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Stocks edged higher Monday at the start of another major week for company earnings. The Standard & Poor’s 500 index had its best week since July last week as first-quarter corporate earnings began to come in.
General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company.
Hasbro returned to profitability in its first quarter, driven by sales of girls’ toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges.
The United Auto Workers announced Monday it is withdrawing its appeal of the outcome of a union vote at Volkswagen’s assembly plant in Tennessee.
NEW YORK — Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese. The U.S. Department of Agriculture’s Food Safety and Inspection Service said Sunday that Kraft’s “Oscar Mayer Classic Wieners” may instead contain the company’s “Classic Cheese …
General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.
The Belgian beer federation is trying to rekindle local interest in the drink with a “Proud of our Beers” public awareness campaign, including a tricolor national flag with the middle yellow turned into a glass of beer. “Belgian beer made in Belgium but not drunk in Belgium is not really Belgian beer anymore,” brewery owner Gert Christiaens said.
Major record labels are suing Internet radio giant Pandora for copyright infringement for using songs recorded before 1972 without paying license fees.
Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts. The recall covers SUVs from the 2001 through 2004 model years.
A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.
A batch of U.S. company earnings drove stocks mostly higher on Thursday. The major stock indexes shifted between small gains and losses ahead of their scheduled close for Good Friday. The gains kept the indexes ahead for the week, though the remained down for the month.
Ford Motor Co. said Thursday it will sell high-end Lincoln cars in China for the first time later this year when it opens eight dealerships in seven cities.
Mexican food chain Chipotle said Thursday it will raise prices for the first time in three years as its popularity continues to soar. Menu boards with the new prices should start rolling out in coming weeks and be in place at all restaurants by this summer.
PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
UnitedHealth Group’s first-quarter net income slid 8 percent as fees and funding cuts from the health care overhaul helped dent the performance of the nation’s largest health insurer.