Business News

CVS Caremark profit climbs
The company says its fourth-quarter earnings climbed nearly four percent as its pharmacy services revenue swelled because of a long-term contract and new business.
MSG profit falls as NBA lockout takes toll
The Madison Square Garden Co. says that the shortened season drove its second-quarter profit down nearly 22 percent.
'Washington Post' launches another round of buyouts
The newspaper is launching another round of buyouts, its fifth in the last decade, in its shrinking newsroom.
McDonald's key revenue figure up
The world's biggest hamburger chain says a key revenue figure climbed in January as U.S. customers spent more on breakfast items, beverages and its new Chicken McBites.
Caterpillar rules Illinois out of plant plans
The Peoria-based heavy equipment maker has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan.
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