May 9, 2013 The new normal for the Dow Industrial average seems to be hovering around15,000 points. U.S. markets were down slightly this morning but still trading above the 15,000 mark.
Apr 30, 2013 Best Buy is pulling out of a big joint venture in Europe. The company is selling back its 50 percent stake in the mobile phone retailer Carphone Warehouse, at a significant loss.
Apr 24, 2013 Apple plans to spend $100 billion over the next two-and-a-half years to ease investor concerns over the company's shifting share prices.
Apr 18, 2013 Today, the tech world today brings you hits from the 80s and 90s: Microsoft and IBM are expected to report healthy earnings today. But what is up with Apple? It’s stock fell again yesterday, and is down 40 percent since last fall.
Apr 5, 2013 Smartphone maker Samsung announces it's opening a branded store of its own -- inside the big box retailer.
Oct 23, 2012 Restrictions on the sale of Facebook stock by the social media firm's employees end this week, meaning many of them will be millionaires, not just millionaires "on paper." But the sale will likely drive the stock price down.
Oct 18, 2012 Brick and mortar retailers like Best Buy, Target, and JC Penney, have an idea to compete with online rivals like Amazon. They are going to match their prices during the holiday shopping season.
Stacey Vanek Smith
Aug 21, 2012 Shares of Best Buy are down more than 9 percent this morning. The electronics retailer just reported second quarter profits dropped more than 90 percent.
Aug 20, 2012 Struggling electronics retailer Best Buy has named a new chief executive: Frenchman Hubert Joly will likely take the helm in early September.