(Bloomberg) -- Lumber Liquidators Holdings Inc. sold flooring containing levels of formaldehyde higher than California health and safety standards, according to the television news program �60 Minutes.
U.S. consumer spending fell in January for the second straight month due in part to the drop in gasoline prices, though inflation-adjusted outlays climbed.
Citigroup Inc. will become the exclusive issuer of Costco's credit cards and Visa Inc. will replace American Express as the credit-card network for Costco's stores starting in 2016, the retailer announced Monday.
Freescale Semiconductor's $17.6 billion 2006 leveraged buyout won't go down as one of the private equity industry's better deals after the highly indebted semiconductor fell into distress during the credit crunch.
NEW YORK (AP) - The world's richest person got even richer this year. And a basketball superstar-turned-owner made the list for the first time.