People & Business in the news

by The City Wire staff -

Texas hearing aid group sues Wal-Mart

Members of the Texas Hearing Aid Association have filed a federal class-action lawsuit against Wal-Mart Stores Inc. based on claims that the world's largest retailer sells hearing aids without the…

by The City Wire staff -

USPS tweaks service to gain footing

The U.S. Postal Service announced several changes to its “Priority Mail” service, offering free insurance and tracking, and day-specific delivery of packages. Postmaster General Patrick Donahoe said he expects the…

by The City Wire staff -

Heinz to shed 600 office jobs

The H.J. Heinz Co. announced it will eliminate 600 office positions as it transitions to a private company. These cuts have been initiated after an investment consortium comprised of Berkshire…

by The City Wire staff -

Washington Regional renews accreditation

Washington Regional Medical Center again recently achieved full accreditation as a “Chest Pain Center with PCI” (percutaneous coronary intervention).   The hospital first earned the PCI accreditation in 2010, which…

by The City Wire staff -

Retailer imports expected to rise

Following negative numbers in four of the last five months, import volume at the nation’s major retail container ports is expected to grow 1.7% in August, over last year, according…

by The City Wire staff -

Ackman off the J.C. Penney board

Outspoken board member and J.C. Penney investor Bill Ackman called it quits on Tuesday, (Aug. 13), as he suddenly resigned from the board. Ackman released this statement: "At this time,…

by The City Wire staff -

Fall feeder cattle prices rise

Feeder cattle prices have risen about $20 per hundredweight since late May, according to Derrell S. Peel, analyst with Oklahoma State University. He said after being on the defensive during…

by The City Wire staff -

Pinnacle Foods acquires Wish-Bone brand

Pinnacle Foods said it will pay $580 million for the Wish-Bone salad dressings business from Uniever. “The acquisition of Wish-Bone is a perfect fit with our successful strategy of ‘Reinvigorating…