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It's hard to complain too much about how Japan "stole" the high-tech electronics business from the U.S. More accurately, they took a low-margin business off our hands. And you know what we should be saying to that? Good riddance!
J.C. Penney's new CEO plans to remake the tired old department store chain a la the Apple Store and Target, and his fresh ideas are earning him applause. But as investors and industry watchers cheer Ron Johnson's turnaround concepts, they're ignoring some big potholes on the road ahead.
An online giant sees its margins contract as it replaces physical delivery with digital delivery. Revenue's growing. Profitability's shrinking. It may even post an operating loss during the next quarter. Not many months ago, this was Netflix. Now, it's Amazon.com.
The Patriots and Giants will interrupt the entertainment to run some football plays, but everyone knows the Super Bowl is all about the commercials, and at $3.5 million for 30 seconds, sponsors must think they'll get their money's worth. But will their shareholders feel the same way?
New CEO Ron Johnson's plan to revamp J.C. Penney is seriously ambitious. No more coupons, almost no more sales, and a complete rethink of the department store model. So why does he think he can pull it off -- and with a chain that has lagged its rivals? Because maybe he can. Here's why:
Detroit's Big Three are in hiring mode again, and Japanese automakers are building cars in the U.S. to export to Asia. And they aren't the only ones ramping up U.S. production. Is America at the beginning of a new industrial age? The answer lies in China.
There's never a dull moment on Wall Street, especially now that 2012 is rolling into its first earnings season. Let's go over some of the items that will help shape this week, among them: railroad stocks, Apple, Netflix, the maker of infant formula Enfamil, Starbucks and McDonald's.
Tablets and e-readers were a popular gift over the holidays, so much so that the number of people who own them nearly doubled between mid-December and January, a new study finds. A report from the Pew Internet and American Life Project set to be released Monday found that 29 percent of Americans owned at least one tablet or e-reader as of the beginning of this month. That's up from 18 percent who said the same in December.
Retailers are spicing up their brick-and-mortar stores to keep you walking through the door. Their game plan? To design environments that are equal parts high-tech and homespun. But will the changes be enough to keep physical stores from being reduced to showrooms for e-commerce sites?
Tech giant Apple revealed its new digital textbook initiative on Thursday, joining with major publishers on a quest to replace heavy stacks of schoolbooks with iPads. There will obviously be resistance. Here are three reasons Apple's move will succeed in spite of it.
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