The candy company based in Hershey, Pa., bought Shanghai Golden Monkey on Thursday. Hershey may hold the largest share of the U.S. chocolate market, but only a small share of candy sales overseas.
The economy grew by 4.1 percent in the third quarter of the year, significantly higher than the earlier projection of 3.6 percent. The upward revision comes mostly thanks to stronger consumer spending, and it's the strongest showing in almost two years.
Salinas, Calif., is just an hour from Silicon Valley, but production at many local lettuce farms is decidedly low-tech. City officials here decided it's time for an upgrade — and have hired a venture capital firm to help Salinas transition into a high-tech agricultural hub.
Delta CEO Richard Anderson says frequent flyers believe voice calls in the cabin would disrupt travel. So the airline announced it will ban in-flight calls even if the FCC changes the rules.
The retailer acknowledged early Thursday that there was a massive security breach of its customers' credit and debit card accounts. It started the day before Thanksgiving and extended at least to Dec. 15 — the heart of the holiday shopping season.
Employees at Silicon Valley companies such as Apple, Google and Facebook are highly paid and enjoy a wide range of perks on the job. The security guards who watch over their workplaces earn around $16 an hour, a tough wage to get by on in the high-priced San Francisco Bay Area.
It became the largest city in U.S. history to file for bankruptcy. Its former mayor was sentenced to 28 years in prison. And a TV personality compared it to Chernobyl. But a new year is on the horizon, and for some parts of Detroit, things are looking up. Really.
Federal Reserve officials end a two-day meeting on Wednesday amid signs that the U.S. economy is slowly mending. David Greene talks to David Wessel, economics editor of The Wall Street Journal, about the Fed's last meeting of the year.