PLEASANTON (AP) - Discount clothing retailer Ross Stores Inc. said Thursday that a key revenue indicator climbed 6 percent in December and raised its fiscal fourth-quarter earnings guidance, sending the company's shares higher.
LAS VEGAS (AP) - Think your high-definition TV is hot stuff - as sharp as it gets? At the biggest trade show in the Americas, which kicks off next week in Las Vegas, TV makers will be doing their best to convince you that HDTVs are old hat, and should make room for "Ultra HDTV."
WASHINGTON (AP) - Tucked into the "fiscal cliff" tax package approved by Congress are billions of dollars in tax breaks that should make the new year a lot happier for businesses of many stripes, including film producers, race track owners and the makers of electric motorcycles.
NEW YORK (AP) - A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the economy.
SAN FRANCISCO (AP) - Google has settled a U.S. government probe into its business practices without making any major concessions on how the company runs its Internet search engine, the world's most influential gateway to digital information and commerce.
NEW YORK (AP) - Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it's buying Skippy, the country's No. 2 peanut butter brand, in its biggest-ever acquisition.
NEW YORK (AP) - Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental options.
• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.