| Jul 31, 2014
| 11:05 AM
Target Corp. on Thursday named Brian Cornell, a senior executive at PepsiCo Inc., to be its new chief executive, becoming the first outsider to lead the nation's fourth-largest retailer.
Cornell, 55, will also become the chairman of the Minneapolis-based...
| Jul 28, 2014
| 4:23 PM
An $8.5 billion merger creating North America's biggest dollar store chain could mean increased competition for mass discounters such as Wal-Mart Stores Inc. but less choice for shoppers.
In the Baltimore area and elsewhere, retail experts said, Dollar...
| Aug 5, 2014
| 6:50 AM
Target Corp cut its second-quarter earnings estimate due to a significant rise in costs related to a data breach last year and higher promotions and discounts to lure customers in North America.
The third-largest U.S. retailer also warned of weak sales...
| Aug 3, 2014
| 3:31 PM
McDonald's Corp CEO Don Thompson sure could use a break.
The head of the world's biggest restaurant chain, who for much of his two years at the helm has been battling to spark sales growth in the United States and Europe, got battered by headline-...
| Jul 1, 2014
| 5:00 AM
It was a slow grind, but U.S. stocks posted gains in the second quarter and first half, extending the bull run into a sixth year.
In a surprise, investors also were rewarded for sticking with bonds, as interest rates resumed their decline after...
| Jun 9, 2014
| 5:01 AM
Actor-comedian Tracy Morgan is in critical condition in hospital but was more responsive a day after he was badly hurt in a deadly New Jersey highway crash, his spokesman said on Sunday.
Morgan, who gained fame as a member of the "Saturday Night Live"...
| May 9, 2014
| 2:41 PM
President Obama spotlighted Wal-Mart Stores Inc. on Friday as part of a clean energy initiative.
Obama, who spoke at a Wal-Mart in Mountain View, Calif., announced executive actions intended to increase energy efficiency in buildings and vehicles. He...
| May 14, 2014
| 2:31 PM
Chcicago-based Sears Holdings Corp said on Wednesday it was looking at selling its 51 percent stake in Sears Canada Inc, a move that could trigger a deal for the entire Canadian operation, though a quick and easy sale was seen as unlikely. Sears Holdings,...
| May 16, 2014
Wal-Mart warehouses: In the May 15 Business section, an article about wage disputes at Riverside County warehouses serving Wal-Mart Stores Inc. said that the Warehouse Worker Resource Center filed a lawsuit to recover back pay. The center aided the...
| May 14, 2014
| 6:30 PM
Workers at a Riverside County warehouse and distribution complex for Wal-Mart Stores Inc. agreed to settle a long-running battle over wage issues by accepting $21 million in unpaid wages, interest and penalties.
The proposed settlement of a lawsuit with...
| Jun 8, 2014
| 11:47 AM
The truck driver charged in the New Jersey Turnpike car wreck that killed one person and critically injured three others, including actor Tracy Morgan, has turned himself in, police said Sunday.
Kevin Roper, 35, surrendered Saturday night and was...