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Two under-the-radar ways to play a retail revival
News 5 hours ago
Two under-the-radar ways to play a retail revival

Retail stocks are getting rocked in the fallout of the trade war. The XRT retail ETF, an equal-weighted fund that gives the same gravity to Amazon...

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Dressbarn is going out of business, plans to shut all 650 stores
News 18 hours ago
Dressbarn is going out of business, plans to shut all 650 stores

Ascena Retail Group said Monday it's winding down its Dressbarn business and plans to shut all 650 or so of the women's clothing stores in order to...

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Good food is bringing people to the mall. And they're spending more money when they get there
News 22 hours ago
Good food is bringing people to the mall. And they're spending more money when they get there

Hungry shoppers want good food. And it's likely they'll stick around and shop once they eat, benefiting both retailers and real estate owners that...

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Nordstrom's massive department store for women set to open this October in New York
News 1 day ago
Nordstrom's massive department store for women set to open this October in New York

Nordstrom is inching toward opening its first department store for women in New York this fall. And it will be enormous. The grand opening will be...

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Morgan Stanley upgrades 'retail survivor' Target
News 1 day ago
Morgan Stanley upgrades 'retail survivor' Target

Morgan Stanley upgraded Target on Monday, saying it sees improving margins and a more, "balanced," risk/reward for the retail giant. They called...

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Architect I.M. Pei dies at age 102
News 4 days ago
Architect I.M. Pei dies at age 102

I. M. Pei, whose modern designs and high-profile projects made him one of the best-known and most prolific architects of the 20th century, has died...

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From advertising to A.I., Walmart is doing a lot more than just being a retailer
News 4 days ago
From advertising to A.I., Walmart is doing a lot more than just being a retailer

China has plenty of ways to get back at US for treatment of...China has plenty of ways it can retaliate against U. S. treatment of Huawei, and U.S....

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President Trump's annual financial disclosure report shows drop in Mar-a-Lago income
News 4 days ago
President Trump's annual financial disclosure report shows drop in Mar-a-Lago income

President Donald Trump's latest financial disclosure report reveals a drop in income at his Florida luxury resort Mar-a-Lago. The report, released...

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US housing starts rose more than expected in April
News 5 days ago
US housing starts rose more than expected in April

U. S. homebuilding increased more than expected in April and activity in the prior month was stronger than initially thought, suggesting declining...

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Walmart earnings beat as investments fuel sales growth, retailer in 'good position' to hit 2019 goals
News 5 days ago
Walmart earnings beat as investments fuel sales growth, retailer in 'good position' to hit 2019 goals

Walmart on Thursday reported first-quarter earnings that topped analysts' expectations despite a recent string of investments weighing on margins....

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WeWork is starting a $3 billion fund to buy stakes in buildings and rent them back to itself
News 6 days ago
WeWork is starting a $3 billion fund to buy stakes in buildings and rent them back to itself

WeWork has become a business with a multi-billion valuation by being a prolific tenant. Now, it is starting a nearly $3 billion fund to become a...

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Macy's is about to report earnings. Here's everything you need to know
News 6 days ago
Macy's is about to report earnings. Here's everything you need to know

Macy's is set to report quarterly earnings Wednesday before the stock market opens. Here's what analysts are expecting, based on Refinitiv data:...

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Burger King's parent sets goal of 40,000 stores within next 10 years—that's more than McDonald's
News 6 days ago
Burger King's parent sets goal of 40,000 stores within next 10 years—that's more than McDonald's

In the next eight to ten years, Restaurant Brands International plans to surpass 40,000 locations globally, increasing its store count by 55% in a...

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China-owned tower in New York City reportedly wouldn't let Amnesty International move in
News 1 week ago
China-owned tower in New York City reportedly wouldn't let Amnesty International move in

A state-owned Chinese shipping company refused to lease an office space in New York City to human rights group Amnesty International U. S.A, The...

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Bed Bath & Beyond CEO Steven Temares steps down 'immediately' and resigns from board
News 1 week ago
Bed Bath & Beyond CEO Steven Temares steps down 'immediately' and resigns from board

Bed Bath & Beyond announced Monday that CEO Steven Temares is stepping down, "effectively immediately," as activist investors push for changes at...

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Microsoft touted something called the Power Platform at its big event this week — here's what it is
News 1 week ago
Microsoft touted something called the Power Platform at its big event this week — here's what it is

Microsoft CEO Satya Nadella has used his company's strengthened position in cloud computing through services like Azure and Office 365 to drive a...

