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People shop in the newly opened Hennes & Mauritz (H&M) store in Moscow

Hennes & Mauritz Issues Gloomy Outlook

World No.2 fashion retailer Hennes & Mauritz (HMb.ST) said a gloomy economic outlook would keep demand subdued this year and discounting to shift unsold stock, which led to a surprise drop in fourth-quarter profit, had continued into January.
People walk past a JC Penney advertisement in a subway station in Manhattan New York

J.C. Penney Permanently Slashing Prices by 40%

J.C. Penney Company Inc. (NYSE:JCP), run by Apple Inc.'s former retail chief, is permanently marking down all of its merchandise by at least 40 percent so that shoppers no longer have to wait for a sale to get the best bargain.
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Apple's iBooks 2 for iPad has been downloaded 350,000 times in its first 3 days. There's a reason why users are downloading this app at such a high rate: The education industry has been needed this app for a long time.

Apple iBooks 2: Why Users Downloaded 350K in 3 Days

Apple's iBooks 2 for iPad has been downloaded 350,000 times in its first 3 days. There's a reason why users are downloading this app at such a high rate: The education industry has been needed this app for a long time.
Jobseekers pass their resumes to representatives from Foxconn at a job fair in Zhengzhou

iPhone: Why Can't it be 'Made in U.S.A.' ?

If you look at the back of any iPhone, you're likely to come across the words, Designed by Apple in California. Assembled in China. Indeed, from the very first generation iPhone to the latest iPhone 4S, the world's most popular smartphone have come to be made in China and not in the U.S. An analysis, based on interviews with Apple's former and current executives and employees at Apple's supply chains and manufacturing experts by The New York Times, has now revealed why the wo...
Apple unveiled iBooks 2 on Thursday, which allows users to buy and read full school textbooks on their iPad. The free app is easy to navigate, search, take notes, and create study materials.

Apple iBooks 2: A Guide to the Free Textbook App

Apple unveiled iBooks 2 on Thursday, a sequel to its popular book and PDF reading application that now accommodates textbooks on the iPad. Here, we provide a guide to what you'll find in the new free app, and explain why iBooks 2 really is the future of textbooks.
Men ride their horse carts past an umbrella with a Vodafone logo on a road in Jammu November 21, 2011.

Vodafone Wins India Tax Battle, Shares Rise

Vodafone Group Plc won a $2.2 billion legal battle against India's tax office in a Supreme Court ruling that analysts said would encourage foreign investment and clear the way for the company's planned initial public offering in India.
Vodafone India

Vodafone Wins $2.2-Billion Tax Bill Battle

The Supreme Court ruled in favor of Vodafone Group Plc in its fight against a $2.2 billion tax bill, a decision analysts said would encourage foreign investment and clear the way for the company's planned initial public offering in India.
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Amazon's India launch may be limited: report

Amazon.com Inc's highly anticipated entrance into India's retail market may be limited to operating an online marketplace for other merchants, the Times of India reported Thursday.

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