| Feb 3, 2014
| 3:00 PM
Shares in U.S. mobile operators fell sharply on Monday after a AT&T Inc price cut fueled fears from investors that market leader Verizon Wireless and other rivals would have to react. AT&T shares closed down 4 percent a day after the No. 2 U.S. mobile...
| Feb 26, 2014
| 7:33 AM
The holiday season was never going to be easy for Target Corp. as it tried to lift foot traffic and keep up with competitors’ discounts.
But it was the vast data breach at the Minneapolis retailer in the heat of Christmas shopping season that...
| Feb 20, 2014
| 7:57 AM
If Wal-Mart Stores Inc.'s fiscal fourth-quarter earnings were any indication, the economy could use some shaping up.
The Bentonville, Ark., giant, the largest retailer in the world, said its profit for the three-month period ended Jan. 31, plunged 21%...
| Jan 14, 2014
| 9:04 AM
Retailers taking on an army of seasonal workers in December helped push overall holiday hiring levels to a 14-year peak this year, according to a new report.
But the better-than-expected increase of 801,100 jobs over the final three months of the year...
| Jan 14, 2014
| 6:06 AM
NEW YORK -- JPMorgan Chase & Co.'s profit slipped 7% in the fourth quarter as the bank's legal costs mounted and investment banking slumped.
The nation's largest bank said Tuesday it earned $5.3 billion, or $1.30 a share, down from $5.7 billion, or $1....
| Dec 16, 2013
| 10:24 AM
The nation's largest airlines recorded a combined net profit of $3.2 billion in the July-through-September period, more than double the profits from the same period last year, according to the U.S. Department of Transportation.
And the industry's...
| Feb 11, 2014
| 12:33 PM
CVS Caremark Corp.'s shares climbed Tuesday after the drugstore chain raised its profit estimate for the first three months of the year and reassured investors that it could withstand its decision to stop selling tobacco products.
The nation's second-...
| Dec 12, 2013
| 7:28 AM
Lululemon Athletica Inc., the upscale yogawear purveyor that has recently courted controversy, reported third-quarter earnings that by all accounts exceeded Wall Street’s expectations.
It was the company’s forecast for its future that has...
| Nov 19, 2013
| 9:31 AM
It's a retailers' arms race for consumers' holiday dollars -- and Best Buy warned Tuesday that promotional discounts this season could hurt profitability.
As stores race this year to kick off Black Friday sales earlier and earlier, Best Buy plans to...
| Nov 13, 2013
| 11:00 AM
Macy’s Inc. is entering the Thanksgiving-to-Christmas shopping season with a new spring in its step, having handily beaten Wall Street expectations with a 31% surge in its fiscal third-quarter profit.
In the three-month period ended Nov. 2, the...
| Nov 25, 2013
| 8:08 AM
Swiss voters soundly rejected a plan Sunday that would have limited executive compensation to no more than 12 times the lowest-paid employees' pay.
The measure, known as the "1:12 initiative," was defeated 65.3% to 34.7% even amid wide public...