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Chinese e-commerce firms report growth in sales, shoppers for Singles’ Day shopping festival

HONG KONG -- China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day...

Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion

NEW YORK -- The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman...

FDA warns parents to avoid infant formula distributed by company due to contamination

WASHINGTON -- U.S. health officials warned parents to avoid powdered infant formula sold by a Texas dairy producer, because a dangerous bacteria was found...

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