Business News

Schering-Plough Corp. is recalling batches of its best-selling allergy drug Claritin from stores and wholesalers because a decongestant ingredient does not dissolve fast enough, but says patients with the drug do not need to return it.

CNN said Tuesday that Sid Bedingfield, general manager of CNN/US, has been promoted to executive editor of CNN News Group and will become the deputy to Walter Isaacson, CNN's chairman and chief executive.

Garry Niemeyer has his eye on a new market for the corn and soybeans he grows on his Illinois farm -- a hungry country not much farther away than a barge ride down the Mississippi River.

As expected, struggling cosmetics giant Revlon Inc. named former Coca-Cola Co. executive Jack Stahl as its president and chief executive.

Sabre Holdings Corp. said Tuesday it would offer $34.5 million for the shares leading travel Web site Travelocity.com that it doesn't already own.

Guilford Mills Inc. remained quiet Tuesday about its future as a deadline to refinance $275 million in debt passed last week for the embattled textile company.

Fabric maker Galey And Lord filed for Chapter Eleven bankruptcy reorganization Tuesday, a move the company said would not affect its operations.

Amazon.com announced Tuesday it will begin auctioning three of the hotly anticipated speedy scooters marking the first time they'll be available to the public.

Economic recovery will take a while to arrive, despite seemingly positive numbers in January and February, according to Georgia State's Dr. Rajeev Dhawan.

Wal-Mart Stores Inc. reported a 9.5 percent rise in earnings for its fourth fiscal quarter, matching Wall Street expectations.