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Friday, Jan 11, 2019 at 07:08 AM EST

Ex-Target CEO: Department Stores 'Fighting for Their Lives'

Ex-Target CEO: Department Stores 'Fighting for Their Lives'

Macy's disappointing holiday sales are less about the consumer and more about department stores' relevance these days, former retail CEO and Target executive Gerald Storch told CNBC on Thursday. Macy's reported...

Thursday, Jan 10, 2019 at 12:26 PM EST

CES Is Now One of the World’s Biggest Auto Shows as Ford to Uber Debut New Technology

CES Is Now One of the World’s Biggest Auto Shows as Ford to Uber Debut New Technology

With its glossy black finish, five-person cabin and six huge fan pods, the Bell Nexus looks like it belongs on the set of a science fiction film, rather than the South Hall of the Las Vegas Convention Center....

Thursday, Jan 10, 2019 at 09:44 AM EST

US, China Leave Next Steps for Trade Talks Unclear

US, China Leave Next Steps for Trade Talks Unclear

The United States and China gave no indication of their next step after wrapping up talks aimed at resolving a tariff fight that threatens to chill global growth. The two sides will "maintain close contact,"...

Thursday, Jan 10, 2019 at 06:39 AM EST

Chairman Makes $5B Bid in Last-Ditch Effort to Save Sears

Chairman Makes $5B Bid in Last-Ditch Effort to Save Sears

Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter. This latest...

Wednesday, Jan 9, 2019 at 04:21 PM EST

How Much Could Mackenzie Bezos Get in a Divorce?

How Much Could Mackenzie Bezos Get in a Divorce?

Jeff Bezos’ divorce could become the most expensive in history — exactly what he pays out will depend on the complexities of marital law and the value of Amazon. Bezos announced in a tweet Wednesday that he and...

Wednesday, Jan 9, 2019 at 07:23 AM EST

Aspiring Paleontologist Wins National Google Doodle Contest

Aspiring Paleontologist Wins National Google Doodle Contest

An aspiring paleontologist in the second grade has won Google's annual Doodle for Google contest. Sarah Gomez-Lane, of Virginia, had her drawing of dinosaurs selected and transformed into an animation on the...

Tuesday, Jan 8, 2019 at 02:21 PM EST

Court Gives Sears Chairman New Chance to Save Retailer

Court Gives Sears Chairman New Chance to Save Retailer

Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. Sears on Tuesday had planned to tell the bankruptcy court it had rejected Lampert's offer...

Monday, Jan 7, 2019 at 07:45 PM EST

To Fight Theft, Amazon to Deliver Packages to Your Garage

To Fight Theft, Amazon to Deliver Packages to Your Garage

Amazon has a new way to prevent thieves from stealing packages. In early 2019, Amazon will offer to deliver packages right into your garage, the company announced Monday at CES. The service is called Key for...

Monday, Jan 7, 2019 at 08:22 PM EST

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday after...

Monday, Jan 7, 2019 at 03:39 PM EST

No Words: Mastercard to Drop Its Name From Logo

No Words: Mastercard to Drop Its Name From Logo

What's in a name? For MasterCard, not enough to keep it in the logo. The company is removing the word Mastercard from the pair of interlocking red and yellow circles where it has resided for more than 50...

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