The executive revealed in an email that J.C. Penney's same-store sales had risen about 6 percent in the quarter to date, the company said. J.C. Penney said it expected sa ..
Ford will invest $1.3 billion to expand its plant in northern Chihuahua state, where it will build two new diesel engines, with another $1.2 billion planned for a transmission ..
The United States is not only on the verge of energy independence, it is also assured of an uninterrupted supply of domestic crude oil for generations says Peter Kenny, chief ..
Retail sales rose in March for the first time since November as consumers stepped up purchases of automobiles and other goods, suggesting a sharp slowdown in economic growth i ..
JPMorgan's revenue from trading fixed income, currencies and commodities (FICC) by 5 percent to $4.07 billion in the first quarter. The strong investment banking results ..
Banks are struggling to boost margins as persistent low interest rates and stricter capital requirements offset any benefit from cost-saving initiatives. Net interest income h ..
Digital delivery of music caught up with physical formats like CDs as a money stream for the first time last year, the trade association IFPI said on Tuesday. Piracy and free ..
Wells Fargo, the third-biggest U.S. bank by assets, said Tuesday that its first-quarter earnings fell slightly from the same period a year earlier. The bank got a boost from i ..
Global goods trade will grow by 3.3 percent this year and by 4.0 percent in 2016, less than previously forecast, mainly due to sluggish economic growth, the World Trade Organi ..
Embattled BNY Mellon Corp (BK.N) CEO Gerald Hassell, under fire from activist investors, received a public rebuke on Tuesday at the bank's annual meeting for lagging past ..
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