Business

Shippers Gear Up for Big Holiday Season

FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago.


J&J to Begin Tests on Ebola Vaccine

Johnson & Johnson will begin safety testing in early January on a vaccine combination that could protect people from a strain of the deadly Ebola virus.


Boeing Sees Revenue Jump, Increases Outlook

Higher aircraft deliveries pushed Boeing Co. to a 7 percent increase in revenue during the third quarter to $23.8 billion over the same period a year earlier.


FedEx Forecasts an Increase in Holiday Deliveries

FedEx forecast Wednesday that deliveries between Thanksgiving and Christmas Eve will rise 8.8 percent over last year, to 290 million shipments.


Ocwen Subprime Lender Accused of Abuses

Ocwen Financial has engaged in abuses that could harm hundreds of thousands of borrowers, according to the New York Superintendent of Financial Services.


Verizon Sees Higher Q3 Income, Revenue

Verizon Communications on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its FiOS Internet services.


Amazon, Simon & Schuster Make a Deal

Amazon.com and Hachette Book Group remain in a months-long standoff, but the online retailer has reached a multiyear agreement with another major New York publisher, Simon & Schuster.


Reynolds Makes Money by Raising Cigarette Prices

Reynolds American Inc.'s net income rose 2.2 percent in the third quarter as higher prices helped offset a continued decline in cigarettes sold.


Coca-Cola Profits, Revenue Go Flat

Coca-Cola reported a lower profit and revenue in the third quarter as global soda volume remained flat.


CVS to Charge Extra Co-pay at Stores That Sell Tobacco

CVS Health plans to make customers think twice about filling prescriptions at other stores that still sell smokes.


McDonald's 5 Problems in US Market

McDonald's said Tuesday a key sales figure declined 3.3 percent in the U.S., marking the fourth straight quarter of declines for the world's biggest hamburger chain.


Airlines Raise Fares Despite Lower Fuel Costs

U.S. airlines are raising base fares on many domestic flights even though they are getting a windfall from lower fuel prices.


IKEA Plans for Growth Online and in Stores

The CEO of Ikea Group, the world's largest furniture chain, is pushing for sales growth, while making its ready-to-assemble furniture more accessible to shoppers increasingly buying online.


NCR Q3 Profit, Revenue Short of Street Views

NCR Corp. on Monday also lowered its full-year revenue outlook.


Marc Andreessen Resigns From eBay Board

E-commerce site eBay said Monday that venture capitalist Marc Andreessen has resigned from its board, less than a month after the company announced a spinoff of its PayPal payments business.


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