A Club for the Women Atop the Ladder
Drawn from government, banking, technology and beyond, its members form a rare — and global — power elite. Each has been tapped, in Skull and Bones fashion, by an existing member. Each searches out...
View ArticleStrong Sales Help Extend Apple Streak
Even without introducing any major new products, the company attracted legions of consumers in the fiscal third quarter. Profits doubled, and revenue increased 82 percent as shoppers continued to buy...
View ArticleWith Some Optimism, Retailers to Increase Holiday Hiring
While the numbers are not eye-popping — Kohl’s, for example, said Tuesday it would hire 40,000 people, up 5 percent from last year — the upbeat plans come against a backdrop of poor growth in permanent...
View ArticleSales Rose in Back-to-School Month, and Upscale Retailers Led the Way
September is considered a critical month for retailers because back-to-school shopping can indicate how consumers feel about the future. Some of the sales increases, though, seemed to be the result of...
View ArticleEconomix Blog: Inflation Out of Sight
Since the Great Recession began in December 2007, the overall consumer price index is up 7.5 percent, or 1.9 percent a year. But there are plenty of people who insist that the figure must understate...
View ArticleRetailers Post Sales Gains, but Discounts Hurt
Sales at stores open at least a year at major retail chains rose 3.4 percent compared with December 2010, according to Thomson Reuters data, just slightly above the 3.3 percent that analysts had...
View ArticleEricsson to Take $1.2 Billion Charge on Write-Down of Cellphone Venture
In announcing the charge of 8 billion Swedish kronor, or $1.2 billion, Ericsson told investors Thursday that the charge would reduce its earnings in the fourth quarter by a corresponding 8 billion...
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