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J.C. Penney Co Inc's February sales are down from last year, its chief executive said on Friday, as the retailer tries to get shoppers used to a new pricing strategy that does not include the discounts that hurt margins.

The release of Nike's limited edition glow-in-the-dark Foamposite Galaxy sneakers created a melee at a Florida mall on Thursday night.

Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.

The top after-market NASDAQ gainers Thursday were: Casual Male Retail Group, Internap Network Services, OmniVision Technologies, Iconix Brand Group, AXT Inc, Warner Chilcott, Intuit Inc, Dynamic Materials Corp, Sigma Designs and Clearwire Corp.

Lloyds will bear brunt of writedowns and restructuring costs, as it sells non-core businesses and cuts thousands of jobs.

Kathy Ireland might be a former model and she might have been featured in the Sports Illustrated Swimsuit Issue for 13 consecutive years; but nowadays the stunning 48-year-old makes the most headlines for her $350 million fortune and furniture empire.

Sears Holdings Corp plans to raise about $770 million spinning off a business of about 1,250 stores and selling some prime real estate, hoping to convince Wall Street that the struggling chain has enough assets to tap to pay down debt.

The heavy price tag attached to Apple’s iPhone series may actually save money in the long run. A new study shows that the prices for the top paid-for apps in the Android market are “dramatically” higher than those in Apple’s store.

Sears Holdings Corp. (SHLD) posted a fourth-quarter loss Thursday and said it will spin off its Hometown, outlet and hardware-store businesses as part of an effort to increase liquidity.

Adding one more feather to its cap, the innovative Korean phone maker Samsung Telecommunications has come up with Samsung Galaxy S Blaze as an addition to 4G wireless network technology. In a recent announcement, T-Mobile has confirmed that the new Galaxy brand would be available in the market by end of March 2012. According to the T-Mobile’s press release, the handset is expected to cost around $149.99 after a $50 mail-in rebate card, with a two-year service agreement and would be on shelf pur...

The move is expected to increase anger that the bank is still paying large salaries while thousands, including more than 30,000 layoffs at the bank in the last three years, lose their jobs in a weakening global economy.

The Great Bend, Kan.-based company listed as much as $50 million in assets and debt in U.S. Bankruptcy Court, Southern District of New York.

Adele continues to ride out her success at the 54th Annual Grammy Award show. Adele enjoyed a 207 percent sales increase the week since the Grammys according to New York Daily News. It's the largest post-show boost in Grammy history. To add to her sales increase, Adele has also broken the record formerly held by the late Whitney Houston. Adele's 21 replaced The Bodyguard as the longest running No. 1 album by a woman.

A Chinese technology firm sought to halt the sale of Apple Inc's iPads across the affluent city of Shanghai, arguing at a local court hearing on Wednesday that the U.S. firm had infringed on its trademark.

Howard Lutnick's BGC Partners Inc. (NASDAQ: BGCP) has agreed to buy the commercial real estate brokerage Grubb & Ellis Company (PINK:GRBE), which will file for Chapter 11 bankruptcy protection in the wake of declining revenue from the commercial real estate bust.

A flood of earnings reports Tuesday morning showed a mixed bag for the broader economy, with select companies coming up short, though retailers generally enjoyed a bounce-back 2011.

The Dow Jones Industrial Average briefly climbed back above the psychologically important 13,000 level shortly before noon Tuesday for the first time since 2008.

Apple Inc's trademark battle moves to one of China's richest cities on Wednesday when a Shanghai court will deliberate a request by troubled technology company Proview to halt the sale of iPads across the city.

Wal-Mart Stores Inc., the world's biggest retailer, on Tuesday reported a 1.5 percent increase in fourth-quarter sales at its U.S. stores open at least a year.

The book trailer is a new medium that points to the future of enticing readers.

The auto industry is the engine of the Michigan economy, but Mitt Romney's opposition to the ultimately successful government rescue of General Motors and Chrysler won't be a major concern of Republican voters in the state's Feb. 28 primary, observers say.