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These are the sectors that worry Wall Street analysts the most if there's a US-China trade war
News 1 week ago
These are the sectors that worry Wall Street analysts the most if there's a US-China trade war

Wall Street analysts covering individual companies are increasingly concerned about the ramifications of a possible China-U. S. trade war on a wide...

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Amazon Go opens for the first time in New York. And the cashier-free store will accept cash
News 2 weeks ago
Amazon Go opens for the first time in New York. And the cashier-free store will accept cash

Amazon is finally bringing its cashier-less convenience store to New York. And it will also mark the first time this type of store, called Amazon...

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Amazon can already ship to 72% of US population within a day, this map shows
News 2 weeks ago
Amazon can already ship to 72% of US population within a day, this map shows

* Amazon said on its latest earnings report that it's making one-day delivery the default for Prime members. A closer look at Amazon's delivery...

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The highest-paying job in tech pays an average $163,500 a year—here are the other 9
News 2 weeks ago
The highest-paying job in tech pays an average $163,500 a year—here are the other 9

For many workers, landing a job at a tech company means earning a sizable salary and enjoying over-the-top perks, like nap rooms, free snacks, even...

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Trump administration proposal would make it easier to deport immigrants who use public benefits
News 2 weeks ago
Trump administration proposal would make it easier to deport immigrants who use public benefits

The Trump administration is considering reversing long-standing policy to make it easier to deport U. S. legal permanent residents who have used...

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The FBI just raided health start-up uBiome's office for billing practices
News 3 weeks ago
The FBI just raided health start-up uBiome's office for billing practices

The FBI raided the San Francisco office of health start-up uBiome on Friday, because of the questionable ways the company has billed consumers....

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Starbucks earnings beat, raises forecast as customers spend more per visit
News 3 weeks ago
Starbucks earnings beat, raises forecast as customers spend more per visit

Starbucks on Thursday reported earnings that outpaced analyst expectations and raised its outlook for the year, as customers spent more at its...

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CVS will bring hundreds of SmileDirectClub shops to its stores, offering a cheaper way to straighten teeth
News 3 weeks ago
CVS will bring hundreds of SmileDirectClub shops to its stores, offering a cheaper way to straighten teeth

CVS Health is about to make it easier to straighten your teeth. The drugstore chain will open "hundreds" of SmileDirectClub locations inside its...

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Macy's shares rise 2% on report retailer may build office tower on top of flagship New York store
News 3 weeks ago
Macy's shares rise 2% on report retailer may build office tower on top of flagship New York store

Shares of retailer Macy's rose 2% Wednesday, following a report the retailer may build an office tower on top its flagship New York store. The...

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Kohl's is going to accept Amazon returns in all of its stores across the country, starting in July
News 4 weeks ago
Kohl's is going to accept Amazon returns in all of its stores across the country, starting in July

Kohl's on Tuesday announced it will start accepting returns for items purchased on Amazon at all of its stores across the country, starting in July...

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'I ain't ever seen the dude' – residents of South Bend's poor neighborhoods say Democratic presidential hopeful Pete Buttigieg left them behind
News 4 weeks ago
'I ain't ever seen the dude' – residents of South Bend's poor neighborhoods say Democratic presidential hopeful Pete Buttigieg left them behind

* Residents in the area say they see little of the mayor, and lament the flow of city dollars they see headed into neighborhoods they view as...

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Yankee great Mark Teixeira on the 5 percent banking rule he uses to ease fears about running out of money
News 1 month ago
Yankee great Mark Teixeira on the 5 percent banking rule he uses to ease fears about running out of money

Although former Yankee first baseman Mark Teixeira earned a fortune on the baseball diamond, he's always preached the value of living on a budget. ...

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New York City Council embraces pillar of AOC's Green New Deal, passing building emissions bill
News 1 month ago
New York City Council embraces pillar of AOC's Green New Deal, passing building emissions bill

* The measure aligns with one of the central pillars of Rep. Alexandria Ocasio-Cortez's Green New Deal. The New York City Council on Thursday took...

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Retail sales likely bounced back on expected higher spending on gasoline, cars
News 1 month ago
Retail sales likely bounced back on expected higher spending on gasoline, cars

Consumers are expected to have spent more on gasoline and cars in March, likely pushing monthly retail sales higher after February's surprise...

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