NEW YORK (AP) - Nike Inc., the world's largest athletic shoe and clothing company, on Thursday reported a 22 percent increase in fourth-quarter profit as strong sales in North America offset weakness in Europe and China.
DENVER (AP) - A federal appeals court ruled Thursday that Hobby Lobby stores have a good case that the federal health care law violates their religious beliefs in ordering them to provide birth control to employees, and that they shouldn't be subject to millions in fines while their claim is considered.
NEW YORK (AP) - Sales plummeted at Barnes & Noble bookstores in the latest quarter and its Nook e-book devices failed to keep up with competitors, pushing the company to a net loss that more than doubled from a year ago.
DALLAS (AP) - Tenet Healthcare Corp. plans to buy fellow hospital operator Vanguard Health Systems Inc. for about $1.8 billion, in a deal that will expand its reach into new markets as millions of patients start to gain insurance coverage through the health care overhaul.
NEW YORK (AP) - Samsung is expanding its lineup of tablet computers and making them look more like its Galaxy smartphones, as it hopes to translate its success in phones to the tablet market, where Apple is dominant.
BEIJING (AP) - An American executive said he has been held hostage for four days at his medical supply plant in Beijing by scores of workers demanding severance packages like those given to 30 co-workers in a phased-out department.
HOUSTON (AP) - Ex-Enron Corp. CEO Jeffrey Skilling - seen by many as exemplifying the worst in corporate fraud and greed in America - could be released from prison in about four years after a federal judge on Friday shaved off a decade from his original sentence of more than 24 years.