Hubert Joly, the new CEO of Best Buy Co. Inc. (NYSE: BBY), is going to spend his first week on the job pulling the old king-as-commoner routine, donning the company's uniform and working a few of the showrooms.
Bellevue, Wash.-based Valve, the software developer behind the critically-acclaimed Half-Life series, the Steam network for distributing games and the Source engine, is reportedly interested in building hardware. Valve, which was founded by two former Microsoft employees in Gabe Newell and Mike Harrington, added a job posting to its site on Tuesday morning for an industrial designer.
Organic foods are as good as conventionally grown foods except for the lower level of pesticides in food items. However, pesticide levels in conventional foods are within permissible limits, according to a new study conducted by the Stanford University.
Labor Day 2012 is finally here, marking the end of summer and bringing in the autumn season. The national holiday is a time for a lazy break from work, a final summer barbeque and major retail sales.
With India's economic growth faltering as a result of weak governance, policy paralysis and opposition to reforms, investors feel the urgent need to push for plans to allow foreign direct investment in financial sector and multi-brand retail trade.
Ever since Miss China Wenxia Yu was crowned Miss World Aug.18, she has come under flak for jury favoritism. Even the host city Ordos is not spared as reports of economic woes and subtle attempts to refurbish its image surface amid its ongoing attempts to win international recognition.
Fast-food franchise owners say the Affordable Care Act could virtually put them out of business with its requirements that they provide health-care coverage.
Newsweek set off a firestorm earlier this month when it published a divisive cover story by Niall Ferguson entitled "Hit the Road, Barack," in which the author claims that the Romney/Ryan ticket is our nation's only hope for prosperity.
IBTimes gets a sneak peek of Czar by Cesar Galindo ahead of Mercedes-Benz Fashion Week in New York. Meet the designer in his studio and get an exclusive look at his Spring 2013 collection before it hits the runway.
Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.
After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.
Most of the country's largest merchandisers on Thursday reported solid same-store sales this month.
Sears Holdings Corp. (Nasdaq: SHLD), which revolutionized retail in the 20th century with its mail order catalogs. will be removed from the S&P 500 Index at the end of Sept. 4, according to Standard & Poor's, after struggling to lure consumers amid the weak economy.
Sony unveiled an upgraded version of its Android tablet and three new Ice Cream Sandwich smartphones Wednesday at IFA 2012 in Berlin.
Can Richard Schulze, the 71-year-old founding CEO of Best Buy Co. (NYSE: BBY) put his money where his mouth is? Can he fork up billions from private eqiuity behemoths like KKR (NYSE: KKR)?
Asian stock markets declined Thursday as the disappointing Japan retail sales data and the fading hopes for fresh measure by the Fed Reserve weighed on the sentiment.
The Nikkei share average plunged Thursday on concerns that Ben Bernanke, the U.S. Federal Reserve chairman, will not announce imminent stimulus from the Fed in a key speech on Friday.
Asian markets fell Thursday as investors' concerns about the weakening global economy was revived by the declining Japanese retail sales and disappointing South Korean manufacturers' confidence data.
Victoria's Secret Stores Inc. and their parent company, Limited Brands Inc., are being sued by Zephyrs for $15 million since they have allegedly been "knockoffs" to their own customers, according to WWD.
Eurogamer details the contents of Treyarch’s upcoming “Call of Duty: Black Ops 2” special editions, currently available for pre-order at various retail outlets.
10 years after its initial publication, "Harry Potter" is still being banned in some communities for allegedly promoting unchristian-like values. Medowie Christian School, a co-ed K-10 school in New South Wales supported by the Medowie Baptist Community Church, is the latest school to take issue with the popular fantasy series; the Potter series has not only been banned from their school's library, but students participating in a recent parade for "Book Week" were also forbidden f...
The Romneys love Costco, whose co-founder is a major backer of Barack Obama. The political leanings top executives gives no credence to the idea one party is the party of big business.
