RETAIL

Traders gesture at each other while working in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

EIA lifts oil, gasoline price forecast

The U.S. Department of Energy forecasts oil prices to average $105 a barrel in 2011, and said there is a 25 percent chance that gasoline prices will exceed $4 a gallon this summer.

Global Tablet Revenue to Grow to $70 bln by 2014

RBC Capital Markets expects tablet market to reach 185 million units in calendar 2014, up 83 percent compound annual growth rate (CAGR) from 17 million in calendar 2010. RBC Capital forecasts global tablet revenue to increase from $11 billion in calendar 2010 to nearly $70 billion in calendar 2014.
More news
Apple iPad 2 Launch

Rivals Pressured as Apple unveils iPad 2

Just as other tablets began entering the market, Apple earlier this week unveiled the latest iteration of its iconic iPad, dealing what some experts see a death blow to the prospects of rivals.
IBTimes Logo

Analysis: Finally, jobs data showing some consistency

Mystery solved? For the first time in months, the Labor Department's job market assessment matches up with private surveys showing a pick-up in employment that is finally fast enough to put a substantial dent in the unemployment rate.
HP TouchPad

Tablet Shootout: Apple's iPad 2 Vs HP's TouchPad

Apple has just set the specification bar even higher for iPad 2, sticking with the 10-inch display but made it thinner than an iPhone and faster, while also reducing the weight despite adding new hardware.
A PetSmart Store

PetSmart Stock Hits New High On Q4 Results

Shares of PetSmart, Inc. (NASDAQ: PETM) touched a new 52-week high of $43.39 on Thursday. The company reported a 20 percent growth in fourth quarter earnings on Tuesday, helped by more customer transactions and a strong holiday season.
IBTimes Logo

Some retailers' sales beat, but threats loom

Several top retailers posted bigger-than-expected sales gains for February, a show of strength that could dissipate in March as a late Easter and rising gasoline prices take their toll.
IBTimes Logo

Retailers set to beat sales forecasts

Several top retailers posted bigger-than-expected sales gains for February, with some benefiting from rising gasoline prices that threaten to curb shoppers' spending in the coming months.
IBTimes Logo

Monster U.S. online jobs index rises in February

A monthly gauge of online labor demand in the United States rose 4 percent in February compared with the same month a year ago, led by gains in the utilities and retail sectors, according to data released on Thursday.
Germany's Agriculture Minister Aigner talks with EU Health and Consumer Policy Commissioner Dalli during an EU Agriculture and Fisheries Ministers' meeting in Brussels.

Eurozone economy grew 0.3 pct in fourth quarter

Gross domestic product (GDP) of the eurozone grew 0.3 percent in the last quarter of 2010, mainly boosted by exports from the region, according to the second estimates released by Eurostat on Thursday.
IBTimes Logo

Entrepreneurs powering Cleveland makeover

Aaron LeMieux grew up hearing his native Cleveland used as the punchline for jokes such as the mistake on the lake. But the city is attempting to shake its downtrodden image - enhanced by a history of sporting futility - and entrepreneurs like LeMieux are leading the charge.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.