Macy’s has been getting a lot of grief for announcing that the store will open its doors to shoppers on Thanksgiving for the first time ever. But because its retail competitors are doing the same — and because …
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JPMorgan, Government Reach “Tentative” $13 Billion Deal Over Mortgage Bonds
Doesn’t include resolution to ongoing criminal probe
Here’s Why Sen. Ted Cruz is Blocking FCC Nominee Tom Wheeler
Sen. Cruz wants answers from Wheeler about whether the FCC has the authority to implement the DISCLOSE Act
J.C. Penney Follows Macy’s In Pre-Black Friday Rush
The Black Friday arms race has begun
Google Stock Hits $1,000, All-Time High
Milestone after stronger-than-expected earnings
Student Loans Are Becoming a Drag on the US Economy
The CFPB’s student loan ombudsman draws parallels with mortgage crisis and says student debt is hurting the housing market and the economy.
Money Talking: DC’s Debt Deal Gets a ‘C-’
The federal government is up and running after a last-minute deal between Republicans and Democrats ended the shutdown. The agreement also raised the debt ceiling so the government can pay its bills—for now. Washington will …
Lenovo Is the Only Company With a Chance of Saving Blackberry
And it may not be much of a chance at all
HSBC Will Appeal $2.46 Billion Court Ruling
Fine is the largest ever for a securities fraud class action lawsuit
Can ShopRunner Rescue Retailers From Amazon?
The steady assent of Amazon has proceeded with few hiccups over the years. As retail consultant Jim Tompkins points out, if you count sales Amazon facilitates through its third-party marketplace, it actually moves more goods per …
S&P 500 Hits Record High After Debt Ceiling Deal
Trading follows deal in Congress to avert default
Hulu Nabs Fox Exec Mike Hopkins As CEO
The streaming site brought in almost $700M in 2012
Report: Lenovo Could Buy BlackBerry
Possible deal with Chinese tech company