LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
WASHINGTON - A gauge of confidence for small businesses rose in April to its highest in six months, a sign of resilience in an economy beset by Washington's austerity drive.
HOUSTON - Double Eagle Pipeline LLC has begun moving Eagle Ford condensate from Three Rivers, Texas, to Magellan Midstream Partners LP's terminal in Corpus Christi, Magellan and 50/50 partner Kinder Morgan Energy Partners LP said on Tuesday.
NEW YORK (Reuters Health) - Despite public health progress in cutting calories, as well as salt and fat from fast foods and supermarket products, neighborhood restaurants are still packing big helpings of each into their meals, a trio of studies suggests.
WASHINGTON - The Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
DETROIT - Vehicle Production Group LLC, a maker of wheelchair-accessible vans that received $50 million in low-interest federal loans, has closed its doors after running out of cash.
NEW YORK - When Roger Simmermaker went shopping for clothes at a Florida mall in the mid-1990s, he wanted to buy American, but to his frustration, he couldn't find anything made in the U.S.A.
Right after Nina Dobrev tweeted a photo of her kissing a puppy, the same picture showed up on Weibo, China's twitter-like service, with its caption translated into Chinese. "I wish I were the doggy," one micro-blogger commented on the photo, which was already reposted more than 300 times on Weibo.
WASHINGTON - Small businesses continued to add workers in April and nearly one fifth reported job openings they could not fill, evidence on the eve of a key U.S. monthly employment report that the nation's labor market continues to gradually heal.
NEW YORK - Exchange operator Nasdaq OMX Group wants small and emerging companies listing shares on the public markets to be allowed to choose to be traded only on the venue where they are listed so buyers and sellers have an easier time connecting.
Weeks ago the Global Post profiled an interesting startup in Africa called Mobius Motors that is working to manufacture affordable ($6,000) cars in Africa that are designed for Africans. By simplifying the designs through the elimination of non-essential parts like windows and air conditioning, the team at Mobius is able to drastically reduce the cost of the vehicle. Reuters reached Mobius' founder Joel Jackson over email to ask him about how his plans for the car company and some of the challenges he foresees.