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Metro says market tough as profit slumps

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Metro , the world's No. 4 retailer, missed expectations for second quarter results as high food prices and the European debt crisis hit consumer sentiment and said its 2011 earnings target depended on economic improvements.
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Arnold Schwarzenegger and Maria Shriver reunites for his birthday

Arnold Schwarzenegger and Maria Shriver Reunite

Arnold Shwarzenegger and Maria Shriver reunited on Saturday to celebrate the former California governor?s birthday in Beverly Hills, along with two of their children, Patrick and Christopher.
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Amazon flies high, may rise 25 percent more: Barron's

Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron's said in its August 1 edition.
Starbucks

Starbucks' Same-Store Sales Increase Pumps Up Profits

Starbucks had higher-than-expected sales increases at its U.S. stores in the company's fiscal third-quarter, pushing profits beyond the expectations of analysts. The company's stock rose in after-hours trading.
Barnes & Noble

Apple Buying Barnes & Noble? Doubtful

A report says Apple is having discussions with bookseller Barnes & Noble about buying the chain. But don't believe everything you read. It's not going to happen.
Republican debt plan faces close vote in Congress

Republican debt plan faces close vote in Congress

A bill to cut the deficit faced a nail-bitingly close vote in Congress on Thursday as the top Republican lawmaker sought to quell an internal revolt and push his plan to avoid a ruinous default.
Amazon Founder, CEO Jeff Bezos

Amazon: The Most Competitive Business Ever Built?

Jeff Bezos and Amazon have unique competitive advantage, some analysts say. They suggest Amazon is succeeding bigger, and faster, than Wal-Mart did, becoming the world's largest retailer. That begs the question: Has Amazon built the most competitive business ever?
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Toys R Us to carry Kindle

Toys R Us, the world's largest toy retailer, said its U.S. stores will carry Amazon.com's Kindle electronic reader and related accessories starting July 31.

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