NEW YORK (AP) - That morning cup is getting cheaper.
PALO ALTO (AP) - Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday. The looming cuts cited by Bloomberg News and the technology blog All Things D would trim as much as 9 percent of HP's workforce, ...
NEW YORK (AP) - The owner of fast-food chains Carl's Jr. and Hardee's is planning to go public again, seeking to raise an estimated $100 million. CKE Inc. says it will use proceeds from the offering to repay debt and for general corporate expenses. It filed preliminary paperwork for the IPO Thursday with the Securities and Exchange Commission. ...
SAN FRANCISCO (AP) - Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson. Instead of operating as a separate division, Yahoo's commerce operations will operate within the company's global media team. Interim CEO Ross Levinsohn announced the decision in a memo sent Thursday to Yahoo Inc. employees. ...
NEW YORK (AP) - Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience - young men. The chain says it will start testing the menu July 25 at about 40 locations in Dayton, Ohio. The burritos and bowls will have double portions of chicken or steak, and toppings such as corn, guacamole and reduced fat sour cream. They'll be made with existing ingredients, including ...
SUNNYVALE (AP) - Yahoo is the latest company to disclose how many requests for user data it has received from U.S. government agencies, putting the number between 12,000 and 13,000 in the six months that ended on May 31.
NEW YORK (AP) - A former intern filed a class-action lawsuit Monday against Warner Music Group and Atlantic Records over his unpaid internship, similar to a spate of recent lawsuits in other industries pushing back against the widespread practice.
MOORESVILLE, N.C. (AP) - Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash. Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's will become the "stalking horse" bid for an auction of Orchard's assets. Such a bid sets the floor for an auction process that lets competitors make better offers. The California market is ...
WILKES-BARRE, Pa. (AP) - A single mother who worked briefly at a northeastern Pennsylvania McDonald's franchise is suing the owners after she said she was given a fee-laden debit card and told that she must use it to access her earnings.