CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Headlines hurt stocks this week, while GM is facing a federal investigation. The White House boosts overtime pay for non-union workers, McDonald's employees are suing the company and Men's Wearhouse gets Joseph A. Bank.» Read More
He's back 'for the long term.' The man who commercialized the gourmet cafe brand and convinced the world to pay $5+ for a cup of specialty coffee is returning to the CEO seat. Howard Schultz is once again the CEO at Starbucks and says that he plans to recaffeinate sales and perk up the coffee giants' sagging stock price.
British retail sales grew at their slowest pace since March 2006 in December, making it the worst Christmas for retailers in three years, a survey showed on Tuesday.
Will Thursday's same-store sales figures lift already bruised retailers?
U.S. home goods retailer Bed Bath & Beyond posted a lower quarterly profit and warned that its fourth-quarter results would be lower than expected, sending its shares down almost 10 percent.
European equities bounced from the day's lows to end with small losses on Thursday, as gains in U.S. markets and rising oil shares offset the impact of weakness in banks -- last year's worst performers.
U.S. drugstores reported unusually weak December sales Thursday, weighed down by a slow flu season, lower-priced generic drugs and sluggish sales of seasonal items.
Pan-European electrical goods retailer DSG International said on Thursday its annual profit would miss analysts' expectations by as much as 50 million pounds ($99 million) after poor Christmas trading.
Most healthy people do not drink before 5pm. And the age of the three-martini lunch has passed. However, I started this past Friday morning surrounded by champagne bottles at Moet & Chandon's Soho pop-up boutique...
Bill Belichick has been called a lot of things: Defensive wizard. Boring. Alleged cheater. But today, we're giving the NFL coach a new nickname: Revenue Killer. Why? Well, if his New England Patriots beat the New York Giants on Saturday night, they'll finish the season undefeated...
On Wednesday afternoon, the NFL Network decided to give in on what will turn out to be the greatest bargaining chip in its entire history. Whatever happens from here on out, there will be nothing greater than the exclusive rights to this Saturday night's Giants-Patriots game...
According to research firm, Shoppertrak, last-minute purchases by consumers pushed sales up a monster 19% over the weekend. What are the hidden Holiday winners during this dismal shopping season?
Amazon.com said it sold about 17 of Nintendo's Wii video game systems per second when it had them in stock.
The holiday retail season was a gloomy one, but luckily it is time to say goodbye to 2007 and turn the page to 2008. Dana Telsey, chief research officer and retail analyst for the Telsey Advisory Group, shares her retail picks and pans for the new year.
Retail stocks were trading lower on Wednesday, sparked in part by a profit-warning from discount retailer Target.
Christmas Eve brought glad tidings to Wall Street, with holiday cheer emanating from the battered financial sector and spreading through the market.
But this season's holiday gift of the year -- and a gift that will be popular throughout 2008 -- is Jason Weisenthal's WallMonkeys. Nobody invents things these days; they take an idea and modify it. That's Jason's story...
Down to the final 24 hours, more or less, of shopping before Christmas... We'll get the first reports on how "super" this Super Saturday's sales were when ShopperTrak releases its initial numbers by 3pm ET today
I'd like to deconstruct the myth that the China lead-contaminated is responsible for the drop off in toy sales this year. Lead-contamination worries or not, parents are still buying toys and kids are still playing with them this season.
Nike said Wednesday that quarterly profit jumped 10 percent, topping Wall Street estimates on strong U.S. demand for its footwear and robust growth overseas, sending shares up over 3 percent in after-hours trade.
Oracle's strong earnings could give some tech names a bounce Thursday though markets are again being haunted by credit worries, and another Wall Street firm is set to report earnings before the bell.