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Retailers, Disney lift stocks

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U.S. stocks rose on Friday, setting up a second straight week of gains, as upbeat retail news reinforced hopes for strong sales in the key holiday season.
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RBS's Q3 loss halves but more bad debts to come

Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favorable trading battered investment banking profits.
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Retail sales suggest tepid holiday season

More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season.
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October retail sales fall short for many

U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season.
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Monster US online jobs index edges up in October

Online job postings rose slightly in October, led by growth in health care and public companies, but the monthly employment gauge remained 20 percent below year-ago levels, a private research group said on Thursday.
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Chinese Internet startups get crimped on crowded Web

Entrepreneurs are finding the road to Internet riches in China increasingly rough, facing a thicket of regulatory issues, stiff competition and a frontier mentality that leads to frequent underhanded practices.
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Britain's top retail banks set for shake-up

Britain is set to announce on Tuesday a long-awaited deal with its bailed-out banks, including a record rights issue for Lloyds Banking Group and hefty disposals for Royal Bank of Scotland to appease the EU competition regulator and boost competition.
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Sumitomo Trust, Chuo Mitsui in merger talks: source

Japanese banks Sumitomo Trust and Chuo Mitsui Trust Holdings are in merger talks, two sources familiar with the matter said on Tuesday, bringing together two struggling trust banks to better compete in Japan's lucrative asset management industry.
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Long lines as Microsoft opens retail store

The idea that hundreds of people would line up outside anything to do with Microsoft would have been far-fetched only a few years ago -- but on Thursday that's what happened when the software giant opened its first retail store in Scottsdale, Arizona.
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Tech Round Up: Windows 7 Launches, Microsoft opens first store, Nokia sues Apple

Microsoft Corp. formally unveiled Thursday its newest operating system, Windows 7, as the software giant hopes to breath new life into its Operating System product line. Steve Ballmer said the product was a result of an intense collaboration between Microsoft and its partners - 50,000 software, hardware, and peripheral vendors, as well as 8 million beta testers.
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Fewer holiday goods spurs U.S. retail scramble

Some store chains are hedging a major bet they made this year by slashing inventories, sometimes as much as 25 percent, to make sure they do not get stuck with a glut of merchandise for a second consecutive year.
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Toys R Us facing antitrust probe: report

Toys R Us is facing a U.S. antitrust probe over whether the toy retailer used its market clout to stifle discounting by retail competitors and force consumers to pay higher prices for baby products, the Wall Street Journal reported on Saturday.
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First Microsoft store looks set to open

Microsoft Corp's first store looks ready to open in an upscale Phoenix valley city in the next few days, as the software maker takes its first step in trying to match rival Apple Inc's successful venture into retail.
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Retail sales hint consumer demand improving

U.S. retail sales excluding those for autos rose for a second month in September, raising cautious optimism consumer spending could support the economy's fledgling recovery from the worst recession since the 1930s.
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Retail sales hint at improving consumer demand

U.S. retail sales excluding auto purchases rose for a second month in September, raising cautious optimism consumer spending could support the economy's fledgling recovery from the worst recession since the 1930s.

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