Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
Britain’s Tesco aimed for the low-end U.S. grocery market and crashed. New York’s Fairway chain went public, aiming at the higher end. Is there no middle ground?
From punk rock to TV satires such as Spitting Image, many of those who set out to pillory Margaret Thatcher for her policies made a nice living doing so. Listen to the soundtrack that hate created.
JCPenney cut a top executive's salary by more than 96 percent. Other corporate boards also took a whack this week at poor performers. The curious case of executives who know they're not doing well, but keep working anyway.
Every purchase, online web search and even cellphone call generates data that companies hope to use to boost sales. But storing all that data is becoming a big expense, and it has spawned a multibillion-dollar industry.
