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Business

Aug. 21, 2014 @ 11:09 PM

Family Dollar rejects Dollar General offer

MATTHEWS, N.C. -- Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators. Family Dollar's board said it supports its existing deal to be acquired by Dollar Tree.


Aug. 21, 2014 @ 11:08 PM

Diageo to make Bulleit brand at new Kentucky distillery

SHELBYVILLE, Ky. -- Global liquor giant Diageo PLC will raise its stakes in the growing bourbon sector by making its Bulleit whiskeys at a new Kentucky distillery, where the company's ambitious plans for the brand had a top executive talking about a potential expansion even before initial construction begins.


Aug. 21, 2014 @ 11:07 PM

US housing market recovery appears to be back on track

WASHINGTON -- A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.


Aug. 21, 2014 @ 11:07 PM

Home Depot says Menear will become CEO on Nov. 1

NEW YORK -- Home Depot says Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1.


Aug. 21, 2014 @ 11:06 PM

S&P 500 closes at a record; Hewlett-Packard gains

NEW YORK -- Another round of buying on the stock market is sending the Standard & Poor's 500 index to its latest record high.


Aug. 21, 2014 @ 12:00 AM

Stocks advance for third day, despite Fed minutes

NEW YORK -- The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later.


Aug. 21, 2014 @ 12:00 AM

Fashion meets tradition at new Old Main Emporium

Sara Deel and Sara Sturgen bonded over Marshall University related apparel and accessories while working at the university's bookstore -- a bond that has now forged a new downtown business.


Aug. 21, 2014 @ 12:00 AM

West Virginia Chamber's state meeting next week

CHARLESTON -- The West Virginia Chamber of Commerce is expecting record attendance for its annual three-day meeting next week.


Aug. 21, 2014 @ 12:00 AM

Target cuts outlook as fallout lingers

NEW YORK -- Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales.


Aug. 20, 2014 @ 12:00 AM

McDonald's packaged coffee to sell nationally

NEW YORK -- McDonald's plans to start selling its packaged coffee at supermarkets nationally by early next year, a move intended to help raise the profile of the coffee sold at its U.S. restaurants.