Target's first-quarter profit rose almost 8 percent as attempts to turn its business around appear to be gaining some traction. Sales at established stores fell for the fourth consecutive quarter, but the...
Thursday, May 18, 2017 at 09:12 AM EDT
Dubai Firm Wants to Haul 'Up for Grabs' Icebergs to Gulf
A Dubai firm's dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles.
Where many see the crumbling polar ice caps as a distressing sign of global warming, the...
Customers at some Starbucks shops hit a snag Tuesday while trying to fill up their coffee cups, CNBC reported.
Registers were knocked offline by a technology update that was being installed overnight, the...
Tuesday, May 16, 2017 at 10:57 AM EDT
How to Stay Safe If an Active Shooter Comes to Your Job
Active shooter scenarios are unpredictable but now more and more businesses want to be prepared.
One security consulting firm said inquiries about what to do have surged after recent workplace tragedies in...
Tuesday, May 16, 2017 at 09:32 AM EDT
Ford Plans to Slash Global Workforce by 10 Percent: Report
The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price.
The newspaper says the cuts would target salaried employees and would...
Wednesday, May 10, 2017 at 06:30 PM EDT
Half-Billion Windows 10 Devices, But PC Slump Stunts Growth
Microsoft's latest version of Windows is faring better than its maligned predecessor, but the software's growth is still stunted by a shift away from personal computers.
Windows 10 is now running on a...
Wednesday, May 10, 2017 at 05:38 PM EDT
Whole Foods Shakes Up Board as Key Sales Figure Falls Again
Whole Food Markets on Wednesday announced a shakeup of its board and named a new CFO as it works to turn around its struggling business, which has seen seven straight quarters of same-store sales decline.
Wednesday, May 10, 2017 at 02:48 PM EDT
Federal Government Records $182.4 Billion Budget Surplus
The federal government ran the second highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments.
In its monthly budget report, the...
Wednesday, May 10, 2017 at 05:41 PM EDT
Snap Plunges on First Earnings Report as Public Company
Snap, parent company of social media site Snapchat, reported quarterly financial results for the first time on Wednesday, posting revenue that missed estimates and slower-than-expected user growth.
Wednesday, May 10, 2017 at 09:02 AM EDT
Amazon Fires Back at Wal-Mart, Lowers Free Shipping Minimum
Amazon has lowered its free shipping threshold from $35 to $25, undercutting Wal-Mart by $10 and escalating a battle between the the e-commerce giant and the largest big-box retailer, CNBC reported.