Tiffany & Co and Signet Jewelers Ltd saw holiday sales rise as shoppers began splurging on luxury items again and both jewelers said their profits should top expectations.
Stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
KB Home posted its first profit in almost three years on Tuesday, beating Wall Street estimates, but its shares fell as orders for its new line of smaller, cheaper houses came in lower than expected.
GM Europe's GM.UL Vauxhall and Opel car sales may fall as much as 5 percent in 2010, as tentative signs of economic recovery are offset by the end of scrapping incentive schemes, its CEO said on Tuesday.
St.John this week launched a new spring 2010 print advertising campaign starring British model Karen Elson, 30, a redhead who is married to White Stripes singer Jack White.
U.S. stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
U.S. banks with compensation plans that encourage risk-taking would have to pay more for deposit insurance under a plan floated by the staff of the Federal Deposit Insurance Corp on Tuesday.
The Canadian dollar is continuing to reverse the gains it made in the first week of 2010 against the dollar. The Canadian dollar rose from a low of 1.0576 on December 30 to a high of 1.0249 yesterday at 3 a.m. London time on rising stock and oil prices and prospects of a worldwide economic recovery.
U.S. stocks fell on Tuesday, dragged lower by Alcoa Inc's worse-than-expected results and a warning from Chevron Corp that its fourth-quarter earnings will drop.
Recruitment in Europe was unchanged in December compared to the preceding month as increased demand in the legal and public sector offset a fall in the production and construction sector, a survey showed on Tuesday.
Infosys Technologies, the country's No.2 outsourcer, raised its annual sales forecast as big financial services clients boost orders in an improving global economy, pointing to an industry recovery.
Pakistani society is likely to become more Islamist and increasingly anti-American in the coming years, complicating U.S. efforts to win its support against militant groups, a report released on Tuesday said.
The city's Health Department announced on Monday that it is coordinating a nationwide effort to reduce salt in restaurant and packaged foods by 25 percent over five years.
North Korea will not return to nuclear disarmament negotiations unless the United States agrees to peace treaty talks and lifts sanctions, a senior North Korean diplomat said on Tuesday, leaving little room for compromise.
Prime Minister Tony Blair told U.S. President George W. Bush in 2002 that Britain would back military action if diplomatic efforts to disarm Iraq's Saddam Hussein failed, his former communications chief said on Tuesday.
The study, of more than 1,000 non-food retail stores across the U.S., found that 41 percent sold candy, soft drinks, chips and other sweet and salty snacks. The foods were most commonly placed at check-out counters, where they were within arm's reach of impulsive buyers, the researchers report in the American Journal of Public Health.
The federal government earned a grade of A for giving the Food and Drug Administration power to regulate tobacco, including how companies market, manufacture and sell tobacco products, the advocacy group said in its annual report card on tobacco control.
The leader of the biggest U.S. labor federation warned President Barack Obama on Monday that failure to act quickly on unemployment would be suicidal and would put the Democrats' control of Congress at risk.
The U.S. trade deficit ballooned in November, as the price of imported oil jumped more than $5 per barrel and as revived consumer and manufacturer demand pushed imports to their highest in nearly a year.
China's second-largest online game company Shanda Games made its first U.S. acquisition on Tuesday, buying online game firm Mochi Media for $80 million, to advance its global ambition and consolidate its position in an increasingly competitive Chinese market.
A remote-controlled bomb killed a Tehran University nuclear scientist Tuesday, state media reported, in an attack which Iran blamed on its two arch enemies, the United States and Israel.
Fewer U.S. home sellers cut listing prices on their homes for a second straight month in December as home sellersrush to beat rising interest rates and an expiring tax credit, real estate website Trulia.com said on Tuesday.
