Philips to invest over $150M in US manufacturing, research facilities
Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.
How Kodak went from film giant to facing financial peril
The iconic film company Kodak has been failing to capitalize on digital photography technology it invented in 1975, leading to bankruptcy and ongoing struggles.
GE Appliances invests $3B in US manufacturing operations
GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative
Kodak says there's 'substantial doubt' it can stay in business
Kodak warned in a Securities and Exchange Commission filing that it faces serious financial concerns, citing substantial doubt about continuing operations.
Spirit Airlines warns it may not survive another year
Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt restructuring and bankruptcy exit.
Inside the Applebee's-IHOP combo restaurant model that's set to expand in the US
Applebee's and IHOP combined restaurants feature streamlined 105-item menus and cross-trained staff, creating a more efficient and profitable business model.
Target cookies pulled from shelves nationwide over potential wood contamination fears
FDA issues Class II recall for Target's Favorite Day frosted sugar cookies sold in multiple states after potential wood contamination discovered in product.
Bed Bath & Beyond’s iconic 20% coupon is back, but there is a catch
The iconic Bed Bath & Beyond 20% off coupon makes a comeback as the brand reopens under new ownership with new restrictions on its use in Nashville.
$13M California mansion's price drops $250K every week until someone finally buys it in rare auction
A sprawling 11,000-square-foot California coastal retreat with six bedrooms and ocean views used a Dutch auction pricing strategy in the La Jolla market.