Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moved to the web.
U.S. fast-food workers went on strike and protested on Tuesday in support of a $15-an-hour minimum wage and union rights in a campaign they hope will catch the attention of candidates in the 2016 elections.
Attention Kmart shoppers: the struggling discount chain is bringing back the “Bluelight Special” in the hopes the iconic marketing approach it pioneered decades ago will breathe life into its stores and online sales.
Billion-dollar companies aren’t immune to market turmoil. The tech world calls them unicorns — privately held companies valued at $1 billion or more.
The first Tesla Model X SUVs have been delivered to six lucky customers. Elon Musk handed over the keys Tuesday during an event near the automaker’s factory in Northern California.
Volkswagen, the world’s biggest automaker, is in crisis over its rigging of diesel engine emissions tests in America and Europe.
Hurricane Katrina wiped out the nation’s third-largest gaming market along the Mississippi Gulf Coast 10 years ago today, washing away 13 casinos and 17,000 gaming industry jobs. Some casino workers, who lost their homes and all their possessions, left the Gulf Coast forever.
McDonald’s Corp and Tyson Foods both severed ties on Thursday with a Tennessee farm where workers were seen stabbing, beating and stomping on chickens in an undercover video shot by animal rights activists.
Technology and diversity are the key to a strong corporate America, says Apple CEO Tim Cook, which is why his company is giving iPads and Macs to public schools around the country.
More than a thousand taxi drivers protested in Rio de Janeiro on Friday against ride-sharing company Uber [UBER.UL], blocking roads and stalling traffic during morning rush hour as tensions rise in the city over the mobile app ride service.
Buckle up, baby. Volvo Cars debuted a new concept for their luxury, family-friendly vehicles — a swivel child seat built into a console that sits where the front passenger seat would normally be.
Greek banks will remain closed on Tuesday and Wednesday and a daily limit on cash withdrawals will stay at 60 euros, the head of the Greek banking association said.
Twitter Inc Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company’s slow user growth and inability to attract advertisers at the same rate as its competitors.
U.S. Justice Department investigators have identified criminal wrongdoing in General Motors Co’s failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.
The chairman of solar panel firm Hanergy lost $15 billion on Wednesday when shares in the company plummeted 47% in Hong Kong trading — in about an hour. The company saw $18.6 billion wiped off its market value.
