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Europe's largest bank is facing a record fine of 10.5 million pounds ($16.4 million) for inappropriately advising over 2,000 elderly customers about bond investment between 2005 and 2010.The bank is also likely to pay another 29.3 million pounds in compensation to victims, according to Reuters.

Apple on Monday announced that it will open a retail store in Grand Central Station at 10 a.m. on Friday.

Break out the bubbly, Michael Kors is going public, with an IPO valued at $3.6 billion.

U.S. non-manufacturing sector expanded for the 24th consecutive month in November, but at a slightly slower rate, according to a closely watched index released Thursday.

Mobile phone applications that allow online shopping on the move could give battered British retailers something to cheer about in what is otherwise set to be one of the toughest Christmas trading periods for years.

The Galaxy Nexus continues to tease U.S. hopefuls after the phone appeared with Verizon's logo at the Samsung Experience in New York City on Saturday.

India has put a plan to open its retail industry to foreign supermarkets on hold, a senior government source said Sunday, an embarrassing turnaround for a beleaguered government fighting to retain the support of key allies.

The government is fooling the country about the benefits of foreign supermarkets, opposition leader LK Advani said.

The nation’s unemployment rate fell to 8.6 percent in November as the economy added 120,000 jobs, the U.S. Bureau of Labor Statistics reported today.

The Metropolitan Transit Authority called an earlier New York Post story on Apple's new store at Grand Central inaccurate.

Cisco Systems Inc is stepping up its push to sell its Cius tablet computers to corporate customers, defying skeptics who say the product is short of the sex appeal and brand recognition it would need to win over the workforce.

The nation's major freight railroads averted the possibility of an imminent strike, which could hit the retail industry hard during the holiday season, by reaching tentative agreements with two labor unions and agreeing to extend talks with a third late Thursday, just hours after Republican House leaders said they would move to vote Friday an emergency bill to block a strike.

Canada's economy unexpectedly lost jobs for a second straight month in November, raising concern that weakness in other countries may do lasting harm to an economy that has so far been surprisingly robust.

When combined with upward revisions to the September (210,000) and October (100,000) job totals, November’s 120,000 job gain, and recent, strong manufacturing and auto sales data, the fundamentals show a U.S. economy that is strengthening. But will Europe's credit markets sap the economy's momentum?

Tablets are now becoming an integral part of our lives and as well as a portable alternative to PCs and laptops.

U.S. added more jobs in November and jobless rate fell unexpectedly to the lowest point since March 2009. Revised data show that hiring in early fall grew faster than initially reported. All signs indicate a moderate recovery in the labor market.

Employment growth picked up speed in November and the jobless rate dropped to a 2-1/2 year low of 8.6 percent, further evidence the economic recovery was gaining momentum.

The top pre-market NASDAQ Stock Market gainers are: Clearwire, Logitech International, Sina, Marvell Technology Group, and Lululemon Athletica. The top pre-market NASDAQ Stock Market losers are: Exelixis, Seagate Technology, Research In Motion, Shire, and Qiagen.

Google is considering a move to take on Amazon with Internet-based, one-day shipping retail shopping, according to a report.

The top after-market NASDAQ stock market gainers are: Mitel Networks, Zumiez, BioMimetic Therapeutics, Zhongpin, PMC-Sierra, and Clearwire. The top after-market NASDAQ stock market losers are: Viacom, Angie's List, Ebix, AVEO Pharmaceuticals, Avago Technologies, and Equinix.

Google Inc is pondering an Internet service to help consumers shop online and take advantage of same-day delivery, hoping to stanch the loss of Web traffic to Amazon.com Inc, the Wall Street Journal reported on Thursday.