Technology services company Electronic Data Systems Corp. said Monday its second-quarter profit and sales grew, boosted by robust contract signings that included centers for Medicare and Medicaid services.

A minister arrested in an Internet sex sting has resigned his position at a Dallas-area megachurch, its pastor said Saturday.The Rev. Jack Graham, pastor of Prestonwood Baptist Church, said during services Saturday that the church accepted Joe Barron’s...

Department store retailer J.C. Penney says a pullback in consumer spending has cut its first-quarter profit in half, and predicts “difficult” conditions for the entire year.Plano, Texas-based J.C. Penney Co. says net income dropped to $120 million, or...

Eight months into his tenure as CEO of Electronic Data Systems Corp., Ronald Rittenmeyer is overseeing the sale of the company, something he says he never planned.”It just came together,” Rittenmeyer said Tuesday during an interview.The sale to...

Department store operator J.C. Penney said Friday its first-quarter earnings will be well below its previous forecast because of waning consumer demand. Its shares tumbled almost 12 percent and prices of other retailers also headed lower.The disclosure...

Department store operator J.C. Penney says it expects first-quarter earnings below its previous forecast as consumer demand wanes.The Plano, Texas-based company now anticipates first-quarter net income of about 50 cents per share, down from its prior...

Department store retailer J.C. Penney says its fourth-quarter profit fell 10 percent due to a shorter quarter.It also predicts 2008 earnings below Wall Street expectations, amid a weak consumer spending environment.Plano, Texas-based J.C. Penney Co. says...

Department store retailer J.C. Penney says its fourth-quarter profit fell 10 percent due to a shorter quarter.It also predicts 2008 earnings below Wall Street expectations, amid a weak consumer spending environment.Plano, Texas-based J.C. Penney Co. says...

A mother accused of twice throwing her toddler over a second-story railing for being “fussy” is schizophrenic and took the same anti-psychotic drug prescribed to another woman who cut off her baby’s arms, her attorneys said.The 22-month-old daughter...

J.C. Penney Co. said Thursday its third-quarter profit fell 9 percent, hurt by weak sales in September and October, and the department store operator slashed its fourth-quarter outlook.Its shares fell more than 5 percent in afternoon trading.Chairman and...