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.
The big box retailer is deploying various new strategies to turn the company around and combat "showrooming" including honoring online price matching all the time. Still, Wall Street expect same-store sales to fall 1 percent for the fourth quarter.
CNBC's Phil LeBeau speaks to Sergio Marchionne, Fiat Chrysler CEO about the company's expansion of transmission production in America, the U.S. economy and whether an IPO is in the works.
Opening the door for more elite fliers to rub elbows with the masses, all United passengers can now buy priority check-in, security and boarding starting at $9. So what's the point of elite-level miles and perks?
New management has big changes in store for the casual dining chain, which touts family-style Italian food and has struggled with declining sales. Among Olive Garden's changes: smaller plates, cheaper items and lower-calorie meals.
The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
Brazil is looking for foreign investment to help shore up its creaking infrastructure as it readies to host the World Cup next year and the Olympics in 2016.
Brian Nagel, Oppenheimer analyst, explains why he has a "buy" rating on the retailer, despite its earnings miss and 28 percent drop in fourth quarter sales.
The decision to do away with sales last year had no testing behind it. So it is not a mystery why J.C. Penney has done a 180 when it comes to its promotional stance.
Gerry Harvey, Executive Chairman of Harvey Norman tells CNBC he is optimistic of a turnaround in sales after the retailer posted a 36% slide in first-half profit.
When New Jersey Governor Chris Christie Signed Legislation approving the legalization of online gambling, he said he was looking to help the struggling Casino industry, but it could also be a game-changer for Zynga.