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U.S. top court leans towards allowing Apple App Store antitrust suit
News 4 months ago
U.S. top court leans towards allowing Apple App Store antitrust suit

WASHINGTON (Reuters) - U. S. Supreme Court justices on Monday appeared open to letting a lawsuit proceed against Apple Inc (AAPL.O) that accused it...

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Total has 'Uber-like' ambitions to shake up French power market
News 4 months ago
Total has 'Uber-like' ambitions to shake up French power market

Total has 'Uber-like' ambitions to shake up French power market PARIS (Reuters) - Total’s French retail electricity arm is on track to win 700,000...

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Thousands moved out for a new GM factory; now it's closing
News 4 months ago
Thousands moved out for a new GM factory; now it's closing

Thousands moved out for a new GM factory; now it's closing WASHINGTON/DETROIT (Reuters) - General Motors Co on Monday pulled the plug on the...

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On Black Friday, more U.S. shoppers chose the computer over the mall
News 4 months ago
On Black Friday, more U.S. shoppers chose the computer over the mall

On Black Friday, more U. S. shoppers chose the computer over the mall NEW YORK (Reuters) - The Thanksgiving Day and Black Friday kickoff of the U....

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Online surge, lines mark start of Black Friday sales
News 4 months ago
Online surge, lines mark start of Black Friday sales

NEW YORK (Reuters) - U. S. shoppers desperate for deals banged on doors and formed long queues at checkout counters on Black Friday, as a strong...

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Black Friday U.S. shoppers brave cold, long lines in hunt for deals
News 4 months ago
Black Friday U.S. shoppers brave cold, long lines in hunt for deals

Black Friday U. S. shoppers brave cold, long lines in hunt for deals NEW YORK/PITTSBURGH (Reuters) - U. S. shoppers formed long lines at store...

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Black Friday deals lure U.S. shoppers, biggest sales gains online
News 4 months ago
Black Friday deals lure U.S. shoppers, biggest sales gains online

NEW YORK (Reuters) - Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on...

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Steinhoff's U.S. unit Mattress Firm exits bankruptcy, shuts 660 stores
News 5 months ago
Steinhoff's U.S. unit Mattress Firm exits bankruptcy, shuts 660 stores

Two Mattress Firm stores, a brand owned by Steinhoff, lie on either side of the street in Encinitas, California, U. S., January 25, 2018. REUTERS...

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RCS Mediagroup believes Blackstone paid too little for properties: source
News 5 months ago
RCS Mediagroup believes Blackstone paid too little for properties: source

RCS Mediagroup believes Blackstone paid too little for properties: source FILE PHOTO - The ticker and trading information for Blackstone Group is...

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U.S. home refinancing requests fall near 18-year low: mortgage group
News 5 months ago
U.S. home refinancing requests fall near 18-year low: mortgage group

(Reuters) - U. S. borrowers filed the fewest applications for home refinancing in almost 18 years last week even as mortgage rates drifted lower in...

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Amazon opens Spanish pop-up store to showcase its wares
News 5 months ago
Amazon opens Spanish pop-up store to showcase its wares

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File photo MADRID...

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IKEA Group plans to cut 7,500 administrative jobs
News 5 months ago
IKEA Group plans to cut 7,500 administrative jobs

FILE PHOTO: Flags and the company's logo are seen outside of an IKEA Group store in Spreitenbach, Switzerland April 27, 2016. REUTERS/Arnd Wiegmann...

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Holiday wish list: U.S. states count on extra online sales tax to boost budget
News 5 months ago
Holiday wish list: U.S. states count on extra online sales tax to boost budget

Holiday wish list: U. S. states count on extra online sales tax to boost budget NEW YORK (Reuters) - Illinois, the U. S. state with the lowest...

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Kohl's raised profit view misses estimates, shares slip
News 5 months ago
Kohl's raised profit view misses estimates, shares slip

(Reuters) - Department store operator Kohl’s Corp (KSS. N) forecast full-year earnings largely below estimates, a dire signal ahead of the all...

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Retail disappointments, energy decline hit Wall Street
News 5 months ago
Retail disappointments, energy decline hit Wall Street

NEW YORK (Reuters) - U. S. stocks extended their recent selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped...

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Wall Street sells off again as retail, energy struggle
News 5 months ago
Wall Street sells off again as retail, energy struggle

Wall Street sells off again as retail, energy struggle NEW YORK (Reuters) - U. S. stocks sold off for a second day on Tuesday as energy shares...

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Retail, tech stocks lead slide on Wall Street
News 5 months ago
Retail, tech stocks lead slide on Wall Street

(Reuters) - The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target and Kohl’s as well as a fall in energy...

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Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead
News 5 months ago
Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead

Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead (Reuters) - Following are five big themes likely to...

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Investors eye holiday sales for market salve
News 5 months ago
Investors eye holiday sales for market salve

NEW YORK (Reuters) - Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black Friday...

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J.C. Penney close to 'penny stock' status after poor third quarter
News 5 months ago
J.C. Penney close to 'penny stock' status after poor third quarter

(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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Ready, set, shop: More than a third of Americans to buy on Black Friday: poll
News 5 months ago
Ready, set, shop: More than a third of Americans to buy on Black Friday: poll

Ready, set, shop: More than a third of Americans to buy on Black Friday: poll (Reuters) - About 38 percent of American consumers plan to shop on...

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J.C. Penney gives gloomy outlook before holidays
News 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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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