| Jan 17, 2014
| 6:25 AM
Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week.
The widening gap between rich...
| Mar 4, 2014
| 8:29 AM
Stocks surged Tuesday as traders celebrated reports of a softening of tension in Ukraine. The three major indexes were in positive territory, with the S&P 500 trading at a record high.
The Dow Jones industrial average jumped 192 points, or 1.2%, to 16,...
| Feb 21, 2014
| 12:25 PM
Barnes & Noble Inc., the last-standing major chain in the national bookstore market, received a conditional proposal from a private investment management firm to take over 51% of the company for $22 a share.
The offer came through Thursday night,...
| Feb 4, 2014
| 8:12 AM
J.C. Penney Co., the retailer attempting a return to glory using deep discounts and Super Bowl tweets typed with mittens, said its holiday sales grew last year for the first time since 2011.
The Plano, Texas, company said sales at stores open at least a...
| Jan 15, 2014
| 5:02 PM
J.C. Penney Co. is attempting to right-size itself by closing 33 under-performing stores around the country and eliminating 2,000 positions, the retailer said Wednesday.
The Plano, Texas, company said it hopes the effort will save $65 million a year...
| Feb 27, 2014
| 12:09 PM
Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide.
The Danish company, whose star turn in “The Lego Movie” has...
| Feb 13, 2014
| 9:53 AM
Burger King reported Thursday that profits soared 37% in the fourth quarter as the company reduced costs and benefited from growth overseas and the popularity of new menu items.
The fast-food giant, which operates 13,600 restaurants in more than 90...
| Jan 13, 2014
| 12:37 PM
Indoor malls may have a limited lifespan, according to Rick Caruso, owner of Southland centers including the Grove in the Fairfax district and the Americana at Brand in Glendale.
In a Sunday keynote speech to some 4,000 people at the National Retail...
| Feb 13, 2014
| 7:32 AM
The winter economic blues continue.
Retail sales unexpectedly fell 0.4% in January from December, the government said Thursday. That was the biggest drop in 18 months and the latest in a series of blah reports on the economy.
Sales were “...
| Apr 11, 2014
| 8:01 AM
Emma Stone wore a stunning marigold yellow gown from Atelier Versace to the London premiere of "The Amazing Spider-Man 2" on Thursday. But her elegant garb didn't prevent her from getting down and snapping a crowd selfie. [People]
| Apr 10, 2014
| 3:22 PM
Marcella (Engberg) Langer of Coeur d’Alene, Idaho passed away on Thursday, April 3, 2014.
She was born December 19, 1920 in the newly completed farm house in Blackduck, Minnesota. She grew up on the farm with her parents, John and Della...
| Apr 11, 2014
| 10:32 AM
THe J.C. Penney store at Military Circle Mall in Norfolk will close May 3, a store employee confirmed Friday.
Store inventory is currently priced at 40 to 60 percent off.
The store is located at 880 N. Military Highway, Norfolk.