Professional golfer Phil Mickelson is being sued by the US Securities and Exchange Commission (SEC) over claims he profited from an insider trading scheme.

Penneys-owner Associated British Foods is set for a big jump in full-year earnings as shoppers snapped up bargains at its discount fashion chain and shrugged off the distractions of the Olympic Games and depressed economic growth in western Europe.

A TOWN linked to one of our favourite cheeses was all smiles yesterday as its once-famous festival was revived after a 21-year absence.

Ice cream giant Ben & Jerry’s is under fire from an animal welfare group for buying eggs from a company the Humane Society of the US says mistreats chickens.