Business

Business

Economic Development Corp.'s director exiting at June's end

CHAMPAIGN — After nearly 30 years in economic development, Craig Rost is stepping down at the end of June from his post as executive director of the Champaign County Economic Development Corp.

Though he wouldn't call it retiring.

Google's Chrome browser targeting ads it deems annoying

SAN FRANCISCO — Google will begin using its Chrome browser today to reshape the web by eradicating ads it deems annoying or otherwise detrimental to users. It just so happens that many of Google's own most lucrative ads will pretty much sail through its new filters.

Lexus tops dependability study for 7th straight year

DETROIT (AP) — Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power's annual survey.

Porsche, Buick, Infiniti and Kia round out the top five brands in the survey. The worst performers were Chrysler, Land Rover, Fiat, Jeep and Cadillac.

Rise in core consumer prices stokes inflation fears

WASHINGTON (AP) — U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3 percent last month. That was the biggest climb in a year and has intensified inflation fears in financial markets.

Sam's Club to offer free shipping for premium members

NEW YORK (AP) — Sam's Club is offering free shipping for premium members and simplifying its membership tiers.

Starting Wednesday, the Walmart-owned warehouse club will give free shipping on online orders for Plus members on 95 percent of the items it sells. Most shipping costs previously were based on the item's size and weight, the shipping method and the delivery address.

Retail sales suffer broad declines in January

WASHINGTON (AP) — Americans cut back on purchases of cars, furniture and a variety of other products in January, pushing retail sales down by 0.3 percent, the biggest decline in 11 months.

The January decline, following no change in December, was the largest setback since a 0.5 percent fall in February of last year, the Commerce Department reported Wednesday.

Fast-food restaurants looking to lure in valentines

NEW YORK (AP) — Is that love in the air or French fries? White Castle, KFC and other fast-food restaurants are trying to lure sweethearts for Valentine's Day.

Mattel doubles down on Uno with new card game called Dos

NEW YORK (AP) — What's next for Uno? Dos, of course.

Mattel is launching the new card game Dos next month in hopes of giving its nearly 50-year-old Uno brand a second life. Dos has similar rules as Uno, except players make two piles of cards and can throw down two cards at a time instead of one.

Amerisource shares jump on Walgreens buyout report

NEW YORK (AP) — Shares of AmerisourceBergen soared Tuesday on reports that Walgreens is pursuing a complete takeover of the huge drug distributor.

The Wall Street Journal reported late Monday that Walgreens Boots Alliance Inc. reached out to AmerisourceBergen Corp. about a potential deal several weeks ago. The paper, citing anonymous sources, said no offer is on the table.

PepsiCo posts flat sales, cuts jobs, issues bonuses

NEW YORK (AP) — PepsiCo reported flat revenue for the last few months of 2017, and said that it will cut some jobs while giving others bonuses of up to $1,000.

The layoffs, which will affect its corporate employees, amounts to less than 1 percent of its more than 110,000 employees, the company said Tuesday.