The 7 percent unemployment rate accompanied a gain of 203,000 jobs
A Needham & Co. report estimates that most cable TV channels would vanish if consumers could—as they say they'd prefer—spend $30 monthly on 15 to 20 channels
Democrats have a lock on the dozen largest cities in the U.S.
It lets customers go off the grid when utilities charge their highest rates and provides a backup during outages
The settlement ends an eight-year legal fight waged by African American brokers
Jeff Bezos's plan to deliver packages via unmanned aerial drones is crazy—which means you shouldn't bet against him
After selling out 5,000 designer Starbucks cards in six minutes last year, Starbucks is offering a mere 1,000 of them at noon on Friday
Northwestern's Kellogg School of Management reclaims the top stop after a two-year absence
Immigrant entrepreneurs and companies with intellectual property are more likely to hire
By Businessweek.com staff
"Salsa has now passed ketchup as America's favorite condiment. Isn't that amazing? You know it's bad when even our vegetables are starting to lose their jobs to Mexico." When Jay Leno spoke these words in his nightly monologue on the Tonight Show in October 2006, it probably made a lot of late-night viewers sit up in bed. Ketchup is as American as cola and baseball, but as the nation has become increasingly weight-conscious and Hispanic culture more mainstream, in hindsight it makes sense. What might come as an even bigger surprise, though, is that sales of mayonnaise—in both total sales and units sold—dwarfs both salsa and ketchup. According to SymphonyIRI Group, a market research firm in Chicago, more than 396,376,100 units of mayo were sold in the 52 weeks to Sept. 5, 2010, generating more than $1.258 billion in sales, compared with 271,312,400 units of salsa for $764,299,900, or 256,891,700 units of ketchup for $481,278,800. That’s a lot of tuna salad.
Click here to see the 25 best-selling condiments in the U.S.