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J.C. Penney gives gloomy outlook before holidays
News 4 weeks ago
J.C. Penney gives gloomy outlook before holidays

(Reuters) - J. C. Penney Co Inc (JCP.N) predicted a fall in same-store sales this year as it prepared for the holiday shopping season, reporting...

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U.S. retail sales rebound sharply in October
News 4 weeks ago
U.S. retail sales rebound sharply in October

WASHINGTON (Reuters) - U. S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven...

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Walmart's third-quarter comparable sales top estimates, e-commerce jumps
News 4 weeks ago
Walmart's third-quarter comparable sales top estimates, e-commerce jumps

NEW YORK (Reuters) - Walmart Inc (WMT. N) reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its earnings outlook...

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U.S. retail sales rebound, but consumer spending slowing
News 4 weeks ago
U.S. retail sales rebound, but consumer spending slowing

WASHINGTON (Reuters) - U. S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, but data for...

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Wall Street hit by weak earnings, Brexit concerns
News 4 weeks ago
Wall Street hit by weak earnings, Brexit concerns

(Reuters) - U. S. stocks fell on Thursday as a batch of weak earnings and Brexit-related concerns sparked a sixth day of selling, with high-growth...

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Strong U.S. economy boosts Walmart's third-quarter sales
News 4 weeks ago
Strong U.S. economy boosts Walmart's third-quarter sales

NEW YORK (Reuters) - Walmart Inc (WMT. N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year...

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Retail gloom, Brexit worries keep Wall Street in check
News 4 weeks ago
Retail gloom, Brexit worries keep Wall Street in check

(Reuters) - U. S. stocks struggled on Thursday as an attempt by technology companies to rebound from this week’s sharp losses was outweighed by a...

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Bankrupt Sears wins court approval for plans to sell stores
News 4 weeks ago
Bankrupt Sears wins court approval for plans to sell stores

WHITE PLAINS, N. Y. (Reuters) - Sears Holdings Corp (SHLDQ.PK) won U.S. bankruptcy court approval on Thursday to move forward with plans to stay in...

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Tesla slashes prices on home solar systems to spur sales
News 4 weeks ago
Tesla slashes prices on home solar systems to spur sales

(Reuters) - Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company...

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Macy's boosts annual earnings forecast ahead of holiday season
News 1 month ago
Macy's boosts annual earnings forecast ahead of holiday season

(Reuters) - Macy’s Inc (M. N) raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, as the department...

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Macy's raises profit forecast before key holiday season
News 1 month ago
Macy's raises profit forecast before key holiday season

(Reuters) - Macy’s Inc (M. N) raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, encouraged by...

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Juul Labs to pull sweet e-cig flavors to curb youth use
News 1 month ago
Juul Labs to pull sweet e-cig flavors to curb youth use

Juul Labs to pull sweet e-cig flavors to curb youth use (Reuters) - Juul Labs Inc, the U. S. market leader for electronic cigarettes, said on...

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Factbox: Amazon to get billions in breaks for HQ2 development
News 1 month ago
Factbox: Amazon to get billions in breaks for HQ2 development

Factbox: Amazon to get billions in breaks for HQ2 development (Reuters) - Amazon.com Inc (AMZN. O) said on Tuesday it had split its $5 billion...

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Amazon picks New York City, Washington D.C. area for $5 billion new headquarters
News 1 month ago
Amazon picks New York City, Washington D.C. area for $5 billion new headquarters

Amazon picks New York City, Washington D. C. area for $5 billion new headquarters SAN FRANCISCO/WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O)...

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Amazon picks New York City and Virginia for $5 billion new headquarters
News 1 month ago
Amazon picks New York City and Virginia for $5 billion new headquarters

Amazon picks New York City and Virginia for $5 billion new headquarters SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon picks New York City, Virginia for $5 billion new headquarters
News 1 month ago
Amazon picks New York City, Virginia for $5 billion new headquarters

Amazon picks New York City and Virginia for $5 billion new headquarters SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon picks New York City, Washington D.C. area for new offices
News 1 month ago
Amazon picks New York City, Washington D.C. area for new offices

Amazon picks New York City, Washington D. C. area for new offices SAN FRANCISCO/WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon to get billions in breaks for HQ2 development
News 1 month ago
Amazon to get billions in breaks for HQ2 development

Amazon to get billions in breaks for HQ2 development (Reuters) - Amazon.com Inc (AMZN. O) said on Tuesday it had split its $5 billion second...

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Amazon to pick NYC, Northern Virginia for split
News 1 month ago
Amazon to pick NYC, Northern Virginia for split "HQ2": source

WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters...

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Investors focus on retailers as wages rise
News 1 month ago
Investors focus on retailers as wages rise

NEW YORK (Reuters) - U. S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s...

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Wall Street dips as weak earnings dampen surge from midterm elections
News 1 month ago
Wall Street dips as weak earnings dampen surge from midterm elections

(Reuters) - U. S. stocks edged lower on Thursday, as a clutch of weak earnings reports punctured a rally from the previous session, which was...

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Walmart will offer Black Friday deals earlier this year
News 1 month ago
Walmart will offer Black Friday deals earlier this year

FILE PHOTO: Customers complete their purchases ahead of Black Friday at a Walmart store in Chicago, Illinois, U. S. November 23, 2016. REUTERS...

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UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities
News 1 month ago
UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

UBS expects to be sued by U. S. Justice Department over crisis-era mortgage securities (Reuters) - UBS Group AG, Switzerland’s largest bank, said...

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Google plans to expand office space in New York City: WSJ
News 1 month ago
Google plans to expand office space in New York City: WSJ

Google plans to expand office space in New York City: WSJ (Reuters) - Alphabet Inc’s (GOOGL. O) Google is nearing a deal to buy or lease an office...

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A changing New York neighborhood wonders how Amazon would fit
News 1 month ago
A changing New York neighborhood wonders how Amazon would fit

A changing New York neighborhood wonders how Amazon would fit NEW YORK (Reuters) - It was the lunch-hour rush at the Court Square Diner in New York...

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UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities
News 1 month ago
UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities

UBS expects to be sued by U. S. Justice Department over crisis-era mortgage securities (Reuters) - UBS Group AG, Switzerland’s largest bank, said...

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Michael Kors shares slide 16 percent as European stores struggle
News 1 month ago
Michael Kors shares slide 16 percent as European stores struggle

(Reuters) - Michael Kors (KORS. N) shares slumped 16 percent on Wednesday as the fashion group missed Wall Street estimates for quarterly revenue,...

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Ahold Delhaize CEO says robots to speed up U.S. deliveries
News 1 month ago
Ahold Delhaize CEO says robots to speed up U.S. deliveries

Ahold Delhaize CEO says robots to speed up U. S. deliveries AMSTERDAM (Reuters) - Ahold Delhaize’s chief executive on Wednesday confirmed the Dutch...

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Ahold ups stakes in U.S. grocery war with mini-
News 1 month ago
Ahold ups stakes in U.S. grocery war with mini-"robot supermarkets"

Ahold ups stakes in U. S. grocery war with mini-"robot supermarkets" EINDHOVEN, Netherlands/NEW YORK (Reuters) - Grocery group Ahold Delhaize (AD....

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CVS results beat on demand for prescription drugs, beauty products
News 1 month ago
CVS results beat on demand for prescription drugs, beauty products

(Reuters) - CVS Health Corp’s (CVS. N) third-quarter profit beat analysts’ estimates on Tuesday, as it benefited from higher sales of prescription...

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