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House backs variable rate student loans

Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the financial markets in a vote largely along party lines.

Gap back in style as 1Q profit jumps 43 percent

After years of struggle, Gap is back in style.

Ralph Lauren’s 4Q profit rises 35 pct

Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.

Procter & Gamble brings back A.G. Lafley as CEO

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.

Campbell buying Plum Organics baby food maker

Campbell Soup said it’s buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.

On top of big salaries, companies pile on perks

Wynn Resorts pays for founder and CEO Steve Wynn’s residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000.

Tesla uses stock, note sale to repay government

Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.

Vt gov signs novel law against false patent claims

Vermont Gov. Peter Shumlin signed into law Wednesday a novel measure aimed at protecting companies from so-called patent trolling, the practice of making deceptive claims of patent infringement in the hopes of collecting licensing or settlement money.

Survey shows China manufacturing contracting

A survey shows China’s manufacturing contracted this month, adding to signs a fragile economic recovery is slowing.

XanGo juice hit with 2nd lawsuit claiming looting

A co-founder of exotic juice maker XanGo LLC — one of Utah’s most successful brands — has filed a lawsuit claiming his partners are looting the company for exotic vacations and luxury gifts.

Talk of lies, pride as Trump case goes to jury

The attorney for an 87-year-old woman who accuses Donald Trump of cheating her in a skyscraper condo deal told jurors in Chicago on Wednesday that he was personally repulsed by the “Apprentice” star whom he said lied on the witness stand.

HP’s 2Q offers hope even as revenue slump deepens

Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company’s cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.

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