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Higher durable-goods orders ease economic worries

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WASHINGTON (AP) — A surge in demand for autos and aircraft drove orders...

Kraft cutting U.S. coffee prices by about 6 percent

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NEW YORK (AP) — Kraft Foods Inc. is lowering coffee prices in the...

Heinz 1Q net income falls on charges, revenue up

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PITTSBURGH (AP) — H.J. Heinz' first-quarter net income slipped 6 percent as the...

Medtronic fiscal 1Q profit slips 1 percent

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MINNEAPOLIS (AP) — Medtronic, the world's largest medical device maker, says its fiscal...

Coleman Co. names new CEO

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WICHITA, Kan. (AP) — The Coleman Co. in Wichita has a new leader. ...

Toyota debuts new Camry amid tough competition

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DEARBORN, Mich. (AP) — Toyota plans to unveil its first redesign of the...

FDIC: Number of problem banks fell to 865 in Q2

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WASHINGTON (AP) — A government report shows the number of troubled banks fell for the first time in five ...

In nod to IBM, HP overhaul minimizes consumers

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SAN FRANCISCO (AP) — Hewlett-Packard Co. is surrendering in smartphones and tablet computers...

Bank of America to ax 10,000 or more jobs

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Bank of America Corp. is cutting 3,500 employees this quarter and working on...

Oil price drops sharply on economic news

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NEW YORK (AP) — Oil fell sharply Thursday, part of broad sell-off in...