Burberry's profit hit by perfume deal's demise
Associated Press |
posted 1 minutes ago
British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31.
Housing recovery boosts Home Depot 1Q results
Mae Anderson and Michelle Chapman, Associated Press |
posted 5 minutes ago
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
German central bank: Economy to improve 'markedly'
Juergen Baetz, Associated Press |
posted 11 minutes ago
Germany's central bank says the country's economy will improve "markedly" in the second quarter _ a development that could boost the struggling eurozone.
Average credit card debt, late payments fall in 1Q
Alex Veiga, Associated Press |
posted 38 minutes ago
Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
SBA starting new lending program for veterans
Joyce M. Rosenberg, Associated Press |
posted May 21st - 3:03am
The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans.
British inflation eases by more than expected
Danica Kirka, Associated Press |
posted May 21st - 3:03am
Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares.
Average credit card debt, late payments fall in 1Q
Alex Veiga, Associated Press |
posted May 20th - 10:02pm
Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
Lew taps government retiree pension fund
Martin Crutsinger, Associated Press |
posted May 20th - 6:52pm
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
Warren Buffett enjoys playing salesman-in-chief
Associated Press |
posted May 20th - 5:35pm
Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
Warren Buffett gives young entrepreneurs 10 shares
Josh Funk, Associated Press |
posted May 20th - 4:50pm
Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.
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