33 PF Chang's Restaurants Hit by Data Breach

P.F. Chang's says data may have been stolen from credit and debit cards used at 33 P.F. Chang's China Bistro restaurants in the U.S.

New Study Questions Overdraft Services

Consumers who sign up for debit-card overdraft protection tend to pay hefty fees to their banks for making small mistakes, a new government study said.

Call Center Jobs Returning to U.S.

After years of sending call center jobs to India, the Philippines, Mexico and other countries, companies are bringing them back to the U.S. An estimated 5 million Americans are employed in call centers.

Should Millennials Really Start Investing Right Now?

The future generation of America is reluctant to get involved in one of the greatest traditions of the American economy. The golden and all-revered stock market that Generation Xers and Baby Boomers swore by has failed to engender the same enthusiasm from the millennial generation.

Tesla Breaks Ground on Potential Gigafactory, Ramps Up Model S Production

Tesla Motors revealed Thursday that it is drastically ramping up electric car production with a new assembly line at its Fremont factory and broke ground on a potential site for its much anticipated battery "gigafactory" just across the California border in Reno.

Citi Says SEC Has Closed Mortgage Probe

Citigroup says it's been told by the Securities and Exchange Commission that the agency has completed its investigation of the bank's conduct regarding mortgage bonds and won't bring further enforcement action.

P&G About to Shed Half Its Brands

The world's largest consumer products maker said it will cast off more than half its brands around the world during the next year or two, leaving it with about 70 to 80 of its top performers.

Chevron 2Q profit climbs 5.6 percent

SAN RAMON, Calif. (AP) Chevron Corp. on Friday reported earnings that rose by 5.6 percent in its second quarter, and topped analysts' expectations. The San Ramon, California-based company said net income increased to $5.67 billion, or $2.98 per share, from $5.37 billion, or $2.77 per share, in the same quarter a year earlier. The average per-share estimate of analysts surveyed by Zacks ...

Clorox 4Q profit beats Wall St. expectations

OAKLAND, Calif. (AP) Clorox's fiscal fourth-quarter profit declined 7 percent, as foreign currency fluctuations weighed on its sales overseas. Its adjusted profit topped analysts' estimates, while revenue fell a bit short. Shares of the consumer product maker climbed in Friday premarket trading. The Oakland, California-based company said net income fell to $170 million, or $1.29 per share, ...

Hilton 2Q earnings jump 35 pct to $209 million

MCLEAN, Va. (AP) Hilton Worldwide Holdings Inc.'s (HLT) second-quarter earnings rose 35 percent and topped Wall Street expectations. The McLean, Virginia, hotelier said Friday it earned $209 million, or 21 cents per share, in the three months that ended June 30. That compares with earnings of $155 million, or 17 cents per share, in last year's quarter, before the company held its December ...

P&G 4Q profit rises, benefits from lower expenses

CINCINNATI (AP) Procter & Gamble Co.'s fiscal fourth-quarter net income climbed 38 percent, bolstered in part by lower expenses. The world's largest consumer product maker said Friday that net income increased to $2.58 billion, or 89 cents per share, for the three months ended June 30. That compares with $1.88 billion, or 64 cents per share, a year ago. Earnings, adjusted for one-time gains ...

Burger King 2Q profit rises 19 percent

MIAMI (AP) Burger King Worldwide Inc. (BKW) on Friday reported net income that climbed by 19 percent in its second quarter, and topped analysts' expectations. The Miami-based company said profit increased to $75.1 million, or 21 cents per share, from $62.9 million, or 18 cents per share, in the same quarter a year earlier. Earnings, adjusted for one-time gains and costs, came to 25 cents per ...

Why Samsung Shares Plunged in the April-June Quarter

Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. Its earnings report for the April-June quarter show why.

Target Taps Pepsi Exec as New CEO

Target is bringing in an outsider as its CEO for the first time as the Minneapolis-based retailer fights to redefine itself to American shoppers.

Exxon Profit Rises, Production Drops

Exxon Mobil net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped 6 percent.

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