Nicholas Weindling, Fund Manager at J.P. Morgan Asset Management, says July's household spending is still seeing a reactionary decline due to April's sales tax hike.» Read More
The retailer expects to start sales to liquidate its inventory in early May. It plans to hold going out of business sales in the coming months.
The fried chicken purveyor has debuted a drumstick corsage to add a little poultry to the prom this year.
Plans were revealed for Hilton Hotels' long-awaited Waldorf Astoria in Beverly Hills, Calif., which will be opened in 2017.
Alec Gutierrez, Kelley Blue Book senior market analyst, weighs in on the evidence that General Motors may have known of problems in models that were recalled in 2011.
Same-store sales fell 6 percent in March for Gap. CNBC's Courtney Reagan provides insight on the stumble for the retailer, and what Macy's Lundgren said about the industry.
There are now six times more farmers 65 and older than there are farmers 34 and under. It's a concern, say experts.
BlackBerry isn't planning to exit the phone business, despite reports this week, according to NBC News.
A number of brands have turned the tables, first developing their virtual presence, and later moving into the physical space.
A restaurant inside the Ritz-Carlton Chicago took a luxurious spin on school lunch with the "Zillion Dollar Grilled Cheese," Eater.com said.
Five Senate Democrats urged the Justice Department to oppose efforts by GM to skirt financial responsibility on its recall.
An iOS app uses a mathematical model to help flyers reprogram their circadian rhythm faster than going it alone.
Amazon said it has started a program called Pay to Quit, in which it offers workers at its fulfillment centers between $2,000 and $5,000 to quit.
Subway says an ingredient dubbed the "yoga mat" chemical will be entirely phased out of its bread by next week.
CNBC's Courtney Reagan speaks with Terry Lundgren, Macy's president & CEO, about the future of malls and competition in the retail sector. Lundgren also addresses the promotion of Jeff Gannett.
BMW is issuing a worldwide recall of many models of cars with certain 6-cylinder motors after identifying a problem with a bolt used in the engine.
Hain cannot change the way consumers eat, buy and sell. There's not enough supply out there for us to do it alone, says Irwin Simon, Hain Celestial CEO, discussing Wal-Mart's expansion into the organic food market.
"These guys are all competing for this very broad mass market, which is essentially very much focused on price and speed," said Ron Shaich, Panera's CEO.
Activists who campaigned for the ouster of Mozilla's CEO over an anti-gay marriage donation he made may have inadvertently opened a Pandora's Box.
Domestic goddess Martha Stewart brought some baked goods and optimism on a day the stock market was slammed.
The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.