Ken Corbin Named Acting Director of IRS Unit as Lerner Placed on Leave
Consumer Discretionary
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Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
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The New York Times is responding to a charge from Tesla's CEO that a reporter's test drive of a Model S was faked.
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Facebook shares may have slid lower Tuesday but Facebook's Dan Rose was optimistic about the company and its future while attending the Dive Into Media Conference in Dana Point, Calif.
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In the company's first designer collection after its Neiman Marcus collaboration disappointed analysts, Target has already sold out of several items online while also avoiding the website crashes that have plagued past successful launches.
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Tesla CEO Elon Musk says The New York Times' review of its Tesla Model S left out key information about the test drive. Elaine Kwei, Jefferies, provides perspective.
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The Madoff bankruptcy trustee Irving Picard is preparing to return another half billion dollars to the victims, for a total of around $5 billion, reports CNBC's Scott Cohn.
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Las Vegas is rolling out the red carpet for travelers from China, with CNBC's Jane Wells. Daniel Rosen, Rhodium Group Partner, says the "Chinese never stop doing business," and discusses how to capitalize on the country's growth.
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Asian designers have already paved their way through the New York fashion scene – names like Phillip Lim, Alexander Wang and Jason Wu have now become household names. But celebrities are already eyeing some of Korea's rising stars; Lie Sang Bong's clients include Beyonce, Lady Gaga and Rihanna. Choi Bo Ko has Whoopi Goldberg as one of his clients.
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As toy industry professionals converged in New York City this week for Toy Fair 2013, innovation and how to capitalize on the growing digital space has been on many minds.
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Delta and Starwood will offer some VIP perks to each others' top elite members. Find out what they are and if you qualify.
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Even those who paid close attention to the 'fiscal cliff' deal are likely in for a shock in April 2014, when they could see a drastic increase in their tax bill.
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CNBC's Michelle Caruso-Cabrera reports the Chinese New Year holiday is a huge travel holiday for the Chinese. And, a look at how luxury retailers are eager to please big-spending Chinese tourist, with CNBC's Robert Frank.
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For the first time, Sports Illustrated has chosen a Target swimsuit as part of the models' wardrobe for its iconic swimsuit edition.
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The NYT review of the Tesla is the latest example of a new vehicle test drive rubbing either the automaker or fans of the automaker the wrong way.
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Actor and Frito-Lay Spokesperson Eva Longoria, Chef Michael Symon and PepsiCo executives ring the NYSE Opening Bell. Lay's has three new potato chip flavors, including: Cheesy Garlic Bread, Chicken & Waffles, and Sriracha.
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Michael Kors' earnings surpassed Wall Street's estimates, with a 70 percent increase in total revenue. Corinna Freedman, Wedbush Securities analyst, offers insight.
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Days after launching "House of Cards," Netflix is applying the same approach to children's content. It's teaming with DreamWorks Animation to create the online site's first original series for kids.
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After handily beating earnings one top analyst thinks Michael Kors shares are worth a look from investors and could be going higher.
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As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
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Tesla CEO Elon Musk takes issue with a New York Times article about a test drive of one it its electric cars, reports CNBC's Phil LeBeau.
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Muhtar Kent, Chairman & CEO of Coca-Cola, breaks down his company's fourth quarter results, and weighs in on where the company is finding emerging growth areas.
Consumer Nation
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Lowe's and Target are just two of the big retailers reporting results this week.
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Despite the selloff of Best Buy shares Tuesday, there are early positive signs the turnaround efforts are working.
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To the creative, go the spoils. Hoping to boost sales, restaurants are launching a slew of innovative items.