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5 Winners and Losers of the Week in Business

From a surprisingly strong report from Macy's to Starbucks paying a super-Venti price for breaking a contract, here are the week's best and worst moves in the business world.

America's 10 Biggest Advertisers

Ad Age is out with its list of the 25 biggest advertisers in the United States. Here are the top 10 big spenders, and what all those advertising dollars do for their brands.

Martha Stewart Denies Wrongdoing in J.C. Penney Deal

Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country, despite a preexisting contract to sell some items exclusively at Macy's.

The Best (Not-MLK) Sales This Weekend

Retailers tend to shy away from running big promotions associated with Martin Luther King, Jr. Day. But it's still a long weekend, and people like to use their day off to shop. Here are a few of the weekend's best deals.

U.S. Retail Sales Rose 0.5 Percent in December

U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.

Big Retailers Fined for Pushing Phony Bamboo Fabrics

Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.

Despite Strong December Sales, a Mixed Holiday Season for Retail

The retail industry is reporting some much-needed good news in the form of stronger-than-expected December sales figures. But those numbers seem to have come as a result of desperate last-minute discounting, suggesting reduced profit margins and an increasingly hard-to-please American shopper.

$19,000 Worth of Macy's Watches Stolen in 13 Seconds

A Macy's in Texas was the site of a shocking crime several weeks ago, when three man walked into the Macy's at Firewheel Town Center in Garland. They grabbed displays of watches on the counter breaking the chains and taking off -- with 80 pieces off merchandise.

J.C. Penney New Shops Shine, Rest of Store Sales Tough

J.C. Penney's new shops within stores are doing much better than other parts of its department stores, but it is "way too early to draw conclusions" as the retailer is still rolling out the strategy, Chief Executive Ron Johnson said.