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The retail recovery may be slowly getting back on track, with major store chains expected to post a mild uptick in September sales numbers. Investors will be watching closely for signs of what to expect for the holiday season.
CNN has cut ties with the Associated Press, a wire service that has been a backbone of American news media for more than a century. The move exemplifies how the news industry and its traditional business models are changing in the ever-accelerating information age.
Bear funds, which are pessimistic mutual funds, have delivered the highest total returns since the market rally ended in late April. But make no mistake: They are risky. And some are built around scary doomsday scenarios.
The final numbers are in, and strong online sales, picky late shoppers and targeted discounting helped lift December retail sales above last year's totals -- but it won't be enough to put 2009 in the plus column. January's clearance sales won't be much help either; they will be shorter and more thinly stocked this year.
It looks like Cyber Monday wasn't all hype, but Black Friday wasn't strong enough to lift retailers into a successful November. The monthly retail figures are out, and of 30 major national retailers followed by Thomson Reuters (TRIN), only five beat their expected sales targets for the month. Most...
Ever since Rupert Murdoch took over The Wall Street Journal, he's been remaking it as more of a general-interest read with ample political coverage and extras like a sports page and a pop-culture blog. But where does that leave all the in-depth industry news and analysis? In fact, soon there will...
As if beating expectations by posting a 5.1 percent growth in same-store sales wasn't enough, Wal-Mart (WMT) also announced yesterday that it's increasing its annual dividend by 15 percent, to $1.09 a share. That helped boost the world's largest retailer's shares, which rose 2.6 percent on a day...
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