US consumer confidence in surprise November fall, US
November consumer confidence in the United States fell steeply to 88.7 from 94.1 in October, according to industry research group The Conference Board. Consumer...
Simons to open new stores in five Canadian cities
Quebec-based fashion retailer La Maison Simons (Simons) says it will open new stores in Ottawa, Vancouver, Calgary, Mississauga and Gatineau, starting in 2015 over...
Mortgage approvals down 16% in October, says British Bankers’ Association
Mortgage approvals in October were 16% lower than in October 2013, compared to a 10% drop in September versus September 2013, the British Bankers'...
Services sector growth to continue well into 2015, says CBI
Robust growth in the services sector will continue into next year, says the Confederation of British Industry (CBI). In its latest CBI Service Sector...
BT in O2 acquisition talks with Telefónica
BT says it is having preliminary talks with the Spanish broadband and telecommunications giant Telefónica about acquiring the O2 mobile network.
BT confirmed on Monday...
Amazon and Royal Mail sign post office collection deal, UK
Online retailing giant Amazon and Royal Mail have signed a deal whereby items are delivered to post offices and picked up by customers. Last...
Restaurants will have to post calorie counts on their menus under new FDA rules
Restaurants and large vending machine operators across the US will have to post calorie counts on their menus as part of a series of...
Samsung Galaxy S5 sales are not meeting expectations, S4 still selling more
Samsung’s Galaxy S5 is not selling as well as expected. Samsung sold 40 percent fewer of its Galaxy S5 smartphones in the first three...
US stocks continue to rally, the Dow and S&P 500 close at record highs
Wall street hit records highs on Monday. The Dow Jones gained 7.84 points (0.04 percent) to 17,817.90, while the S&P 500 rose by 5.91...
Louis Chenevert stepping down as CEO of United Technologies, being replaced by Gregory J....
Louis R. Chenevert is stepping down as the chief executive officer of United Technologies. He will be replaced by the company’s chief financial officer,...