US Business News

Yahoo Shows Signs of Growth

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Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.

Abbott Labs Profit Falls 31%

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Abbott Laboratories' first-quarter earnings fell 31% as the health-care products company reported negative currency impact masked modest overall sales growth.

Grainger Net Up on Strength in U.S. Segment

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Grainger said its first-quarter profit edged up 2.3% as the industrial-goods supplier reported revenue growth in its U.S. business and strength online, masking lower sales in Canada.

St. Jude Medical Earnings Rise 12%; Boosts 2014 Outlook

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St. Jude Medical Inc. said its earnings rose 12% as the medical device maker reported modest sales growth at its core heart-rhythm device business.

U.S. Bancorp Profit Drops on Softer Mortgage Revenue

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U.S. Bancorp's first-quarter earnings fell 2.2% as the regional lender posted weaker mortgage banking revenue.

Price War Erupts in Cloud Services

Related Link:, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.

BofA Swings to Loss on Legal Charge

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Bank of America said it swung to a first-quarter loss as results were hurt by $6 billion in legal charges and slumping mortgage originations.

Making Sure the Boss Is the Right Fit

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A poor cultural fit is the primary reason top managers fail. Industry experts says job candidates as well as recruiters need to step up the diligence in the hiring phase.

Why People Are Eating Less Fish

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Americans are turning their noses up at one of the healthiest foods around: fish. Consumers aren't sure how to cook fish, while the seafood industry hasn't been able to organize any major marketing campaigns.

Yuan's Depreciation Hits Some Earnings

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China's depreciating currency may be benefiting the nation's export-oriented industries, but other businesses are beginning to feel the pain, with some domestic companies expecting weaker quarterly results.

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