Wal-Mart Inc has agreed to revise a plan on a payroll cut involving 2,000 mid-level managers across its outlets in China after a trade union stepped in to mediate, state media reported on Friday.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit on Thursday, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Wal-Mart Stores Inc., the largest U.S. retailer, said Wednesday it plans to nearly double the amount of solar power generated from rooftop panels on its California stores.
Wal-Mart Inc's plan to eliminate jobs at its China unit has met with resistance from the up to 1,400 workers involved, the U.S. retailer said on Tuesday.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Life is not getting easier for the American consumer, according to three big companies whose wares range from fast food to consumer goods to credit cards.
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
On Wednesday the head of Wal-Mart Stores Inc said he did not see a quick end to the recession as there was still lot of stress present in the economy.
The Dow industrials rose on Wednesday following better-than expected manufacturing data while the Nasdaq headed lower as Intel Corp said uncertainty ruled out a clear revenue forecast.
Stocks opened lower on Wednesday after the Chief Executive of Wal-Mart Stores Inc said he sees no quick end to the recession, while Intel said uncertainty ruled out a clear revenue forecast.
Stock index futures fell on Wednesday after the Chief Executive of Wal-Mart Stores Inc said he sees no quick end to the recession, while Intel said uncertainty ruled out a clear revenue forecast.
The S&P 500 and Nasdaq rose on Monday as bets that major banks will post reassuring quarterly results fueled a run-up in financials, offsetting uneasiness about the fate of General Motors .
Sales at U.S. retailers declined less than expected in March in a sign that shoppers may be regaining confidence to open their wallets after more than a year of recession.
Many U.S. retailers posted smaller-than-expected sales declines for March in a sign that shoppers may be regaining confidence to open their wallets after more than a year of recession.
Stocks jumped on Thursday as Wells Fargo gave preliminary first-quarter results that were stronger than expected, providing relief to the troubled financial sector.