JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
Tesco, the world's third largest retailer, named a new British leader as it showed signs of a revival in its home market with a rise in underlying Christmas sales.
You've probably heard a lot of talk about the death of the PC, but new models are being shown off at this year's CES, reports CNBC's Jon Fortt. Mark Spoonauer, Laptop & Laptopmag.com editor-in-chief, weighs in.
The "Squawk on the Street" news crew reports on the market moving stories of the day, including Alcoa's earnings; and the Dish Network's unsolicited takeover bid for Clearwire.
Michael Thompson, S&P Capital IQ; and Lou Brien, DRW Trading Group, discuss the outlook on fourth quarter earnings and its impact on the markets, with Byron Wien, Blackstone Advisory Partners vice chairman.