Beauty products seller Avon announced it's laying off an undisclosed number of employees and shipping others overseas. Seems its business model is a great fit for emerging markets like China's. Jill Barshay reports.
The Commerce Department said June retail sales posted their steepest drop in nearly two years compared to May. Yet, at the same time, consumers said they're more optimistic about the economy and their pocketbooks. Jill Barshay sorts it out.
The U.S. Postal Service has been handing more and more delivery routes to private contractors and letter carriers don't like it. Yesterday they agreed on wages and benefits, but the use of outside contractors still needs to be addressed. Jill Barshay reports.
Filmgoers can expect to see more of this throwback to the 1950s coming out of Hollywood. The glasses are still goofy but the technology is all grown up, and studio execs expect audiences will keep paying more for the improved experience. Jill Barshay reports.
A powerful public relations campaign is saving clothing company Steve & Barry's millions in advertising, thanks to the star appeal of Sarah Jessica Parker. Jill Barshay explores what makes such outreach so successful.
Groups pushing for universal health coverage got a sort of economic backing today: A new study demonstrates that there are financial gains to be made by insuring everyone before the age of 65. Jill Barshay has details.
Shareholders have approved the merger of the Chicago Mercentile Exchange and the Chicago Board of Trade. That deal will make the Second City home to the largest financial exchange in the world. Jill Barshay reports.
Last month car sales at the Big Three American automakers tumbled 13 percent. General Motors, Ford and Chrysler are on track to hit a major milestone soon, but they won't be throwing a party. Jill Barshay explains.
There's no question that huge numbers of impoverished people around the world are in desperate need of aid. But the debate over how to help them rages on: Education or welfare? Jill Barshay reports.
That's right, so much wine that European taxpayers are pouring close to a billion dollars a year into getting rid of all the excess grapes. So yesterday the E.U. proposed an overhaul of the wine sector. Jill Barshay has details.
