Coca-Cola says the cuts will help "streamline and simplify our structure."
Starboard Value delivered a letter to Yahoo's board expressing concern that the company may be considering a major acquisition.
The closures represent nearly 4 percent of Penney's U.S. stores and will affect about 2,250 employees.
Google may struggle as the company faces a maturing search business, lower margins in other products and competition from Facebook, an analyst said.
The number of Americans filing new claims for unemployment benefits fell last week, adding to signs of a strengthening labor market.
A bet on J.C. Penney catapults CNBC "Halftime Report" trader Jim Lebenthal to first place in the show's trading competition.
NHL Hall of Famer Mark Messier, discusses the "amazing opportunity" playing college hockey, rising popularity of professional hockey and transitioning from hockey pro to coach.
The wind chill could drop temperatures as much as 50 below zero in some parts of the U.S., NBC News reports.
More than 60 percent of the money raised by Bill Gross for Janus Capital came from a Morgan Stanley wealth management office.
It was bound to happen, and now the Raticator brings mobile technology and serious voltage to the world of pest control.
Former CBS chief Mel Karmazin also says media companies must get bigger in order to deal with advertisers and distributors.
A new study shows that even as job-based health insurance prices slow, workers are paying a bigger share of the costs.
There are strategies biz owners can take besides enrolling in a health exchange. Among them: partner with a primary-care provider.
Oil has been falling in recent months, but Jim O'Neill, former chairman of Goldman Sachs Asset Management, predicts prices will end higher this year.
A surge in U.S. gasoline and diesel supplies spells more trouble for oil prices but is good news for consumers.
Billionaire investor George Soros has called on European officials to urgently boost their efforts to support the Ukrainian economy.
The U.S. economy is likely to generate continued job growth, but the outlook for inflation is "more worrisome," a top Federal Reserve official said.
"Mad Money" host Jim Cramer actually suggests buying it into the next oil-induced selloff.
Biogen's anti-LINGO-1 showed potential in a phase 2 trial to reverse the nerve damage in an eye disorder called acute optic neuritis.
The "Fast Money" traders offer up four ways to play one of this past holiday season's most popular gifts.