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  • Ex-Exec Drops Wal-Mart Suit

    BENTONVILLE, Ark. - Ex-Wal-Mart executive Jared Bowen has dropped a state lawsuit that claimed the retailer defamed him when it accused him of helping his former boss defraud the company, according to published reports.

  • Shoppers Use Debit Cards Most for Groceries

    BASKING RIDGE, N.J. -- More people are reaching for their debit cards at the checkout counter when shopping for groceries, according to a recent study by global online market research firm Lightspeed Research.

  • Government Study Criticizes Credit Cards' Policies on Late Fees

    WASHINGTON - Credit card issuers have done a poor job of explaining their policies on fees and penalties to consumers, according to the results of a new study by the Government Accountability Office, the investigative arm of Congress.

  • Kellogg Offers Direct Stock Purchase Plan

    BATTLE CREEK, Mich. -- Kellogg Co. here is now offering a direct stock purchase and dividend reinvestment plan. The new plan, which debuts today, enables new investors to make an initial investment of $50 or a monthly commitment of $25, while current investors will be able to increase their holdings through cash investments of $25 or more. Investors may buy up to $100,000 in common stock per year under the plan.

  • Kellogg Offers Direct Stock Purchase Plan

    BATTLE CREEK, Mich. -- Kellogg Co. here is now offering a direct stock purchase and dividend reinvestment plan. The new plan, which debuts today, enables new investors to make an initial investment of $50 or a monthly commitment of $25, while current investors will be able to increase their holdings through cash investments of $25 or more. Investors may buy up to $100,000 in common stock per year under the plan.

  • Ex-Wal-Mart Exec Sentenced to House Arrest

    BENTONVILLE, Ark. -- Tom Coughlin, the former vice chairman of Wal-Mart Stores Inc. here who admitted to stealing thousands of dollars from the retailer, was sentenced to 27 months of house arrest late last week.

  • Bob Wegman Leaves Bulk of Estate to Charity

    ROCHESTER, N.Y. -- The late Robert B. Wegman, paterfamilias of the Wegmans Food Markets empire here, was a well-known philanthropist in life, and his will ensures that his charitable giving won't end with his death.

  • U.S. Consumers Cut Take-out as Belts Tighten: ACNielsen Study

    NEW YORK -- When the going gets tough, Americans stop going for take-out, according to a new survey conducted by ACNielsen.
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