SPARKS — McCormick & Co. said Thursday it approved the repurchase of $400 million in company stock. McCormick makes an array of spices and other cooking products for consumers, restaurants and food manufacturers. The company reported results for its fiscal ...

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WASHINGTON (AP) — A private survey shows U.S. businesses kept hiring at a modest pace in July, suggesting the job market could be improving after three sluggish months. Payroll provider ADP said Wednesday that businesses added 163,000 jobs last month. ...

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NEW YORK — JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder. “This has shaken ...

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COLUMBUS, Ohio — The rapidly expanding retailer Big Lots posted a 4 percent jump in fourth-quarter net income and said earnings per share would likely rise by as much as 17 percent this year, yet shares dipped more than 3 ...

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NEW YORK — Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years. Sprint, once known for the ...

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MCLEAN, Va. — Gannett Co. reported a 33 percent drop in its fourth-quarter net income Monday. The media company, which publishes USA Today and owns a network of broadcast, digital and other publishing properties, said profits were weighed down by ...

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CHICAGO — Power plant operator Exelon Corp. on Wednesday said that its fourth-quarter profit rose 16 percent, but its adjusted results missed Wall Street expectations due to higher costs and unfavorable weather conditions. Its shares slipped in midday trading after ...

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NEW YORK — After uncharacteristically tepid sales in the July-to-September quarter, Apple came back with a vengeance in last three months of 2011, vastly exceeding analyst estimates and setting new records. Apple Inc. on Tuesday said it sold 37 million ...

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NEW YORK — McDonald’s says net income rose by 11 percent in the fourth quarter as the world’s largest burger chain continues to attract budget-conscious customers. Net income of $1.38 billion translated to $1.33 per share, beating the $1.29 predicted ...

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NORTHFIELD, Ill. — Kraft Foods Inc. will cut 1,600 positions in North America as it prepares to split its business in two. The Northfield, Ill.-based food company said Tuesday that it plans to eliminate the positions throughout the U.S. and ...

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