ThinkstockThe U.S. economy is still sluggish and the consumer remains cautious. Yet between Saturday, December 21, and Wednesday, January 1, almost a third of Americans plan to hit the road, according to AAA. That…
ThinkstockInternational Business Machines Corp. (NYSE: IBM) has said in a statement that it will vigorously fight the lawsuit filed in the U.S. District Court in Manhattan by shareholder Louisiana Sheriffs’ Pension and Relief Fund over its alleged…
ThinkstockLess than two months after scrap-metal executive Daniel Dienst was tapped to be the new chief executive officer at Martha Stewart Living Omnimedia Inc. (NYSE: MSO), the axe has come down for about 100…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) share of the Chinese smartphone market rose to 12% in October, according to technology market research firm Counterpoint. That was a leap from its 3% share in…
ThinkstockApp tracker App Annie reports that consumers in Japan spent about 10% more than U.S. consumers did on all apps for smartphones and tablets in October. Japan has become the world’s number one country…
ThinkstockThe board of directors at Abercrombie & Fitch (NYSE: ANF) has decided to extend the contract of CEO Michael Jeffries, and activist investor Engaged Capital LLC could not be more displeased. The fund had…
ThinkstockWhat could unite the world’s leading technology giants, including Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Microsoft Corp. (NASDAQ: MSFT), Facebook Inc. (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO)? Turns out it is…
courtesy of Starbucks Corp.Got a coffee lover on your holiday gift list? Then Starbucks Corp. (NASDAQ: SBUX) has you covered. For Cyber Week 2013, that is through December 6, Starbucks has a buy one…
ThinkstockProtests and strikes by fast-food workers are expected to spread to 100 U.S. cities Thursday. This comes a little more than a year after a strike in New York, when 200 workers walked off…
ThinkstockAs if there weren’t enough reminders for Internet users to frequently change their passwords, this week came news that more than 2 million accounts on some of the most popular social media sites have…
courtesy of Google Inc.If you are going to fill the world with the next generation of robots, as the New York Times suggests Google Inc. (NASDAQ: GOOG) is preparing to do, who better to…
ThinkstockThough Newsweek ceased being a printed publication last year, Editor in Chief Jim Impoco said Tuesday in an interview that the magazine plans to resume weekly publication as early as January 2014. But readers…
London-based mining giant Rio Tinto said Tuesday that it plans slash its capital expenditure budget from around $14 billion this year to $11 billion in 2014 and $8 billion in 2015.
ThinkstockGlobal financial information services company Markit has released final November Purchasing Managers’ Index (PMI) data. Overall, growth in economic activity was modest, aside from declines seen in France, Spain and Russia. The HSBC China…
ThinkstockBurger King Worldwide Inc. (NYSE: BKW) announced Tuesday that it has inked a deal with restaurant operator Groupe Olivier Bertrand to further expand into France. Financial terms were not disclosed, nor did it say…
ThinkstockSpeculation has run hot that Swiss drugmaker Novartis A.G. (NYSE: NVS) would announced further restructuring at its investor day in London. Instead, on Friday the company announced a $5 billion share buyback program and…
courtesy of Google Inc.Tech giant Google Inc. (NASDAQ: GOOG) has announced the launch of the Google Wallet Card, a prepaid debit card. The new card will allow users to make purchases in stores or…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) shares ended Tuesday with a 3.7% bounce after CEO Elon Musk announced three steps the company would take to address issues related to three fires in…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) CEO Elon Musk announced Tuesday actions the company will take in the wake of three highly publicized car fires in Model S vehicles. These include changing…
ThinkstockAs usual, the writers at Barron’s have made some suggests in this weekend’s edition for stocks to buy and stocks to avoid. Among the new picks are a chainsaw maker, a leading private equity…