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Best Buy Knuckles Under

The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses - at least in part. The retailer will close 15 of its large stores in...

Amazon Suffers Rare Service Outage

In the wake of its earnings report Tuesday, Amazon's share price went up. But this afternoon, Amazon has mostly been down -- not just the stock, but the e-commerce website's home page, which has intermittently been offline.

A Loss of Imagination at TIME Inc.

TIME Inc., the publishing arm of Time Warner Inc. (NYSE: TWX), announced it will cut 6% of its staff, as a sickening drop in print revenue has not...

Think Online Retailers Charge Us All the Same Price? Think Again

One of the best things about shopping online was how easy the Web made it to compare prices so you could be sure you were getting the best deals. Not anymore: Now, many companies are using your personal data to decide what prices to offer you for their products.

U.S. Stock Market Poised for Another Huge Drop

The bad news is that the stock market, as measured by the S&P 500, sits at 1,131, a low point it hasn't traded near consistently since late 2009. The worse news is that there's every reason to believe it will decline further to below 900, back to levels it hit around March 2009.

Can Best Buy's New Marketplace Poach Amazon's Sales?

Best Buy is taking its best shot at stealing some online market share from Amazon.com with a completely new service meant to challenge the world's largest e-commerce company. Best Buy Marketplace will substantially increase the number of products available at the Best Buy website.

Apple to Open Its
First Store in Alaska

It's a sign of just how far and wide demand for Apple products has grown: the consumer-electronics store is about to open a store in Anchorage, Alaska. The new retail outlet, along with another one in Murray, Utah, brings the total number of U.S. Apple stores to 240.

What Amazon CEO Jeff Bezos Is Obsessing About

Amazon (AMZN) boss Jeff Bezos doesn't take the usual approach to sales, technology or even competition. At this week's ShopSmart summit, he spoke with candor about his idiosyncratic strategies, growth opportunities, and how digital technology is still reshaping retailing.

Stocks Tumble on Egypt Crisis, GDP and Earnings

Stocks fell sharply Friday as investors fled to safety amid disappointing economic data, mixed corporate earnings reports and escalating violence in Egypt. A soft start for equities only got worse as the day progressed.