Labor
United Tech CEO hints at sale of fuel cell firm
The chief executive officer of industrial conglomerate United Technologies Corp. hinted Tuesday that it could sell its fuel cell business. CEO Louis Chenevert of the Hartford-based company — which owns jet engine manufacturer Pratt & Whitney, Otis elevator, Carrier heating and cooling and other aviation and building systems companies — ...
Doggy couch surfing? Website has lodging for dogs
When you travel and have to leave your dog behind, you can call a kennel, hire a pet sitter — or find him a new friend online. The website DogVacay debuted in New York and Los Angeles in March and, just in time for the summer travel season, is now ...
Obama to push clean energy technologies in Iowa
Anxious to show voters he's working to create jobs, President Barack Obama is putting tax credits to boost clean energy in the spotlight this week as he heads to the political battleground state of Iowa. The president will visit TPI Composites, a wind manufacturer in Newton, on Thursday to highlight ...
Romney's playbook on Bain unclear as attacks grow
The core of his presidential candidacy under attack, Mitt Romney has yet to shape a playbook to defend a quarter-century in the business world that created great riches for him and great hardship, at times, for some American workers. Romney and his aides have struggled to respond consistently to intensifying ...
Best Buy profit falls, adj. earns tops Street view
Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan. Its adjusted earnings and revenue both topped Wall Street's expectations. That's sorely needed good news for the electronics chain as it attempts a restructuring ...
General Mills to eliminate about 850 jobs
Food maker General Mills Inc. said Tuesday it will cut about 850 jobs as part of a plan to lower costs and boost efficiency. The Minneapolis-based maker of Cheerios cereal, Nature Valley granola bars and Hamburger Helper said the moves will make it more effective and allow it to focus ...
Romney's Bain playbook unclear as attacks grow
The core of his presidential candidacy under attack, Mitt Romney has yet to shape a playbook to defend a quarter-century in the business world that created great riches for himself and great hardship, at times, for some American workers. Romney and his aides have struggled to respond consistently to intensifying ...
Economists more upbeat about job growth, housing
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak. The National Association for Business Economists says in a report issued Monday that its forecasters expect modest growth for the remainder of ...
2 key proxy firms urge shareholders oppose CEO
Two leading proxy adviser firms are telling Wal-Mart shareholders to vote against certain board members up for re-election next week, saying the directors neglected their responsibility in an alleged bribery scheme in Wal-Mart's Mexican operations. The firms ISS and Glass Lewis & Co Inc. recommended in separate reports that their ...
2 key proxy firms urge shareholders oppose CEO
Two leading proxy adviser firms are telling Wal-Mart shareholders to vote against certain board members up for re-election next week, saying the directors neglected their responsibility in an alleged bribery scheme in Wal-Mart's Mexican operations. The firms ISS and Glass Lewis & Co Inc. recommended in separate reports that their ...
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