Banks led Wall Street to gains on Thursday even as Europe struggled again, a sign investors are betting a relatively strong U.S. economy will help U.S. stocks outperform other markets.
Stocks rose on Thursday led by bank shares as investors bet a stronger economy will help boost balance sheets of U.S. based lenders.
The white Samsung Galaxy Nexus is expected to hit stores in the UK in the next two weeks and the U.S launch will follow in early February, according to Expansys.com.
Many U.S. store chains had to resort to deep discounts to lure shoppers over the holiday selling season, cutting into profits even as overall December sales came in slightly above expectations.
The New York-based retailer said it expects 2012 consolidated sales between $7.0 billion and $7.2 billion. The company expects full year losses to total $1.10 and $1.40 per share.
The number of planned job cuts at U.S. firms declined in December to the lowest level since June, but up from the same time a year ago, a report on Thursday showed.
Venerable bookseller Barnes & Noble said it will consider spinning off its thriving Nook business – its thriving e-book unit – while determining its own corporate future.
The first batch of December sales results suggests that people were willing and able to shop if retailers made it worth the effort with discounts.
The first batch of December sales results suggests that people were willing and able to shop if U.S. retailers made it worth the effort with discounts.
Yahoo named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the struggling company.
New York Gov. Andrew Cuomo's plan for a 3.8 million square foot convention center at the Aqueduct Racetrack in Queens, N.Y. was met with approval from one local non-profit planning group, while the local community board said it awaited more details on the project.
U.S. online sales for the 2011 holiday season rose 15 percent to hit an all-time high, according to data firm comScore.
Mainland China and 21 other countries will finally launch sales for Apple's most advanced smartphone, the iPhone 4S, on Friday, Jan. 13. The phone will be available in black and white and will sell at the same prices as in the U.S.
Here are all the details on where to buy Kate Middleton's holiday accessories including diamond drop earrings, velvet hat, rain boots and sheepskin shearling jacket.
Apple fans in China mainland and other 21 countries are going to be crazy after hearing this - iPhone 4S, Apple's hottest handset so far, will reach their shores on Friday, Jan. 13, ending various speculations about local launch dates, that lasted for several months.
As part of Italian fashion label Marni's collaboration with retail brand H&M, approximately 25 percent of the funds raised from sales of an exclusive unisex T-shirt will be used to assist the Red Cross in Japan.
The largest shareholders of Middle East jeweller Damas International have appointed a financial adviser ahead of a potential sale of some of their shares, the firm said in a regulatory filing on Wednesday.
Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.
The Retrode 2, a USB device that combines game consoles and emulators and lets fans of retro games play age-old SNES and Genesis games on their Personal Computers or MACs, is set to bring the old days of gaming back.
The U.S. office market improved in 2011, but continued growth in 2012 is expected to be slow, according to two separate reports released on Tuesday.
Reliance Industries said it would invest in media group TV18's two main companies, marking a major foray into the media sector by the energy-focused conglomerate and giving a boost to its plans to launch 4G services.
After the holiday party comes the hangover for retailers: handling millions of returns this week.
