Here's how the start of the holiday shopping season is playing out.
Here's how the start of the holiday shopping season is playing out.
After more than three years of declining sales, the video game industry is counting on November to breathe new life into the fading console business.
From high-end apparel retailer lululemon athletica making a down-market move to Netflix adding to its ever-growing library, here are the wonders and blunders of the week.
From Walmart moving forward on marriage equality to Burger King introducing an odd sandwich, here are some of the best and worst moves in the business world this week.
From Microsoft having to rebrand its cloud service to KFC trying to fly up-market, here's a rundown of this week's best and worst results from the business world.
With Apple, Ford, Nintendo, Zynga and Amazon getting ready to report, let's go over a few of the items that will help shape the week that lies ahead on Wall Street.
Next week, Sony will unveil the PlayStation 4, and it's not just Sony that needs it to be a hit. After a soft sales start for Nintendo's Wii U, and Microsoft's risky plan for the Xbox 720, the whole gaming world should be rooting for the PS4.
This week's top business tidbits include a Sodastream cashing in on its banned Super Bowl ad, and a misguided analyst's too-clever case for upgrading a Best Buy. Also, bad news for Nintendo and VMWare, and good news in real estate.
U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. Market-watchers expect the quarter's results could include many surprises because of events like Superstorm Sandy, the presidential election, and the narrowly avoided "fiscal cliff."
Internet radio giant Pandora and giant discounter Big Lots report their earnings; in entertainment, Disney is opening a huge new expansion, while Nintendo is thinking small; and some companies just can give money away fast enough -- as dividends.
Nintendo has sold 400,000 Wii U consoles since the system's Nov. 18 launch, plus another 300,000 original Wii units last week. But Microsoft is still the gaming king: Its Xbox 360 outsold both systems combined, moving 750,000 consoles during the Black Friday holiday weekend.
Buying a new Nintendo Wii U gaming system hasn't been that hard. Getting it to work properly once you own it ... that's been another story. In a rush to get the Wii U out in time for the holiday shopping season, Nintendo shipped it with an issue that's causing big headaches.
The tired video game industry needs a spark -- and it may get it with this week's release of the next installment of the record-setting Call of Duty franchise.
Gaming companies have been trying for years to make their products more than just consoles, but the center of the living room, combining gaming, TV, and other media options. Could Nintendo's Wii U system, with its Wii TVii, be the one that finally succeeds?
Ahead of the E3 conference, Nintendo has unveiled a new controller that it hopes will revolutionize the way video games are played: the Wii U GamePad, with both traditional controls and a touchscreen. Can it revive Nintendo's fortunes?
In his youth, Apple's Steve Jobs drew inspiration from Sony, a company that dominated the consumer electronics game. But now that Apple is the new Sony, where does that leave Sony?
Folks aren't buying video games the way they used to -- and that's a problem for the industry. But if the big players are willing to consider some outrageous strategies, they can buy themselves some bonus lives.
There's never a dull moment on Wall Street, especially now that the market's climbing as nicely as Jeremy Lin's stock over the past two weeks. Let's go over some of the items that will help shape the week that lies ahead.
The holiday shopping season is looking pretty bleak for retailers. Best Buy recently announced that it plans to hire fewer holiday workers than it did last year, and now new data from the consumer research group NPD suggests that Best Buy won't be the only chain stuck in a holiday sales rut.
Consumers can expect a holiday shopping season heavy on promotional offers as stores offer sweet bargains on all manner of products amid a still-sluggish economy -- good news for buyers of tablet computers, smartphones and video games, all predicted to be big gift items this year.
Next week is going to be as eventful as ever on Wall Street. Watch for angry activist investors, gaming unveilings, and big brands being humbled by the numbers they have to report. Here are some of the items that will help shape the week.
Once upon a time, Nintendo was king of the video game consoles, but that day is long gone. Shares of Nintendo hit a five-year low this summer, wiping away any gains from the Wii era, and it took a steep operating loss to boot last quarter. Here's why there are no bonus lives in its future.
Wall St. was at it again last week, providing massive fodder for second-guessers and armchair CEOs. In this installment, we review trouble for non-Apple tablets, a get-rich-quick scheme from ailing Beazer Homes, bad numbers from Quepasa.com, and a shakeup at WalMart.com.
It sometimes seems like everything that's fun is also a potential threat to your health, so it's hardly surprising that 3-D movies, games and TVs have drawn fire from critics who worry that they could cause long-term eye damage. But eye care professionals say that the reverse may be true.
Nintendo is making a major push to clear out its Wii inventory as it gears up to unveil its successor to the gaming system next month. The company will cut prices on the Wii video game console by 25% to $149.99, and bundle four of its more popular games as a $19.99 set.
Under pressure to respond to competitors offering souped-up features for their video game systems, Nintendo announced Monday that it will offer a sneak peak of the Wii's successor in June. But while consumers may love the shiny new system, the real question is how much it will cost.
A research firm that tracks video game sales reported that March hardware sales rose, but software sales plunged again. NPD claims that 23% of software sales in 2010 came from apps, but the industry isn't sure that its lagging sales figures can be entirely blamed on apps like "Angry Birds."
Asian markets closed lower Wednesday as investors focused on rapidly rising oil prices, which broke the $100-per-barrel mark in response to growing tensions in the Middle East. In Japan the Nikkei 225 Index slid 2.4%, Hong Kong's Hang Seng Index fell 1.5%, and China's Shanghai Composite Index edged down 0.2%.
In Hong Kong HSBC shares rose 1.5% before the company's announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% and in Japan the Nikkei 225 Index added 0.9%.
There are warning signs that Hong Kong property prices have hit their peak, and today real estate firms dragged the Hang Seng index lower. Despite the drum beats of the lion dancers specially booked to celebrate Chinese New Year and "guaranteed" to bring prosperity to every business they visit, this year may prove a tough one for Hong Kong developers.