he U.S. consumer-price index declined 0.7 percent in January after dropping 0.3 percent the prior month, a Labor Department report showed Thursday in Washington.
Mike Ullman, chief executive officer of J.C. Penney Co., speaks during the grand opening of a new store in the Brooklyn borough of New York on Aug. 29, 2014.
LONDON (Reuters) - OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.
Mortimer B. Zuckerman, the longtime owner of The Daily News in New York, told employees on Thursday that he had retained advisers to explore selling the newspaper.
Herbalife Ltd., the embattled Los Angeles nutritional products company, said its profit fell 16% in the fourth quarter. Revenue was down 11% for the quarter.