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Avon Products 1Q profit, shares skid

May 2, 2012 • BusinessComments Off

A Wednesday, July 28, 2010 file photo shows a container and brush of Super Full mascara by Avon, in North Andover, Mass. Avon Products Inc. says Tuesday, May 1, 2012 that its first-quarter profit tumbled 82 percent, hurt by a bigger restructuring charge, commodity costs and higher labor costs. The company is fending off makeup [&hellip...

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Ex-Detroit, Wayne Co. finance chief Marshall dies

May 2, 2012 • BusinessComments Off

In this March 25, 2008 photo, Don Barden and his wife Bella Marshall Barden pose for a photo during a reception at the Townsend Hotel for Kronk Gym–the legendary boxing venue in Birmingham, Mich. Marshall, an ex-Detroit and Wayne County financial chief...

Chrysler to open office in downtown Detroit

May 1, 2012 • BusinessComments Off

Chairman of Rock Ventures and Quicken Loans Dan Gilbert, left, and Fiat-Chrysler CEO Sergio Marchionne stand with a rendering of the Chrysler name on the front of the Dime Building as they answer questions at a news conference to announce that Chrysler is...

Closing planned Tuesday on Cheboygan hospital sale

May 1, 2012 • BusinessComments Off

In a Monday, April 23, 2012 photo, Lisa Craig Brisson speaks during a community rally at Cheboygan Memorial Hospital in Cheboygan, Mich. A crowd estimated at 2,500 attended the rally in response to the hospital being closed unexpectedly on April 3 after a...

Whirlpool opens office campus in Benton Harbor

May 1, 2012 • BusinessComments Off

This photo taken Monday, April 30, 2012 shows an exterior view of the new state-of-the-art Whirlpool Riverview Campus in Benton Harbor, Mich. This wing is the first of three planned for the $70 million campus. (AP Photo/The Herald-Palladium, John Madill)...

Dr. Oz urges California state workers to get fit

May 1, 2012 • BusinessComments Off

Dr. Mehmet Oz, the Emmy Award-winning talk show host waves to fans at a news conference where joined in announcing a new pilot workplace wellness program for state employees in Sacramento, Calif., Monday, April 30, 2012. Oz, accompanied by Yvonne R. Walker,...

US consumer spending slowed in March, income rose

May 1, 2012 • BusinessComments Off

FILE – In this Nov. 25, 2011 file photo, shoppers scramble for door buster deals at Target, in Bowling Green, Ky. Americans increased their spending more slowly in March 2012, suggesting some could be worried about the economy. The Commerce Department...

World Trade Center is back on top in NYC

May 1, 2012 • BusinessComments Off

A torn safety net on One World Trade Center provides a window view of the Manhattan skyline, Monday, April 30, 2012 in New York. One World Trade Center is being built to replace the twin towers destroyed in the Sept. 11 attacks. It reached just over 1,250...

Humana reports 21 percent drop in 1Q profit

May 1, 2012 • BusinessComments Off

FILE – This Aug. 8, 2011 file photo, shows the entrance to the Humana building, in Louisville, Ky. Humana Inc. says its first-quarter net income in 2012 fell 21 percent as the health insurer’s retail and employer group segments had lower profit as...

Dow, S&P 500 slip as Spain enters recession

May 1, 2012 • BusinessComments Off

Specialists Peter Giacchi, left, and John Parisi confer on the floor of the New York Stock Exchange Wednesday, April 25, 2012. U.S. stocks were headed for a neutral opening, with Dow Jones industrial futures nearly unchanged. (AP Photo/Richard Drew) NEW YORK...