Ford’s F-150 Loses Ground to GM and Chrysler
U.S. auto sales had a strong month in May, with all three of the Detroit automakers posting gains well ahead of analyst estimates. Most of the leading automakers saw substantial gains, but in the…
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Gas Prices Edge Up
Americans are paying more at the gas pump this week, with the national average price for regular gasoline clocking in at $3.690 per gallon Monday, up $0.016 from a week ago and $0.044 above…
How Steve Ballmer Can Justify His $2 Billion Bid for the LA Clippers
Last week Steve Ballmer, the former Microsoft CEO, bid $2 billion to buy the Los Angeles Clippers -- a price most experts consider way too high. Is this just a vanity purchase or is…
FTC Approves Men’s Wearhouse, Jos. A. Bank Merger
The merger between Men's Wearhouse and Jos. A. Bank, which was just approved by the Federal Trade Commission, will create the fourth-largest retailer of menswear.
Google’s Dirt Cheap Laptops Are Coming to Nine More Countries
Google’s Chromebooks, the inexpensive laptops powered by Google’s Chrome operating system, are coming to New Zealand, the Philippines, Norway, Denmark, Mexico, Chile, Belgium, Spain and Italy. In countries with developing economies, Chromebooks could prove…
Lockheed Martin Defeats Raytheon to Win $915 Million Air Force Space Fence Contract
Lockheed Martin won a $915 million contract from the Pentagon for work on the U.S. Air Force's Space Fence program. The defense company's mission will be to track 'space junk' orbiting the Earth, which…
Apple’s iOS 8 Will Let Family Members Share iTunes Purchases
Apple’s iTunes has become a family affair. On Monday, the tech giant announced a number of upcoming updates to its iOS operating system, iOS 8, including the ability to share iTunes purchases, as well…
Apple’s Latest Operating System Dramatically Improves Its Web Services
Apple unveiled the next iteration of its Mac operating system, OS X, at the 2014 World Wide Developers Conference. OS X Yosemite includes several major new features that make Apple’s desktop operating system better…
Abercrombie Revamps Its Hollister Brand; Will the Teen Shoppers Come Back?
Abercrombie and Fitch is making over its Hollister brand in an attempt to bring back the cool young shoppers it chased away. The retailer is ditching the dark nightclub feel in favor of a…
Zale Gets Hitched to Signet Jewelers
Signet Jewelers acquires Zales Corp. for $1.46 billion, despite some opposition from activist shareholders. With the merger, Signet's share of the jewelry market will now be three times larger than its nearest rival Tiffany.
How Pelé Is Making the Most of Brazil’s World Cup
The 2014 World Cup and the 2016 Olympics are both in Brazil and Pelé , the country's greatest soccer star of all time, is ready to take advantage. The retired athlete has inked sponsorship…
What the LPGA-PGA of America Partnership Could Mean for Women’s Golf
The recent partnership between the LPGA (Ladies Professional Golf Association) and the PGA (Professional Golfers' Association) of America may help boost the popularity of women's golf.
McDonald’s Looks to Flip Its Stores for Growth
McDonald's announced plans to refranchise at least 1,500 restaurants, following a growing trend in the industry. Other fast-food restaurants that have recently sold company-owned stores back to franchisees include Applebees, Taco Bell, Wendy's and…
Non-Defense-Company Winners of Pentagon Contracts
Many of the contracts awarded by the Department of Defense on Friday went to companies less commonly associated with the military. Among these non-traditional winners were Great Lakes Dredge & Dock, Timken, Verizon, and…
Northrop Grumman Wins Three Defense Contracts
Northrop Grumman wins $44 million in contracts from the Department of Defense, including projects for the U.S. Army and U.S. Navy in Afghanistan, Bahrain, and Kuwait.
Pinnacle Foods in a Pickle Over Buyout Offer
The food fight has begun. Just two weeks ago, Hillshire Farms offered to buy Pinnacle Foods for $6.6 billion, sending shares of the owner of Duncan Hines Cake Mix and Birds Eye Frozen Vegetables…
USA Network Looking for More Blue-Sky ‘Satisfaction’ With Summer Shows
USA Network, cable television's leading provider of original shows, has the formula for summer programming down. They call it their 'blue-sky' model and the network is bringing back it's proven blue-sky successes like Suits,…
Could ‘Halt and Catch Fire’ Be AMC’s Next ‘Mad Men’?
Mad Men is ending, Breaking Bad is done -- AMC needs its new show 'Halt and Catch Fire' to catch on like wildfire. Set in Texas during the 1980s tech boom, the show, which…
Can Seth MacFarlane Duplicate ‘Ted’ Success With ‘A Million Ways to Die in the West’?
'A Million Ways to Die in the West,' starring and directed by Family Guy's Seth MacFarlane opens this weekend. Will it be as successful as his first movie 'Ted,' which starred Mark Wahlberg?
Why Is the MLB Draft Less Hyped Than Its NFL Counterpart?
The 2014 MLB Draft is next week, and unlike the NFL Draft, there’s no 24-hour media coverage, ever-changing mock drafts, or babbling analysts. Why?