Sponge Soaks Up 'Shark Tank' Success, Sales Balloon to $18M
If you’re a fan of ABC’s popular Friday-night TV show “Shark Tank,” you’ve probably watched dozens of inventors pitch their strange ideas, begging for backers. Aspiring entrepreneurs have to have thick skin. More than half of the people who show up never strike a deal,...
Hasbro and SuperValu Rise, JB Hunt and Marathon Oil Dip
Hasbro and SuperValu gain ground on Wall Street, while JB Hunt Transportation and Marathon Oil skid
Netflix tests limits of price increases for original shows SAN FRANCISCO (AP) — Netflix is testing the financial limits of its streaming video service as the rising cost of producing original programming pushes up subscription prices. The latest reminder came Monday with the company's
Supervalu to Sell Save-A-Lot Chain for $1.37 Billion
Supervalu says it is selling its Save-A-Lot supermarket chain for nearly $1.37 billion to Canadian private equity firm Onex Corp
Toy-Filled Chocolate Eggs Legal in US
Kinder Surprise eggs — the chocolate delicacy filled with a (surprise!) toy — have had a big impact on people’s lives. Consider the Winnipeg woman who nearly paid a $300 fine when she tried to cross the Canadian-U.S. border with one (the candy is illegal in the...
Labor Day 2012: 8 Biggest Layoff Announcements
It's seems it's going to be another tough Labor Day for labor. The U.S. unemployment rate is 8.2 percent, with most jobs lost this year from local and federal government. In the private sector, many companies are shedding headcount less due to a flailing economy, as in previous years, but because
'It's 100 Percent Beef': Company on Defensive as It Closes Plants
After two weeks of no comments, Beef Products Inc., the maker of “lean, finely textured beef,” a product now known by the critics’ term for it, “pink slime,” came out swinging today during a news conference to announce the temporary closing of several facilities. The...
'Pink Slime' Discontinued at Safeway
Four supermarket chains announce they will no longer use the ground beef filler.
Where to Get 'Pink-Slime'-Free Beef
ABC News contacted the top grocery chains in America, and here’s how they responded: 1. Safeway “Safeway is committed to providing our customers with the highest-quality products. While the USDA and food industry experts agree that lean, finely textured beef is safe and wholesome, recent...