GE Capital, the financial services division of General Electric Co. (NYSE: GE), announced today that its wholly-owned bank affiliate, GE Capital Financial Inc. is acquiring MetLife Inc.'s (MET) U.S. retail deposit business as GE moves into online banking.
Moran Zhang
Dec 27, 2011
Poor holiday sales at Sears and Kmart across the country are causing the Sears Holding Corp. to close between 100-120 of its over 4000 stores.
Amir Khan
Dec 27, 2011
FBR Capital Markets said that according to its store checks over the Christmas weekend, promotions at the mall continue to be aggressive.
Balasubramanyam Seshan
Dec 27, 2011
Sears Holdings Corp. (SHLD) said Tuesday it will close as many as 100 to 120 Kmart and Sears Full-line stores after holiday sales of consumer electronics and apparel declined in the U.S.
Moran Zhang
Dec 27, 2011
Italy's antitrust body has fined units of U.S. technology group Apple Inc a total of 900,000 euros for failing to adequately inform customers about their rights to product guarantees and assistance.
IBT Staff Reporter
Dec 27, 2011
European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
Joseph Lazzaro
Dec 27, 2011
Despite the weak economy, Americans are ever willing to splurge especially with e-commerce making waves this year.
ambrosia sabrina
Dec 27, 2011
Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season.
IBT Staff Reporter
Dec 26, 2011
After Christmas sales might be well under way, but it is not too late for those who slept in on Monday. All-day online sales are available from some of the most popular retailers like Target, BestBuy and Staples.
Cavan Sieczkowski
Dec 26, 2011
Retailers were bracing for a busy day on Monday, as a day off for many Americans and warm, dry weather were expected to entice shoppers looking for deep discounts.
IBT Staff Reporter
Dec 26, 2011
Best post-Christmas sales at some of America's favorite retailers including Staples, JCPenney and Kohl's.
Cavan Sieczkowski
Dec 26, 2011
Walmart may have been closed on Christmas day, but its after Christmas sale has begun with incredible discounts.
Ceylan Yeginsu
Dec 26, 2011
After Christmas Sales 2011: Walmart, Best Buy, Target's Best Holiday Shopping Deals
Aditi Mathur
Dec 26, 2011
Is Walmart open on Christmas? The many eager shoppers who took to Google to find out Walmart's Christmas store hours might be downtrodden.
Cavan Sieczkowski
Dec 25, 2011
The best after-Christmas sales from favorite retailers like Barnes & Noble and BestBuy.
Cavan Sieczkowski
Dec 25, 2011
As Congress debates the Stop Online Piracy Act and Go Daddy suffers for its early support, many Americans still don't know exactly what SOPA bill is or how it would affect their day-to-day lives. Here, read a complete and easy-to-grasp guide of the controversial bill and why it's so dangerous, from why it's supported to the threat of censorship it poses.
Melanie Jones
Dec 25, 2011
Sometimes, New York feels like its own country. Even as the rest of the U.S. struggles in the face of a down housing market, the New York of 2011 saw skyscrapers charge ever upwards, with pricing inevitably following. It is truly the global city, with developers, buyers and architects from around the world gathering to shape the future. Here are five of the biggest developments of 2011.
Roland Li
Dec 24, 2011
Nokia's best high-end smartphone - the Lumia 800 - which is the fruit of its partnership with Microsoft is rumored to hit the U.S. market in January 2012. It will, however, face heavy competition from Samsung's Galaxy S2 Skyrocket, which has more specifications when compared to Lumia 800.
Balasubramanyam Seshan
Dec 24, 2011
Enfamil Pulled from Shelves: Alternative Infant Feeding Formulas
Aditi Mathur
Dec 24, 2011
Canada's economy stalled in October after four consecutive months of growth, pointing to a fourth-quarter slowdown as increasing global uncertainty mutes expectations for next year.
IBT Staff Reporter
Dec 23, 2011
As consumers exchange gifts for the holidays, many will be underwhelmed and dissatisfied with the gifts their friends, family and co-workers have given them. Stores have different policies on returns, so to help your post-holiday shopping woes we offer you seven helpful tips to remember to be sure you can return unwanted gifts with minimal hassle after the holidays.
Julia Greenberg
Dec 23, 2011
Sometimes, a great Christmas prank is better than a good Christmas gift. One person wrapped their brother's Christmas present in nine layers of plastic, ice, metal and tape.
Dave Smith
Dec 23, 2011