Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
All Eyes On Facebook's Mobile Growth And Graph Search Progress Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
Discover Pushes PayPal Payments; First Data Holds Out Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
Hobby Lobby taking over empty Bed Bath & Beyond space in NJ Because the Union-based company’s stores tended to occupy prime units at destination retail properties, the locations are generating strong interest from national, regional and local players. 04/25/2024 - 12:11 pm | View Link
San Francisco's MUNI light rail in the city's Sunset District neighborhood. Lloyd Lee/BITesla tested its Full Self-Driving in San Francisco's Sunset District, The Information reported. An ex-Tesla employee told the outlet that the car often hesitated to make a left turn in the area. These are some of the roads in the neighborhood Tesla could have had to deal with.
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreSaul 'Canelo' Alvarez. Photo by Getty ImagesThe long-awaited boxing match between Canelo and Munguia is finally here, and we've put together everything you need to know about tuning in live to see if Canelo can hold onto his titles.
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreOpponents Alexandre Pantoja of Brazil and Steve Erceg of Australia face off prior to the UFC 301 at Sugar Loaf on April 29, 2024 in Rio de Janeiro, Brazil. Photo by Buda Mendes/Zuffa LLCIt's time for UFC 301, which will see Brazilian Alexandre Pantoja defend his title against Australian Steve Erceg.