Famed investor Warren Buffett once warned that investing in airlines was "a death trap." He may be rethinking his view on the airline industry now that the trade group for the world's carriers has predicted that the industry will pocket a record $39.4bn this year.
Panera Bread and Chipotle Mexican Grill passed with flying colors, but KFC and Olive Garden were among the laggards in commitments to eliminate medically important antibiotics from their meat and poultry supply chains, according to a new report.
Vizio Inc. puts more trust into third-party contractors than many television companies. Rather than relying on its own factories, the Irvine firm has outside manufacturers do the handiwork, allowing Vizio to lower costs for itself and consumers.
Wal-Mart is one of the nation's largest private energy consumers, having to power millions of square feet of store space. So when the Obama administration wanted to cut energy bills for the Air Force - which consumes more energy than any other U.S. agency - it turned to the person who had led similar efforts at Wal-Mart for six years.
Federal regulators served notice last week: They're watching how businesses use - and possibly abuse - consumers' personal information. And that's great. It's about time more official attention was paid to ways that companies invade our privacy. But federal authorities can do more, much more, to level the playing field.
Yum Brands Inc. said is dropping some suppliers of its KFC restaurants in China as it tries to reassure consumers in that country who were scared off by a chicken safety scare last month.