Focusing on local markets gets results for Macy’s

Macy’s intense focus on tailoring its merchandise to local markets helped push the department store chain to profitability in the first quarter.
More […]

Technology excites top news executives

WASHINGTON — The people in charge of putting out the news are thrilled that technology is giving them new tools for their craft. But […]

Casa Monica to join new hotel brand

The Casa Monica Hotel in St. Augustine will become part of a new brand by The Kessler Hotel Group and Marriott International Inc. called the […]

Fed’s ‘Extended Period’ Rate Pledge Criticized by Some on FOMC

The Federal Reserve’s pledge to keep interest rates close to zero for an “extended period” has come under criticism from policy makers who say […]

Nobel Winners Stiglitz, Solow Back Brown on U.K. Deficit Cuts

Nobel Prize-winning economists Joseph Stiglitz and Robert Solow are among 67 economists to support Prime Minister Gordon Brown’s argument that it’s too soon to […]

Toyota’s reputation takes a huge hit

For years, Toyota Motor was the automaker that could do no wrong. Now it’s made a major mistake likely to have a lasting impact […]

Chrysler buys 60-second Super Bowl ad

Chrysler will be the only U.S. automaker to advertise in this year’s Super Bowl, forking over millions of dollars to restore its image following […]

Japan Merchant Sentiment Rebounds After Record Drop

Confidence among Japanese merchants rose for the first time in three months in December, rebounding from the previous month’s record drop.
The Economy Watchers […]

French Consumer Confidence Unexpectedly Declined in December

French consumer confidence unexpectedly slipped in December for the first time in four months as concerns about purchasing power outweighed the impact of government […]

Joblessness set record high in 2009

A record 20 million-plus people collected unemployment benefits at some point in 2009, a year that ended with the jobless rate at 10 percent. […]