Prometheus Laboratories took their patent battle to the U.S. Supreme Court Wednesday.
