J.C. Penney surged after forecasting an increase in annual revenue and margin expansion, prompting CEO Mike Ullman to predict its turnaround will be completed this year.
Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks.
Credit Suisse blames a small number of employees after a U.S. Senate report said the Swiss lender helped clients hide as much as $10 billion from tax authorities.
GM has doubled to 1.6 million the number of small cars it is recalling to fix faulty ignition switches linked to multiple fatal crashes.
Stocks drifted lower on Tuesday thanks to middling economic news that held the market in check, but Tesla raced ahead and some big name retailers posted big gains.
BlackBerry plans to introduce a new tool for business customers, part of a drive by the one-time smartphone pioneer to focus on its profitable enterprise or services business.
The Supreme Court gave consumers a victory by allowing them to proceed with class-action lawsuits alleging the washing machines they bought suffered from mold or musty odors.
Men's Wearhouse is stepping up its pursuit of Jos. A. Bank Clothiers, boosting the takeover offer for its rival by 10 percent to about $1.78 billion.
Facebook CEO Mark Zuckerberg will take a victory lap at a mobile technology conference in Spain after beating out Google to acquire WhatsApp.
Fannie Mae posts net income of $6.5 billion in the fourth quarter, its eighth straight profitable quarter, and will repay its U.S. government bailout in full.
Walmart Stores reports a lower profit for the holiday quarter as comparable sales in the U.S. declined again.
Google is exploring a major expansion of its super-fast "Fiber" TV and Internet service, which could extend the nascent network to 34 more U.S. cities.
Brick-and-mortar retailers are starting to effectively compete against online-only competitors by leveraging the ubiquity of their stores to improve delivery times.
Taking a cue from Chipotle's "food with integrity" mantra, Subway and Chick-fil-A are moving to dump some unnatural and controversial ingredients.
Workers at Volkswagen's plant in Tennessee may have voted against joining the UAW last week but they may still gain representation through the formation of a works council.
Comcast and Time Warner Cable like to tout their planned merger as a marriage of equals, but consumers are expressing big doubts about whether they'll benefit.
Campbell Soup reported that its second-quarter profit and revenue came in above Wall Street expectations, helped by the later Thanksgiving.