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Kohl’s Corp. says it will hire more than 67,000 seasonal workers nationwide for the holiday shopping season, about a third more than last year’s 50,000.
U.S. stocks edged higher Wednesday as investors waited for a Federal Reserve statement on interest rates following a two-day meeting. Shares of DuPont and FedEx surged.
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
Family Dollar is telling shareholders to reject an unsolicited, $9.1 billion takeover bid by its rival, Dollar General. Family Dollar is trying to arrange a sale to another bargain chain, Dollar Tree.
General Mills Inc. on Wednesday reported profit of $345.2 million in its fiscal first quarter, falling short of Wall Street expectations.
FedEx Corp. on Wednesday reported profit of $606 million in its fiscal first quarter, beating Wall Street expectations.
Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
Humana’s board of directors has replaced the health insurer’s share buyback plan with a bigger authorization for $2 billion in repurchases.
UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season — an increase from last year, when the company was caught unprepared for a boom in online shopping.
A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check.
he Neiman Marcus Group has reached a deal to buy upscale German retailer mytheresa.com.
Dodging a proxy fight with billionaire Carl Icahn, Hertz has added three of his chosen candidates to the board.
Allergan will hold its special shareholders meeting as planned on Dec. 18, while Pershing Square and its partner, Valeant Pharmaceuticals, continue their push for control of the Botox-maker’s board.
The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.
ZF Friedrichshafen AG is buying TRW Automotive for about $11.74 billion. The deal will create an automotive supplier business with combined sales of about $41 billion and 138,000 employees.