Inspections of garment factories in Bangladesh that are part of a new safety initiative have found a variety of issues including cracked support beams and electrical cables chewed through by rats.
The Associated Press -
The U.S. Drug Enforcement Administration and the California Board of Pharmacy claim that four CVS pharmacies lost some 37,000 pills. The drugstore chain could be looking at fines totaling $29 million for failing to keep track of the drugs, which authorities believe may have been sold on the black market.
Los Angeles Times/Fox 40 -
The weather is being blamed for recent increases in produce and meat prices.
The Columbus Dispatch -
The fast food operator saw comp-store sales fall 1.4 percent last month. McDonald's is blaming the weather and changing consumer habits on its disappointing results.
The Associated Press/USA Today -
The private equity firm Vintage Capital Management is engaged in a hostile takeover fight with the rent-to-own retailer.
Bloomberg News -
Brendan Hoffman, who became CEO of Bon-Ton Stores in 2012 after serving in the same role at Lord & Taylor, will step down from the job next year. Mr. Hoffman cited personal reasons for his decision to leave the department store operator.
Milwaukee Journal Sentinel -
Apple is asking record companies to provide exclusive releases as on-demand music cuts into the download market.
Los Angeles Times (tiered sub.) -
Epic! offers a digital library of 2,000 titles to kids for $9.99 a month. Kids can unlock achievements as they progress through books.