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One company found that energy usage in the US drops by more than 5% during the game and as much as 7.5% during the half-time show, even though it would take 10 coal-fired power plants to fire all the televisions being watched.
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The arrival of cold weather and last minute shoppers have traditionally helped boost U.S. retail sales each December. But with the recent streak of unseasonably warm weather across parts of the nation, many apparel merchants are appearing to "sweat." On today’s "Power Lunch," CNBC’s Bill Griffeth asked whether shoppers will buy sweaters and coats; high ticket items that usually account for a large percentage of total December sales.
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Our auto-industry reporter predicts China may enter the American market, Ford may seek a merger -- and Toyota will keep racking up sales.
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Coca-Cola named Muhtar Kent its chief operating officer, making him the frontrunner to succeed Chief Executive Neville Isdell.
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How hot is the leveraged buyout (LBO) craze? Credit Suisse just put out a report upgrading bookseller Barnes and Noble. Is business improving? The main reason for the upgrade is that the company is "one of the best-positioned LBO type candidates in our universe." They note the company has consistent cash flow and a cheap valuation.
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With Microsoft’s Xbox and Sony’s PlayStation 3 crowding the videogame market, Nintendo’s Wii has plenty of competition. But the newcomer to the gaming console sector is doing just fine, IGN's Chris Carle told “Squawk Box.”
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Shares of Home Depot have been trading lower after the second largest U.S. retailer reiterated that no talks have taken place involving a leveraged buyout. Deal rumors boosted share price nearly 3% on Friday. On CNBC’s “Squawk on the Street,” David Faber revealed what’s going on with Home Depot.
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From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.
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If you're counting on a big-end-of-year bonus and you're looking to spend it before you have the money in hand, Kate Betts, editor, of Time Magazine's Style & Design displayed a few big-big-ticket items on "Power Lunch" today.
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America is seeing another British invasion – and a Japanese and Brazilian juggernaut – in its retail stores. CNBC’s Margaret Brennan told “Morning Call” that international travelers are swarming over the U.S. this holiday season. As the Yankee greenback drops versus the euro, the yen and the British pound, America is becoming the destination of choice – for luxury shoppers.
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Kim Jong-il has been a very naughty dictator. So Uncle Sam is making sure the North Korean leader will get little but coal in his Christmas stocking. William Reinsch, president of the National Foreign Trade Council, told Carl Quintanilla on “Squawk Box” that the U.S. is taking a novel approach to fighting a totalitarian menace: by cutting off his pipeline of luxury imports.
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Tiffany says early holiday sales were better than expected but Goldman Sachs' retail analyst is taking a cautious view. "We do expect continued pressures on production costs,” Adrianne Shapira told CNBC’s Power Lunch, Shapira was picking up on the jeweler's statement that higher materials costs had taken a bite out of otherwise strong third-quarter earnings
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From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.
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From diamond-encrusted world phones to luxury vacations, the high-end shopper is expected to keep upscale merchants happy this holiday season. With aggressive markdowns at better retailers such as Saks, coupled with a greater selection of unique and one-of-a-kind merchandise from luxury designers and boutiques, high-net worth individuals are expected to spend -- and spend more this season.
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Toys have been traditional favorites during the holiday season. Toy makers and retailers live for this time of year.