Yahoo gets makeover
SUNNYVALE, Calif. — Yahoo has refreshed its logo for the first time since shortly after the Internet company's founding 18 years ago. The new look unveiled late Wednesday is part of a makeover that Yahoo Inc. has been undergoing since the Sunnyvale, Calif., company hired Google executive Marissa Mayer to become Yahoo's CEO 14 months ago. Mayer has already spruced up Yahoo's front page, email and Flickr photo-sharing service, as well as engineered a series of acquisitions aimed at attracting more traffic on mobile devices.
U.S. productivity on the rise
WASHINGTON — U.S. workers were more productive from April through June than previously estimated, while labor costs were unchanged. Productivity grew at an annual rate of 2.3 percent in the April-June quarter, up from an initial estimate of 0.9 percent growth, the Labor Department said Thursday. Unit labor costs were flat in the second quarter, less than the 1.4 percent rise the government had initially estimated. The combination of stronger productivity and less of an increase in wages should provide assurances to the Federal Reserve that inflation is not a threat.
Chobani recalls yogurt
NEW YORK — Chobani says it's issuing a recall of some of its Greek yogurt cups that were affected by mold after some customers reported claims of illnesses. The move comes about a week after the company first started asking retailers to pull the products from shelves. Chobani had previously said it wasn't issuing a formal recall. But the Food and Drug Administration said Wednesday that it was in talks with the company about the matter. Chobani says that most the affected products have been pulled from shelves.
August sales down
NEW YORK — Americans' cautious spending on clothing extended into August, capping a weak back-to-school selling season for retailers. Several retailers including clothiers Cato Corp. and L Brands Inc. on Thursday posted disappointing revenue during the month, which falls in the middle of the second biggest shopping period of the year. The results raise questions about whether Americans will spend during the winter holidays in November and December.
Pilots return to airline
CHICAGO — United Airlines is recalling almost 600 pilots who had been on furlough. The airline said on Thursday that it needs the pilots to meet its future staffing needs. United has about 12,000 pilots. United and Continental merged in 2010. The pilots being recalled are from the United side of the business. The recall news comes just as United is almost ready to merge the two groups of pilots, now that they have a joint union contract and a combined seniority list, which was announced Wednesday.