The retail sales figures added to recent data pointing to underlying strength in the world's biggest economy, boosting risk assets such as Asian shares, but investors remain nervous about oil demand from the United States and China amid slowing consumption in Europe.» Read More
CNBC's Phil LeBeau reports on strong U.S. auto sales for March, and a love for luxury brands; and Michael Silverstein, Boston Consulting Group, discusses which luxury auto brands are moving fast.
Dave Whiston of Morningstar shares his top auto picks after the strong March report. "People aren't giving the new Detroit a fair shake," he says.
CNBC's Phil LeBeau reports on strong U.S. auto sales for March.
The automaker reported better-than-expected sales last month, reports CNBC's Phil LeBeau.
Wal-Mart is saying the talk of having customers deliver products to online shoppers is "just an idea," reports CNBC's Courtney Reagan.
James Moorman, equity analyst at S&P Capital IQ, tells CNBC the last quarter was challenging for BlackBerry as it had to deal with competition from Apple and Samsung, as well as a loss of customers.
Grigoris Kouteris, general manager at Upstream, tells CNBC ahead of BlackBerry's fourth quarter results released on Thursday that the current quarter will be very telling for the company as the new "quite competitive" product has only been on sales for the last third of the previous quarter.
Is taxing internet sales fair? CNBC's John Harwood reports on today's vote; and Larry Fishelson, Dynalink CEO, says this is "anti-business," while Ted Potrikus, Retail Council of New York State, explains why this is fair.
Congressional leaders may vote today on a budget amendment which would create a national internet sales tax, reports CNBC's John Harwood.
Discussing online sales tax, with Grover Norquist, Americans For Tax Reform; Gary Shapiro, Consumer Electronics Association CEO; and Dan Greenhaus, BTIG.
*Oracle blames new sales people for missing targets. SAN FRANCISCO, March 20- Oracle Corp blamed its rapidly expanding salesforce for a severe miss in third-quarter software sales and warned that its ailing hardware business will lose more ground this quarter, driving its shares 8 percent lower on Wednesday.
*Oracle blames new sales people for missing targets. SAN FRANCISCO, March 20- Oracle Corp forecast a return to growth in new software sales this quarter, after blaming its rapidly expanding salesforce for a severe miss in third-quarter revenue that drove its shares 8 percent lower on Wednesday.
Shares of Lululemon are down about 3 percent today, after the retailer announced a product recall and cuttings its Q1 revenue guidance. Richard Ross, Auerbach Grayson and John Stephenson, First Asset Management, discuss.
CNBC's Julia Boorstin reports on a new Coca-Cola study, which finds online buzz, or social chatter, has no impact on short-term sales.
A new Coca-Cola study finds online buzz, or social chatter, has no impact on short-term sales, reports CNBC's Julia Boorstin.
Yum! Brands is bouncing back from a food safety scare in China, with the "Squawk on the Street" crew. "I think this is the beginning of a good streak of numbers," says Jim Cramer.
Auto sales in the U.S. are at the highest levels since 2007 and it's the ultra-luxury brands likes Rolls Royce, Ferrari, Bentley, and Lamborghini that are seeing the biggest demand, reports CNBC's Phil LeBeau, live outside CNBC headquarters. (4:31)
CNBC's Phil LeBeau talks with Kurt McNeil, General Motors vice president of North American sales about the automaker's February sales numbers, especially strength showing in its truck sales.
Mad Money host Jim Cramer speaks out on JC Penney's tailspin. Jan Kniffen, Worldwide Enterprises CEO; Josh Feldmeth, Interbrand New York CEO; and Gina Chon, Quartz Corporate Reporter, weigh in. "I think the turnaround is going to work," explains Kniffen.
Groupon reported earnings that disappointed the Street, but one analyst maintains his "buy" rating on the stock.