Business

Business Employers: Agreement made on key issue in port labor dispute Employers: Agreement made on key issue in port labor dispute
Negotiators working on a new contract for dockworkers at West Coast seaports, which handle about $1 trillion worth of cargo annually, have resolved a key dispute in their difficult talks, an association representing employers said Monday.
Business Death toll from GM ignition switches rises to at least 50 Death toll from GM ignition switches rises to at least 50
With only five days left before the deadline to seek payments, compensation expert Kenneth Feinberg has decided that 50 death cases are eligible for money due to crashes caused by faulty General Motors ignition switches.
Business Survey: Firms optimistic on hiring, wages in 1st quarter Survey: Firms optimistic on hiring, wages in 1st quarter
Rising sales helped boost hiring at U.S. businesses in the last three months of 2014, and companies are optimistic that continued improvement in business conditions will bring increased employment and wages in the current quarter, a new survey shows.
Business Mattel CEO resigns, toy maker results miss expectations Mattel CEO resigns, toy maker results miss expectations
Mattel Chairman and CEO Bryan Stockton has resigned after the struggling maker of Barbie dolls and Hot Wheels cars reported fourth-quarter results that fell far short of analyst expectations.
Business McDonald's earnings fall; changes afoot to woo customers McDonald's earnings fall; changes afoot to woo customers
The world's largest hamburger chain reported falling earnings and sales for its fourth quarter on Friday and says it is going to take action this year to save money and bring customers back. This includes slowing down new restaurant openings in some markets.
Business UPS takes a hit during the holidays, cuts outlook UPS takes a hit during the holidays, cuts outlook
The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company cut its outlook for the year. Its shares plunged almost 10 percent in morning trading Friday.
Business Starbucks' profits soar 82 percent on strong sales, traffic Starbucks' profits soar 82 percent on strong sales, traffic
Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.