courtesy of Wal-Mart Stores Inc.Two Democratic members of Congress, Henry Waxman and Elijah Cummings, said today that they have written a letter to Michael Duke, CEO of Wal-Mart Stores Inc. (NYSE: WMT)…
Paul Ausick Vice President Joe Biden has been given with the task of reaching some form of aggressive gun control after the Newtown massacre. President Obama put him in charge of the effort as this…
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St.…
ThinkstockTarget Corp. (NYSE: TGT) is taking its price matching a step further. Rather than just price matching during the holidays, Target will honor this year round. Target identified its list of competitors…
ThinkstockThe man who created Sears Holdings Corp. (NASDAQ: SHLD) in 2005, largely through the combination of Sears and Kmart, and then ruined the new public company, will take over as CEO of…
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsResearch firm comScore reports that e-commerce sales for the November-December holiday season rose only 14% to $42.3 billion. That growth was weak, and the number modest…
courtesy of NetflixTim Geithner’s departure from Treasury will deprive President Obama of his longest serving financial adviser. (Reuters) Google Inc. (NASDAQ: GOOG) settles antitrust charges by the United States with very little…
ThinkstockRetailers do not appear to be headed for uniformly upbeat sales increases in December. Research firm Retail Metrics has dropped its forecast for a same-store sales increase by another 10 basis points…
As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology.…
ThinkstockNegotiations have failed between the International Longshoremen’s Association and the U.S. Maritime Alliance, raising the threat of a longshoreman’s strike against U.S. ports on East and Gulf Coasts. The Alliance represents container…
courtesy Best Buy Co. Inc.Some of the news about holiday sales at deeply troubled retailers Best Buy Co. Inc. (NYSE: BBY) and J.C. Penney Co. Inc. (NYSE: JCP) has been better than…
courtesy of Facebook Inc.The yen reaches a two-year low on worries about the Japanese economy and hopes of a budget resolution by Congress. (Reuters) Tim Cook, CEO of Apple (NASDAQ: AAPL), takes…
ThinkstockAs a larger and larger portion of retail sales in the U.S. move online, customer service has become essential to e-commerce businesses that want to attract shoppers and keep them. E-commerce also has…
courtesy of Groupon Inc.A number of large public company CEOs have come under fire in the past year because of the extremely poor financial results of the public corporations they run. Some,…
courtesy of Wal-Mart Stores Inc.What happened to bricks-and-mortar and e-commerce sales this holiday season? If Wall St.’s opinion has validity, online operations did well and old-school stores did not. The price of Wal-Mart…
