Holiday shoppers gobble bargains, give retail sales a boost
December 14th, 2010
09:13 AM ET

Holiday shoppers gobble bargains, give retail sales a boost

Retail sales were solidly higher in November, the government reported Tuesday, fueled in part by deep discounting on holiday merchandise.

The Commerce Department said total retail sales rose 0.8% last month.

Economists surveyed by on average had forecast an increase of 0.5% for November, compared to a revised 1.7% jump in sales the prior month. October sales were originally reported to have increased 1.2%.

November 25th, 2010
07:00 PM ET

Black Friday 2010 gets a Thursday start

Black Friday, the day after Thanksgiving, typically marks the start of the annual holiday gift-buying marathon.

Eager to jumpstart Black Friday sales, more large national retailers broke their norm by opening on Thanksgiving Day.


May 4th, 2010
07:53 PM ET

Children's Tylenol recall: FDA slams factory conditions

A scathing report released Tuesday by the Food and Drug Administration slammed conditions at the factory that produced the children's Tylenol, Motrin, Benadryl and other over-the-counter drugs that were recalled over the weekend.

The 17-page FDA inspection report conducted in late April detailed quality and security lapses at the Fort Washington, PA-based facility, which is owned by Johnson & Johnson's McNeil PPC drug manufacturing division. The agency said it is considering a wide range of actions including possible criminal penalties.