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Toyota freshens Lexus image to woo young 23 Aug 2013 | 07:38 pm
Toyota's luxury brand Lexus is trying to shake off its stodgy image. So it's opening a cafe.
Home Depot 2Q results top Street, ups 2013 outlook 20 Aug 2013 | 05:56 pm
Home Depot's second-quarter net income jumped 18 percent as surging home sales drove comparable-store sales up by double digits at home and abroad.
Moller-Maersk hit by global downturn in Q2 16 Aug 2013 | 02:39 pm
Denmark's shipping and oil group A.P. Moller-Maersk says a drop in freight rates and lower oil production dented its second-quarter profit.
Ackman resigns from JC Penney board 13 Aug 2013 | 06:50 pm
William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.
BlackBerry to weigh putting itself up for sale 12 Aug 2013 | 07:58 pm
Struggling smartphone maker BlackBerry will consider selling itself.
China, Latin America sales help Adidas profits 9 Aug 2013 | 04:55 pm
German shoe and sporting goods company Adidas AG said Thursday net profit rose 4 percent in the second quarter to 172 million euros ($229 million) as stronger sales in China and Latin America offset a...
Can Amazon CEO Ship Online Savvy to Wash. Post? 7 Aug 2013 | 06:40 pm
Jeff Bezos puzzled over how to reverse the financial slide threatening The Washington Post and other major U.S. Newspapers.
DOJ: Largest Hacking and Data Breach 6 Aug 2013 | 02:11 pm
Through a fraud scheme, a criminal enterprise breached the computer networks of at least 17 financial institutions, major retailers, and payment processors.
Facebook Passes $38 IPO Price, Ends Lower 1 Aug 2013 | 06:28 pm
If redemption comes in the form of a stock price, then Facebook may have redeemed itself. Shares in the social networking website passed $38 for the first time since its public debut last May. Copyrig...
NYC’s Crackdown on Big Sodas Goes Flat 31 Jul 2013 | 01:25 pm
The long-discussed ban on sugary drinks in NYC has seemingly failed to reach its goal, since the city has exceeded its legal authority.
