Newsweek set off a firestorm earlier this month when it published a divisive cover story by Niall Ferguson entitled "Hit the Road, Barack," in which the author claims that the Romney/Ryan ticket is our nation's only hope for prosperity.
IBTimes gets a sneak peek of Czar by Cesar Galindo ahead of Mercedes-Benz Fashion Week in New York. Meet the designer in his studio and get an exclusive look at his Spring 2013 collection before it hits the runway.
Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.
After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.
Most of the country's largest merchandisers on Thursday reported solid same-store sales this month.
Sears Holdings Corp. (Nasdaq: SHLD), which revolutionized retail in the 20th century with its mail order catalogs. will be removed from the S&P 500 Index at the end of Sept. 4, according to Standard & Poor's, after struggling to lure consumers amid the weak economy.
Sony unveiled an upgraded version of its Android tablet and three new Ice Cream Sandwich smartphones Wednesday at IFA 2012 in Berlin.
Can Richard Schulze, the 71-year-old founding CEO of Best Buy Co. (NYSE: BBY) put his money where his mouth is? Can he fork up billions from private eqiuity behemoths like KKR (NYSE: KKR)?
Asian stock markets declined Thursday as the disappointing Japan retail sales data and the fading hopes for fresh measure by the Fed Reserve weighed on the sentiment.
The Nikkei share average plunged Thursday on concerns that Ben Bernanke, the U.S. Federal Reserve chairman, will not announce imminent stimulus from the Fed in a key speech on Friday.
Asian markets fell Thursday as investors' concerns about the weakening global economy was revived by the declining Japanese retail sales and disappointing South Korean manufacturers' confidence data.
Victoria's Secret Stores Inc. and their parent company, Limited Brands Inc., are being sued by Zephyrs for $15 million since they have allegedly been "knockoffs" to their own customers, according to WWD.
Eurogamer details the contents of Treyarch’s upcoming “Call of Duty: Black Ops 2” special editions, currently available for pre-order at various retail outlets.
10 years after its initial publication, "Harry Potter" is still being banned in some communities for allegedly promoting unchristian-like values. Medowie Christian School, a co-ed K-10 school in New South Wales supported by the Medowie Baptist Community Church, is the latest school to take issue with the popular fantasy series; the Potter series has not only been banned from their school's library, but students participating in a recent parade for "Book Week" were also forbidden f...
The Romneys love Costco, whose co-founder is a major backer of Barack Obama. The political leanings top executives gives no credence to the idea one party is the party of big business.
When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.
At least one major refiner, BP PLC (NYSE: BP), has said it is shutting down production in the region. Production shutdowns can lead to price spikes at the pump fairly quickly.
Bill Ackman, the mercurial hedge fund manager of Pershing Square Capital LLP and activist investor, is at it again. Ackman said in a regulatory filing Thursday that his company had been in talks with Simon Property Group Inc. (NYSE: SPG), the largest U.S. mall owner, regarding a takeover of General Group Properties Inc. (NYSE: GGP), its next largest rival.
UK retail giants like Sainsbury and Tesco prefer to buy and move wine in bulk because they can transport higher volumes of the product at a cheaper cost.
Wal-Mart, the world's largest retailer, is expanding its immunization offerings in the U.S. to help lift domestic revenue to levels it is achieving outside the U.S.
After beating market expectations earlier this month with its second-quarter earnings, Target Corporation (NYSE: TGT) has managed to remain competitive against the king of low prices: Wal-Mart Stores Inc. (NYSE: WMT).
The number of Americans lining up for new jobless benefits rose more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.
