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Second Chicago supercenter draws political praise
Walmart opened its second supercenter in Chicago this week, and the only thing missing from the press release announcing the new store was a quote from President Obama praising the company as a job creator.
Instead, Walmart had to settle for some kind words from Chicago mayor and former Obama chief of staff Rohm Emanuel.
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Starbucks Q1 profit up 10%
Seattle -- Starbucks Corp. reported that its fiscal first-quarter profit rose 10% for the quarter ended Jan. 1, 2012. But the company issued a modest forecast for the year that was slightly below Wall Street expectation, citing ongoing struggles with higher costs for coffee beans, dairy products and other ingredients.