courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6%…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
ThinkstockIn 2011, men working full-time earned a median of $48,765. Women earned just $38,373. That difference of more than $10,000 only tells part of the story of the continuing gender wage gap…
Mike Sauter thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
starwars.comThe Force is Back! The Walt Disney Company (NYSE: DIS) has undoubtedly scored a major victory with its $4.05 billion acquisition of Lucasfilm. Star Wars fans will get to rejoice as the…
Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season. The…
ThinkstockSuperValu Inc. (NYSE: SVU) was up nearly 20% last week, largely on buyout speculation. Buyout firm Cerberus Capital Management is the likely frontrunner to take over the third-largest U.S. supermarket chain. SuperValu…
thinkstockA fight has broken out among the CEOs of companies that make tablets, primarily Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG) and Samsung. (Reuters) Apple’s disappointing numbers are based mostly on…
Best Buy Co. Inc. (NYSE: BBY) should have hoped founder Richard Shulze might have bought the firm as he considered its financial status. Now, it may be too late. Best Buy offered…
Wal-Mart Stores Inc. (NYSE: WMT) has entered another battle with some of its employees. The company has a history of complaints and lawsuits in a range of issues from discrimination against women…
Trey Thoelcke Employees Battle Walmart Wal-Mart Stores Inc. (NYSE: WMT) has entered another battle with some of its employees. The company has a history of complaints and lawsuits in a range of issues from…
China bashing by U.S. politicians is not akin to warships on alert and bitter arguments over the fate of the relatively small Senkaku Islands, to which China and Japan each lay claim.…
The European Union summit helps to lower bond yields for Spain and Italy. (Reuters) Google Inc.’s (NASDAQ: GOOG) shares drop badly after releases earnings early and it misses numbers. (Reuters) Microsoft Corp.…
In its latest attempt to win over customers during the crucial holiday season, Toys“R”Us announced today that it will extend its free layaway plan until Dec. 16. The toy company has offered…
