COMPANIES

Macy's announced that its Herald Square flagship store in New York City will be getting a facelift. A major facelift, in fact; one that will take four years to complete.

The business mogul and his wife are among Scotland's wealthiest couples

DirecTV's net income boomed in the third quarter after adding on a significant number of subscribers in both Latin America and the United States.

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.

Steel Authority of India (SAIL), the country's largest domestic steel producer, blamed a halving of quarterly profit on rising costs and a strong dollar on Thursday.

Canada's largest telecom company, posted a 41 percent jump in third-quarter profit, helped by its acquisition of CTV, Canada's premier media company.

India has the highest percentage share of family businesses in Asia, accounting for 67 percent of total listed companies with market capitalisation of more than $50 million.

NYSE Euronext , which wants regulatory support for its planned $9 billion merger with Deutsche Boerse , cited strong trading and technology sales for a 54 percent hike in quarterly profit to $186 million.

Ranchers and Farmers are feeling the pinch. More than 50 percent of cotton crops failed due to drought, and the worst might be yet to come.

France's biggest listed bank BNP Paribas reported a 71.6 percent slide in third-quarter earnings on Thursday after it booked a bigger-than-expected 2 billion-euro ($2.76 billion) charge on Greek debt and sold billions of euros' worth of eurozone government bonds.

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.

Shares in LG Electronics plunged early Thursday amid market talk the world's No.3 handset maker was planning a rights offer worth some 1 trillion won ($891.4 million).

Black Friday may not be until Nov. 25, but Amazon, Walmart and computer store Newegg promise a Black November with deals and pre-order discounts throughout the month. View our list of the best deals so far, and remember that most items (like those that change every 6-8 hours on Amazon.com) will sell out fast!

Erin Holdsworth, the 28-year-old woman recently arrested for driving drunk and leading Ohio police on a 120 mph wild chase while wearing only a G-string, fishnet stockings and stiletto heels, hid inside a car instead of appearing in court on Wednesday.

Despite a tumultuous several months for News Corporation, the company's financial picture for the first quarter beat analyst estimates.

When Syms Corporation sought to buy the struggling Filene's Basement in 2009, it partnered with an engimatic building owner that is no stranger to troubled retail: Vornado Realty Trust.

When Dolby Laboratories want to show off the latest and greatest in sound and visual technology, you figure they would turn to one of Hollywood's big-budget, state-of-the-art blockbusters.

Twentieth Century Fox has been shedding production executives at a rapid clip -- five in the past two years, with another two about to jump ship, TheWrap has learned.

Money manager AXA Rosenberg and co-founder Barr Rosenberg agreed to pay $65 million to settle a lawsuit by investors who said they lost money after a computer coding glitch impeded the firm's ability to manage risk.

Shares of Thoratec Corp (THOR.O) fell 10 percent in pre-market trade Wednesday, a day after the cardiac device maker cut its full-year sales forecast, citing slower sales growth of its heart pumps in the United States in the second half of 2011.

Workers were evacuated from a unit at the San Onofre nuclear power plant in California on Tuesday after an ammonia leak, but the incident posed no threat to the public, officials said.

SunPower Corp has settled a lawsuit with environmental and community groups, agreeing that it will abandon the site of a proposed California solar project within 50 years, the company said on Wednesday.

El Paso Electric reported its third quarter revenue grew year over year but fell below market expectations.

Bank of America Corp. employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank

Iran has fired the head of an oil company because he was discovered to have dual nationality -- a sensitive issue after a top bank manager fled to Canada during a huge fraud scandal, the Vatan-e Emrouz daily reported on Wednesday.

MasterCard Incorporated (NYSE:MA) reported third-quarter earnings of $5.63 per share on revenues of $1.81 billion, blowing past analysts estimates that had expected the company to report earnings of 4.82 per share and revenues in the vicinity of 1.71 billion. Increased volume from international consumers played a role, as did U.S. consumers ditching debit for credit.

Kingfisher Airlines on Wednesday sought further cushion from banks to ease its debt burden, but denied it was seeking another debt restructuring.

WikiLeaks founder Julian Assange, whose activities have angered the U.S. government, should be sent to Sweden from Britain to face questioning over alleged sex crimes, the High Court ruled on Wednesday, rejecting his appeal against extradition.

Apple CEO Tim Cook is no Steve Jobs. That fact is already evident in Cook's first couple of months on the job filling in for Jobs, who retired in August and died in October at the age of 56 after a long tenure as Apple's CEO.