New Best Buy CEO Shuffles Top Execs As Deadline For Buyout Looms
Best Buy trims leadership, warns of dismal 3Q and calls a meeting with shareholders as founder's buyout-offer deadline approaches.
Amazon Hiring 50,000 Temp Workers As Shoppers Move Online
Amazon, the largest Internet retailer, said it will hire more than 50,000 seasonal workers at its fulfillment centers across the U.S.
Asian Stocks Rise On Upbeat US Data
Most of the Asian stocks gained Tuesday with investor sentiment turning positive as a rise in the U.S. retail sales indicated an improvement in consumer confidence in the world’s largest economy.
US Retail Sales Numbers Indicate Consumer Spending Slump May Be Ending
Better-than-expected U.S. retail sales is happy news for retailers, but can it last with near 8% unemployment?
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iPhone 5 Release Date Sees Launch Of 5 New Apple Stores Around The Globe
To celebrate the release date of the all-new iPhone 5 this Friday, Apple will also open five brand-new retail stores that very day in five different countries, including cities in Spain, France, Italy, and Germany. Apple will begin selling the iPhone 5 at 8 a.m. sharp local time in all 390 of its worldwide stores, but five of those stores will be opening their doors for the very first time. Here's a little bit about each of the five Apple Stores set to open later this week. iPhone 5 Release D...
Retailers Begin Unveiling Annual Seasonal Hiring Numbers
It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.
Coalition Partner Withdraws From Indian Government Over Economic Reform Plans
Mamata Banerjee, the chief minister of the state of West Bengal, declared that her party, the All India Trinamool Congress ? currently the second largest segment of the ruling United Progressive Alliance (UPA) coalition ? could no longer cooperate with the UPA.
New Playstation 3 Model Allegedly Near Release
IGN is claiming that a new, slimmer Playstation 3 will be announced by Sony at the Tokyo Game Show.
Apple iPhone 5 Features: A6 Chip Beats All Previous iOS Devices, High-End Android Phones In Performance Tests
Apple fans and phone enthusiasts alike are looking forward to this Friday, the day Apple will finally release its all-new iPhone 5 out into the wild. With pre-orders for the new iPhone selling out in record time, users can't wait to get their hands on all the new features the iPhone 5 has to offer. The iPhone 5 is the first Apple device to run on the company's custom-built A6 chip, which is 22 percent smaller than the A5 and A5X chips found in the iPad 2, iPad 3, Apple TV 2 and iPhone 4S, ...
India's Consumer Price Inflation Touches 10.03% in August
India's retail inflation rate increased to 10.03 percent in August from 9.86 percent recorded in July, mainly driven by higher food prices, according to the data released by the Ministry of Statistics and Program Implementation.
Samsung Galaxy S4 Release Date Tipped For Early 2013; Galaxy S3 Successor Rumored To Feature Larger Screen
The tech world is still buzzing over Samsung?s Galaxy S3, but a new rumor suggests that its successor, the Galaxy S4, will have a February 2013 release date. The next-generation flagship smartphone is said to be unveiled at a European technology expo this winter, company officials and local parts suppliers said to the Korea Times.
Starbucks Japan Gets On The Pop-Up Cafe Bandwagon
The world's largest coffee chain has opened a tiny pop-up cafe in a fashionable Tokyo district with an odd ordering process.
Apple's iPhone 5 Release Shatters Sales Records, Called The 'Rolex Of Smartphones' By Analyst
Apple?s iPhone 5 has been called one the most anticipated smartphone launch in history, and the device?s pre-order numbers have proven this to be true. After completely selling out in just one hour on Sept. 14, the iPhone 5 set a new pre-order record for both AT&T and Apple.
Asian Stocks End Mixed; Shanghai Tumbles 2.14%
Asian stock markets ended mixed Monday after they rallied to a four-month high in the previous session following the U.S. Federal Reserve's move to boost growth in the world's largest economy with a third round of bond purchases.
US Stock Futures Signal Lower Open After Rally On Fed Decision
The U.S. stock index futures point to a lower open Monday after the rally seen last week following the announcement of the Federal Reserve's plan to buy mortgage securities.
Reserve Bank Of India Cuts CRR By 25 Basis Points, Keeps Other Key Rates Unchanged
In a surprise move, the Reserve Bank of India Monday cut the cash reserve ratio by 25 basis points while keeping the other key rates unchanged in its Mid-Quarter Monetary Policy Review 2012.
India's 'Big Bang Friday' Reforms Might Just Stick
There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.
Malware Infects PCs Even Before They Reach Retail Shops, Says Microsoft Study (VIDEO)
A new study conducted by Microsoft dubbed Operation b70, from Aug. 2011, shows that several computers carry malware installed in the factory, BBC News reported.
Something For Nothing: How The Videogame Industry Is Adapting To A 'Freemium' World
As traditional video games companies like Electronic Arts and Activision Vision struggle to find their way in the free-to-play Internet-based gaming environment, "freemium" companies like Zynga and Kixeye continue to seek the new Holy Grail: monetizing online games.
Fear And Latex In Los Angeles: Will The Porn Industry Be Forced To Use Condoms?
An AIDS advocacy group wants Los Angeles County to make sure all actors in pornographic films wear condoms, but the porn purveyors are overwhelmingly against it. A California ballot initiative will decide who prevails.
Apple iPhone 5 Release Date Approaches: Of Verizon, AT&T, Or Sprint, Which Is The Best Carrier For LTE Coverage?
Apple's first batch of pre-orders for the new iPhone 5 came and went on Friday, but even though the online Apple Store, AT&T stores and Verizon's retail stores are sold out of their initial pre-order stock, there are still thousands of customers dying to get their hands on Apple's latest smartphone innovation. Yet, one thing customers want to know about iPhone 5 before its release date next Friday is about which carrier to choose. Which carrier has the best overall coverage? Which carri...
India Opens Gates To Foreign Retailers, Broadcasters, Airlines Amid Slowing Economy
The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.
![Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]](https://d.ibtimes.com/en/full/750362/apple-iphone-5-already-sale-complete-set-components-sells-199-china-pictures.webp?w=385&h=257&f=8f7523134465efae7f19bed20c7eeaa2)
Apple iPhone 5 Pre-Orders Delayed Two Weeks From Release Date: Is Online Ordering Worth The Price Of Waiting?
One hour after pre-orders for the new iPhone 5 went live on Apple's website Friday morning, shipping estimates from the online Apple Store have already been delayed to two weeks for customers in the US, UK, Germany, Canada and Australia. Currently, any new iPhone 5 purchases will likely be shipped and delivered two weeks after the iPhone 5's actual release date on Sept. 21, by Friday, Oct. 5.
Apple iPhone 5 Pre-Orders Sell Out Within An Hour; Handset Shipment Dates Slip To Two Weeks
Just within an hour of the Apple (AAPL) iPhone 5 pre-orders going live, shipment dates for the new orders dropped to two weeks in the U.S., U.K., Canada, Germany and Australia, MacRumors stated.
FedEx, General Mills, Oracle, Adobe: Earnings Reports To Watch, Sept. 18-21
Analysts expect companies in the S&P 500 to post negative revenue growth rate in the third quarter. Meanwhile, profits are expected to fall 2 percent.
Forget His JCPenney Work - The Gap Hired Michael Francis For His Time At Target
To help figure out why The Gap hired Michael Francis, it's better to ignore his brief time as president of beleaguered J.C. Penney and look to his prior experience at Target.
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