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Johnson & Johnson easily beats forecast for 3Q; earnings fall

Subscriber onlyHigher spending across the board drove Johnson & Johnson's third-quarter profit down 12 percent, despite a big sales jump fueled by recent acquisitions, hot new cancer drugs and strong sales of other key medicines. Continue reading...

Missouri court's ruling voids award in talc-powder suit

Subscriber onlyA Missouri appeals court on Tuesday vacated a $72 million award to an Alabama woman who claimed her use of Johnson & Johnson products that contained talcum contributed to her ovarian cancer, throwing the fate of awards in similar cases into doubt. Continue reading...

Toys R Us Asia gets IPO consideration

Subscriber onlyToys R Us Inc., the retailer that filed for bankruptcy in North America, has been exploring options for its growing Asian business, including a potential initial public offering, people with knowledge of the matter said. Continue reading...

Dow peeks above 23,000, retreats

Subscriber onlyGains by health care companies led U.S. stock indexes mostly higher Tuesday, pushing the market further into record territory. Continue reading...

Business news in brief

Subscriber onlySEC reviewing failed S.C. nuclear plant Continue reading...

Simplify earnings reports, GE told

Adjustments stir confusion, worry

Subscriber onlyBOSTON -- Last quarter, General Electric Co. reported earnings of 28 cents a share. Also 13 cents a share, 19 cents a share and 15 cents a share -- all at the same time. Continue reading...

Tesla fired hundreds, reports say

Auto firm says reductions result of performance reviews

Subscriber onlyTesla's stock fell slightly Monday after news that it fired "hundreds of workers" in recent days as a result of annual performance reviews. Continue reading...

Nordstrom suspends plans for buyout

Subscriber onlyNordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department-store industry has lost favor with both customers and investors. Continue reading...

Chicago presence increases for Mars

Subscriber onlyCHICAGO -- Mars Food hopes its new home in Chicago will prove fertile ground for growing a relatively small sliver of the global Mars business, known more for chocolate and pet care. Continue reading...

Free meals back in service on some airlines' domestic flights

Subscriber onlyIt seemed to be extinct. The airlines stopped offering it on domestic flights more than a decade ago, along with other amenities that once made air travel an adventure rather than an endurance test. And yet it has reappeared in recent months: a meal in coach. Continue reading...

U.S. pursues balanced trade as talks with Japan advance

Subscriber onlyWASHINGTON -- President Donald Trump's administration is advocating for a more balanced trade relationship with Japan as high-level economic talks with the Asian nation advance this week in Washington, according to Vice President Mike Pence. Continue reading...

Workspace changes improve productivity

Subscriber onlyNEW YORK -- Triangle Pest Control's original workspace was a 2,000-square-foot garage housing 25 people -- the technicians who did the bug control work, as well as all the sales and support staff members. It was hard for employees to handle phone calls when everyone sat so close together. Continue reading...

Firm bringing farm right to table

Urban agriculture grows food in limited spaces

Subscriber onlyDiners flock to Mission Chinese Food in Manhattan's Lower East Side for the ambience, as much as the innovative twists on Sichuan food. Customers have been known to wait hours for the privilege of eating Kung Pao pastrami amid "Chinese banquet and surrealist" decor, as executive chef Angela Dimayuga describes it. Continue reading...

Rum-maker Bacardi provides Puerto Rico something to say cheers about

Subscriber onlyAfter Hurricane Maria, Puerto Rico's physical destruction multiplied its financial crisis. But at least one revenue generator is up and running: rum. Continue reading...

Retail's month soars on 2 storms

September sales’ rise best since ’15

Subscriber onlyWASHINGTON -- Americans increased their spending at retailers last month by the most in 2 1/2 years, driven by strong auto sales as residents of hurricane-ravaged areas replaced destroyed cars. Continue reading...