The Buffalo News : Business Today

Saturday, March 20, 2010

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Reports are a mix of good, bad news

WASHINGTON — The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday. (Updated: 03/19/10 7:01 AM )

Prescription-drug heists rise

WASHINGTON — The $75 million heist at a pharmaceutical warehouse in Connecticut this week was just the most audacious example of a growing phenomenon: Thieves are stealing large quantities of prescription drugs for resale on the black market. (Updated: 03/18/10 7:03 AM )

Nike quarterly profit jumps

BEAVERTON, Ore. — Nike Inc. said Wednesday that stronger sales helped boost the athletic shoe and clothing company’s third-quarter profit. (Updated: 03/18/10 7:03 AM )

Kraft Foods plans to cut salt

PORTLAND, Ore. (AP)—Kraft Foods Inc. said Wednesday that it will cut the salt in its products that are sold in North America by an average of 10 percent over the next two years to appeal to health-conscious consumers. (Updated: 03/18/10 7:03 AM )

Bill aims to pressure China

WASHINGTON — A coalition of senators from both parties banded together Tuesday to offer a bill that’s aimed at pressuring China to stop manipulating its currency — a move that could boost manufacturing in places like Buffalo. (Updated: 03/17/10 6:33 AM )

Hilfiger being sold to Klein parent

NEW YORK — Two iconic American clothing labels — preppy Tommy Hilfiger and classic Calvin Klein — are coming together under one roof after Phillips-Van Heusen said that it will purchase Tommy Hilfiger for about $3 billion in cash and stock. (Updated: 03/16/10 6:36 AM )

Product Recalls / Where to go, what to do

Toy Guns (Updated: 03/15/10 7:12 AM )

Blended coffee may let you down

Coffee lovers seeking a standout cup of blended coffee may have a hard time. None of the 37 caffeinated and decaffeinated varieties Consumer Reports coffee experts recently tested earned an Excellent or Very Good rating. (Updated: 03/15/10 7:12 AM )

Discount Diva: Take a plan when you go shopping

Iadmit it. I did it just last week. I was scurrying through the grocery store, feeling guilty about leaving my pooch home alone after a long day at work, and just started chucking things into my cart. (Updated: 03/15/10 8:31 AM )

Digital signs to target age, gender, raising issue of ads running amok

SAN JOSE, Calif. — Using technology from top Silicon Valley companies such as Cisco and Intel, advertisers are creating a new breed of digital signs that can be customized depending on a viewer’s age and gender. (Updated: 03/15/10 7:12 AM )

‘Alice’ remains top draw in movie theaters

LOS ANGELES — Alice is still ruling the movie palace. (Updated: 03/15/10 8:43 AM )

GrowingUp

Like a fast-changing toddler, Gymboree is undergoing a growth spurt. (Updated: 03/12/10 6:41 AM )

LoneEagle

American Eagle Outfitters’ closing of its Martin+Osa stores will help the clothing retailer focus more on its core namesake brand, an analyst said. (Updated: 03/11/10 7:09 AM )

Panera stores to post calorie information

Panera Bread customers around the country soon will be able to tally calories for their smokehouse turkey panini and broccoli cheddar soup with just a glance at the menu board. (Updated: 03/11/10 7:24 AM )

Inventories continue drop

WASHINGTON(AP)—Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves. (Updated: 03/11/10 7:09 AM )

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