Asians Will Buy More Diamonds Than Americans By 2020: Report
A new survey predicts by 2020 Chinese and Indians will together buy more of the precious rock than Americans.
Swiss Bank UBS Gets Slapped With $1.5B Fine In Libor Scam
The Swiss bank is expected to announce it will pay a $1.5 billion fine Monday in the Libor scandal.
AirAsia, SkyWest And Delta Order Fuel-Efficient Jets From Airbus, Mitsubishi And Bombardier
Airbus, Mitsubishi and Bombardier secured $15 billion worth of orders this week for greener, cheaper-to-fly jets.
'Fifty Shades Of Grey' Makes Holiday Gifts A Little More Erotic For Some Revelers
It seems the “Fifty Shades of Grey” phenomenon is having an effect on gift buying this holiday season.
November 2012 US Retail Sales: Auto Sales Lifted Otherwise Weak Spending
The U.S. Commerce Dept. will release Nov. sales figures on Thursday likely showing auto purchases boosted the monthly total.
Costco Wholesale Corporation Earnings Preview: Continued Growth For Wholesale Club
Solid sales growth and rising memberships and fees are expected to boost the wholesale club's 2013 first fiscal quarter profit.
India Retail: Nationalist MPs Say Wal-Mart's DC Lobbying Amounts To Bribery
Opponents of foreign big-box retail in India claim Wal-Mart's engagement with Capitol Hill amounts to corruption.
What Happened To Your Instagram Photos On Twitter? Competition Happened
The popular photo-sharing service has replaced its images with links in Twitter feeds, a move to boost Instagram's web profile.
Union Stronghold Michigan Just Got A Little Less Union-y
With the Michigan vote, U.S. states are divided almost equally on right-to-work legislation.
This Week In Best Buy Fiascos: Jury Orders Company To Pay $27 Million In Trade Secret Suit
As if the beleaguered electronics retailer doesn't have enough problems. L.A. startup wins in trade-secret theft lawsuit.
FDI In India Retail: Parliament Backs Delhi's Move To Let States Decide On Foreign Retail Competition
India's parliament backed premier Singh's move to let states decide whether to allow transnational retail companies into their markets.
Help Wanted: Careers Most Likely To Land You Work Right Now (Hint: It's Not Journalism)
Network administrators wanted in Columbus, logisticians in Oklahoma City ... here are the most in-demand jobs and where they are.
Green Monday Forecast: Online Buying Spree Will Break Last Year's Record
The Monday after Thanksgiving might be the biggest day for online shopping, but the second Monday in December is right behind it.
Wal-Mart Would Love To Have A Banking License, But It Doesn't Necessarily Need One
Wal-Mart has longed to get into U.S. banking, but even without a charter it could expand its offers.
Asians Just Really Aren't That In To Champagne. Scotch, On The Other Hand...
Celebrating something in Asia? Forget the fluke of bubbly; whip out the tumbler of Scotch instead.
Baxter International Paying $4B For Sweden's Gambro As The US Company Boosts Its Dialysis Business
Baxter Intl. is buying Gambro to meet the growing need for dialysis among the world's expanding middle class, whose members enjoy a relatively richer diet but also a higher risk of kidney ailments.
November 2012 US Vehicle Sales: It Was A Very Good Month
Why did cars fly out of showrooms in November? More confidence, more options, more incentives and more need.
Ford's November 2012 Sales Climb On A 52% Jump In Hybrid Sales
Ford reported that consumers have continued to gravitate to the Dearborn-based company's fuel-efficient hybrid vehicles.
Fiat, Owner Of Chrysler, Reports Best November U.S. Sales Since Recession
Chrysler Group LLC, a subsidiary of Italian company Fiat S.p.A. (Milan: F), reported November 2012 U.S. sales of 122,565 units, a 14 percent rise from last year, the best November since 2007 and the 32nd consecutive month of year-over-year gains.
November 2012 US Vehicle Sales Expected To Be Highest In Years
November U.S. vehicle sales are estimated to have risen by about 12.7 percent over last year.
Best Buy Founder Struggling With Partners In Buyout Deal: Report
The latest in the ongoing saga of the Best Buy takeover quest: Schulze's partners are reportedly seeking a larger stake.
Chinese Retail Industry: Yum Brands, Tiffany Feel Asian Giant’s Slump
Chinese consumers reeled back on uncertainties, hitting retailers with heavy exposure to the market.
Calif Port Strike Enters Day 4, Cost Estimated At $1B/Day
A small group of clerical workers, aided by the Longshoremen, has managed to shut down about 40% of nation's cargo traffic.
US November 2012 Same-Store Sales Roundup: Blame The Weather
Hurricane Sandy, winter storm hit November retail sales. Online sales and layaway buys will register next month.
Gold's Mysterious Sell-Off Shrugged Off By Wall Street
Whatever the reason for gold's unexpected Wednesday sell-off, very few analysts see more downside and some actually see strength.
US Small Retailers Could See Sales Shrink This Year: Survey
Larger retailers have seen robust sales growth this past year, but for smaller job creators, the post-recession rebound may have ended.
FDI In Indian Retail: Minister Says Gov't Confident Of Parliamentary Support
Minister says gov't has the votes to prevent a showdown on allowing the likes of Wal-Mart and IKEA into subcontinent.
Saudi Military Attaché Gunned Down During His Commute To Work In Yemen
Assassination of Saudi military attaché on Wednesday just another red flag in Yemen's growing militant problem.
EU Budget Battle Ends As 'Givers' and 'Receivers' Can't See Eye-to-Eye
European Union budget talks collapse as "givers" and "takers" fail to agree on spending cuts.
Wal-Mart’s Black Friday Protests Do Little To Stop Shopping Spree
Despite Black Friday protests, Wal-Mart says it sold 5,000 items a second on Thanksgiving evening, before the big day began.