overseas growth

The New Top 10 Giants of American Industry

On Wednesday, in a shift that symbolizes a sea change in American business, Apple's market capitalization surpassed that of ExxonMobil, making the tech firm the world's most valuable company. Here's why it happened, and what the underlying changes mean for investors.

Refashioning Gap: CEO Sees Future in Outlets, Online

Gap might be undergoing an extreme makeover, but the chain is no longer the key growth engine of Gap Inc., CEO Glenn Murphy told investors Wednesday. The apparel giant is shifting its emphasis to its outlet businesses, newer divisions such as Piperlime and Athleta, and overseas growth.