Televisions just not a Best Buy this Christmas

Televisions just not a Best Buy this Christmas

Best Buy Co.’s third-quarter net income fell more than expected as it lost sales of lower-priced TVs and laptops to competitors, and more expensive 3-D and Internet-connected TVs failed to catch on. Shares of the largest U.S. electronics chain fell nearly 15 percent Tuesday as the results raised fears over Best Buy’s holiday season. The […]

Mixed bag in jobs report

Mixed bag in jobs report

A wave of census layoffs cut the nation’s payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate fell to 9.5 percent, its lowest level in almost a year. Employers cut 125,000 jobs last month, the most since October, the Labor Department said […]

Americans lose confidence in health care

Americans lose confidence in health care

Americans are steadily losing confidence in their ability to get healthcare and pay for it, despite the passage of healthcare reform legislation, according to a survey published on Wednesday. The Thomson Reuters Consumer Healthcare Sentiment Index found that confidence lost three percentage points from a baseline of 100 in December to 97 in March. “Strikingly, […]