5 U.S. Companies Laying Off The Most Workers This Year
Collectively, the top five pink-slippers this year are cutting a staggering number of jobs.
Canada Pays More For Consumer Items, Thanks To A Strong Loonie, High Minimum Wage And Fuel Costs
Canada can blame the loonie and high fuel and labor costs for its roughly 10 percent price gap with the U.S.
Women Holding The Global Purse Strings: Janet Yellen To Make It A Trifecta Of Women Ruling World Economy
Janet Yellen joins Angela Merkel and Christine Lagarde atop the world's economy.
Jack Dorsey Almost Worked For Facebook (FB) And Is Kind Of A Cold Backstabber: Book
An upcoming book about Twitter's founding, linked with its upcoming initial public offering, sheds new light on the social network's inception.
How Chuck Hagel Plans To Recall Civilian Defense Workers
The defense secretary interpreted a law enacted last week to bring back civilian staff.
Navy SEAL Team Seizes Somali Shabab Militant
U.S. Navy SEALs raided a seaside villa in Somalia in retaliation for the Kenya attack.
ANALYSIS: Where Sotheby's Went Wrong -- Daniel Loeb Of Third Point Wants To Topple An Out-Of-Touch Imperial CEO
It's worked at Yahoo, but can Daniel Loeb "save" Sotheby's by ousting Chairman and CEO William F. Ruprecht?
Meet The Reuters Columnist Who Predicted The Bill Gates Coup At Microsoft
Reuters' Robert Cyran wrote a column last week urging Bill Gates to step down. Yesterday, investors heeded his call.
Caterpillar Inc. (CAT) Ups Prices, But Probably Only In Developed Economies
Caterpillar is upping its prices in Europe, Japan and the U.S. but probably not in Latin America and Asia.
Icahn Pushes Apple CEO On $150B Buyback Plan, Will Continue Talks In Later This Month
The activist investor tweeted that he pushed CEO Tim Cook on the massive buyback program at dinner last night.
Merck (MRK) Laying Off Another 8,500 Employees As Patents Expires, Expects Big Charge Against Q3 Earnings
Merck's latest layoffs are coming from both marketing and research and development.
How Al Qaeda Wants To Use The Government Shutdown Against The US As House GOP Furthers The Fight
Fareed Zakaria talks about al Qaeda’s perception of U.S. weakness as the government shutdown looms.
House GOP Wants Obamacare Delayed One Year, Medical Device Tax Repealed To Avoid Government Shutdown
Will the U.S. Senate accept the House Republicans’ bill to delay Obamacare?
House Republicans Meet To Discuss Strategy For Government Shutdown
The House GOP met on a Saturday to discuss their plan to hash out terms for a bill to avoid a government shutdown.
J.C. Penney's (JCP) Future Remains Uncertain As Stock Price Volatile On New Stock Offering
The department store bucked previous reports and offered 84 million shares of common stock. What’s next?
Maersk (MAERSK-B), Predicting End To Euro Zone Crisis In Two Years, Strikes Cost-Saving Deals In Meantime
Maersk has struck a deal with its rivals in an unusual cost-cutting deal.
Why Wal-Mart (WMT) Should Engage Its Detractors On Facebook
As holiday hiring season nears, Wal-Mart would be wise to distract potential employees from negative stories about reported low wages.
Why These 25 Retail Brands Are Dominating On Facebook (FB) -- Even If Some Aren't Balance Sheet Standouts
Wal-Mart Stores has a hefty Facebook presence -- but it remains unclear if that translates to its bottom line.
J.C. Penney (JCP) Says It's Fine After Goldman Sachs Suggests Betting On Its Demise
After Goldman Sachs issued a note encouraging investors to bet on J.C. Penney's demise, the retailer said it was recovering.
JPMorgan Chase (JPM) Could Settle Mortgage-Backed Securities Cases For $11B: Report
However, talks between the bank and state and federal officials could fall apart over the next week.
Why Are Aeropostale (ARO), American Eagle (AEO) And Abercrombie (ANF) Making Gains On Facebook Amid A Sales Slump?
Aeropostale, American Eagle and Abercrombie are seeing an uptick in Facebook fans, even though they're seeing a decrease in teen shoppers.
4 Takeaways From USA Today's Softball Interview With Amazon (AMZN) CEO Jeff Bezos
Jeff Bezos sheds some light on the Washington Post's potential future and addresses other media rumors.
Why, In Post-Berlusconi Italy, The Government Won't Block A Telefónica-Telecom Italia Merger
It's Brazil's regulatory body, not Italy's that Telefónica has to worry about.
Despite Its Emmy Win, Disney CEO Doubts Netflix's Future
Disney's CEO doubts Netflix's ability to compete.
Why Moody's Upgrade Of CVS Caremark (CVS) Heralds Pharmaceutical Giants' Woes
The rating raise comes a year after the so-called “patent cliff,” when patents on many branded drug offerings expired, opening the market to cheaper generic equivalents.
Migrant Chinese Driving Airbus Sales Over The Next 20 Years
Domestic air travel in China will be the driving force in Airbus sales during the next 20 years.
3 Reasons Telefonica (TEF) Is Buying A Controlling Stake In Italy's Telco
The Spanish telecom giant wants to boot the competition out and salvage a strong company.
What The Fox Say? How Twenty-First Century Fox Bought The Best Viral Marketing Opportunity -- Ever
Fox Broadcasting Co. tells IBTimes how it quickly capitalized on a Norwegian viral comedy hit.
Holiday Shopping 2013: Why Retail's Holiday Hiring Binge May Fall Short This Year
The latest forecast for the U.S.' 2013 holiday seasonal hiring is disappointing.
Pakistani Political Party Demands An Apology - Or $10M - From The New York Times
Reporter Declan Walsh was kicked out of the country on the eve of May's elections -- now he's drawn the ire of a violent political party in Karachi.
