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U.S. Retail Sales Rose 0.4% in Jan, Lower Than Expected

Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.

Euro Rising on German Economic Data

The Euro sculpture in front of the ECB headquarters
The euro rose to a session high and shares reversed early losses after key German data bolstered hopes that Europe's largest economy was recovering and a strong Italian bond sale added to signs that financing pressures were being contained.

Eurozone Output Falls, GDP Set to Contract

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Output at factories in the euro zone tumbled in December, reflecting a sick European economy that probably shrank at the end of 2011 but it is hoped will recover this year.
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iPad Sale

iPad 3 March Launch Imminent: iPad 2 Price Slashed to $429

Media rumors on the impending iPad 3 launch could turn out to be true as retail shops are also moving fast to clear their stocks of iPad 2. The first week of March is considered as the most likely period for the launch of Apple's next generation iPad, dubbed iPad 3 and a Michigan-based supermarket chain has already slashed the price of iPad 2 to clear its shelves for the new tablet.
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Top Pinterest Users: Celebrities, Brands, and other Pinners You Must Follow

Pinterest--the new social network based off of photo-sharing--recently became one of the top five social networks on the Internet. As it continues to close in on the type of traffic that brands such as Twitter and Facebook have, Pinterest is becoming popular among celebrities and large companies. With that in mind, we've created a list of the most important celebrities, brands and other pinners on Pinterest that you must follow:
No. 2 Empire State Building, New York City

Empire State Building Owner Files for IPO

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.
The Empire State Building is seen in New York

Empire State Building Owner Files for $1 Billion IPO

Empire State Realty Trust, owners of the iconic Empire State Building, filed to sell up to $1 billion of its Class A common stock, giving ordinary investors a chance to own a piece of the building that has been fought over by billionaires.
Black Friday shoppers cross 34th Street outside Macy's in Herald Square in New York

Retail Sales Rose in January: U.S. Economy Preview

Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
Microsoft

Microsoft India Retail Website Hacked by Evil Shadow Team

Microsoft India's retail website was down on Monday after an apparent hack, with a purportedly Chinese group called Evil Shadow Team posting doctored screenshots that seemed to be of partially obscured customers' usernames and passwords.
WTC

The Port Authority and the World Trade Center

An audit released this week called the Port Authority of New York and New Jersey a challenged and dysfunctional organization, citing the ballooning costs at New York's World Trade Center. But, for all the turmoil at the site, the Port Authority has taken steps to return it to both the private and public city.
Valentine's Day gifts for him and her

Valentine's Day Deals 2012: Online Gifts for Him and Her

Valentine's Day is round the corner and many retailers have announced discounts for shoppers who want to buy something special for their loved ones. Looking for Valentine's Day gifts for him? Or for her? Here's a quick look at some of the best online Valentine's Day deals you will find at some of the biggest and most popular retailers around.
Amazon's Kindle Fire Tablet

Kindle Fire: Amazon to Launch New Bigger Model with 9-Inch Display

Rumors are rife that Apple is all set to launch its next generation iPad, but the Android lovers should not lose heart as Amazon is also anticipated to release two versions of its flagship Kindle Fire, one of which will be bigger than the existing Fire, AllThingsD has reported.
A box from Amazon.com is pictured on the porch of a house in Golden

To Zip from IP, Amazon Morphs into Brick-and-Mortar - Report

The constant rumor mill churning around online megalith Amazon.com (AMZN) has offered up a new hatchling, in brick and mortar form. The world's largest online retailer will open a physical store in Seattle, according to Good E-Reader, making it the first major online retailer to jump from an Internet Protocol address to actual zip code.
Consumer confidence dropped in early March

Consumer Sentiment Weaker in February as U.S. Spenders Look for a Brighter Future

Consumers are feeling relatively upbeat about where the economy will be six months from now, but right now, after maxing out their credit card and perhaps purchasing a big-ticket item over the holidays, they're planning on sticking to a budget. Those are the main findings from a preliminary survey of February consumer confidence conducted by the University of Michigan and Thomson Reuters, which was released Friday morning.
Harikesh S Nair

J.C. Penney Pricing Strategy: What is in Store? (Exclusive)

J.C. Penney Co is introducing a three-tier price model by which the retailer is essentially committing to a new markdown pricing strategy that will convince consumers that some items will not have price reductions (everyday fair price), thereby their risk of buying at current prices is low, according to a Stanford University business faculty.
Apple store

Google, Amazon Steal Strategy from Apple, Open Brick-and-Mortar Stores

The tech giants of Silicon Valley appear to be chasing after Apple's brick-and-mortar sales model: Earlier this week, rumors began to leak about the possibility of an Amazon brick-and-mortar store opening in Seattle. Google has followed up with an announcement of creating a store in Dublin, Ireland.
Azerbaijan Tower

Azerbaijan Tower: The Next Tallest Building in the World? [SLIDESHOW]

A new contender for the world's tallest building has emerged. Avesta Group's Azerbaijian Tower is set to rise over a kilometer in height, to around 3,444 feet and 189 floors. It would surpass the 2,723-foot Burj Khalifa, currently the world's tallest building, as well as the planned Kingdom Tower.

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