Financial
Burt's Bees namesake cleaned out after affair PDF  | Print |  E-mail
Written by By DAVID SHARP / Associated Press   
Wednesday, 04 June 2014 13:23
PARKMAN, Maine (AP) — Conventional wisdom suggests the Burt behind Burt’s Bees left the company after he became disillusioned with the corporate world in North Carolina and wanted to return to his solitary life in Maine.
The reality, Burt Shavitz says, is that he was forced out by co-founder Roxanne Quimby after he had an affair with an employee.
Last Updated on Monday, 09 June 2014 08:52
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Auto sales rev up PDF  | Print |  E-mail
Written by By TOM KRISHER and DEE-ANN DURBIN / AP Auto Writers   
Tuesday, 03 June 2014 15:20
DETROIT (AP) — Brisk demand for SUVs and pickup trucks — and five sunny weekends — pushed U.S. auto sales to a nine-year high in May.
Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase.
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Wealth gap doesn't take vacation PDF  | Print |  E-mail
Written by / SCOTT MAYEROWITZ and CHRISTOPHER S. RUGABER AP Business Writers   
Wednesday, 04 June 2014 06:51
NEW YORK (AP) — Private elevators, personal shopping assistants, six-bedroom suites with their own postal codes. Even helipads. This is what the super-rich have come to expect from hotels.
For others, vacation now means renting someone’s apartment, a spare room, maybe just a couch — anything to save on the cost of a hotel.
Last Updated on Wednesday, 04 June 2014 07:03
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Hot dog maker hot item PDF  | Print |  E-mail
Written by Associated Press   
Tuesday, 03 June 2014 07:15
NEW YORK (AP) — The board of Hillshire Brands has decided to hold separate talks with Pilgrim’s Pride and Tyson Foods, as the two major meat processors engage in a bidding war for the maker of Jimmy Dean sausages and Ball Park hot dogs.
The announcement by Hillshire Brands on Tuesday comes one day after Pilgrim’s Pride Corp. increased its bid to $55 per share, or $6.8 billion, from $45 per share.
Last week Tyson Foods Inc. made a $50 per share offer, or $6.2 billion, for Chicago-based Hillshire Brands Co.
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