Breaking with its past practice, Wal-Mart Stores Inc. (NYSE: WMT) said today that it plans to hire about 50,000 seasonal workers and to boost hours for its regular employees during the 2012…
CIA World FactbookThe coalition government of India took a major hit today with the defection from its ranks of the Trinamool Congress party. The exit of the six Trinamool ministers will not…
Paul Ausick The new Apple Inc. (NASDAQ: AAPL) iPhone 5 brings in long customer lines in Asia. (Reuters) Apple’s map application receives poor reviews. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) says it will no…
In a move no doubt designed to stop supporting one of its main online rivals, Wal-Mart Stores Inc. (NYSE: WMT) will no longer sell the Kindle family of e-readers and tablets from…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The…
Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX) have been able…
CIA World FactbookThe government of India today approved two long-discussed moves to attract foreign direct investment (FDI) to the country. In the more important of the two actions, India has approved a…
Paul Ausick According to today’s report from the U.S. Census Bureau, retail and food services sales in August rose 0.9% month-over-month and 4.7% compared with August 2011. Economists had been expecting an increase of…
courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The company…
The Federal Reserve likely will release plans for a stimulus package after members meet today. (Reuters) EADS and BAE hold merger talks. (Reuters) Apple Inc.’s (NASDAQ: AAPL) iPhone 5 may have more…
What happened to the market as a whole today hardly mattered. The DJIA was up only 0.07% to 13,335. But, almost all of the news was focused on a handful of stocks. The Apple Inc.…
Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for August and the list is topped, once again, by the usual suspects.…
Coverage of the appearance of Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg at a conference run by tech news site TechCrunch was widespread. Zuckerberg said he was disappointed by the performance of Facebook stock…
