Barnes & Noble comparable sales improve; shares rise
(Reuters) – U.S. bookstore chain Barnes & Noble Inc reported a smaller-than-expected fall in quarterly same-store sales, helped by promotions and demand for children’s books, sending its shares up as much as 5 percent.
Apple counts down to launch of smartwatch, bigger iPhone
(Reuters) – Apple Inc is expected to unveil its first new device in four years, the iWatch, in a gala event on Tuesday that may also mark its long-awaited entry into mobile payments and deliver a larger iPhone.
Another Atlantic City casino company files for bankruptcy
(Reuters) – Trump Entertainment Resorts Inc , which runs two casinos in Atlantic City, filed for bankruptcy protection for a third time, in another blow to the city’s crumbling casino industry.
Home Depot confirms security breach following Target data theft
CHICAGO (Reuters) – Home Depot Inc confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp’s massive breach last year.
Ally Financial wants government to speed up share sales
NEW YORK (Reuters) – Ally Financial Inc , the auto lender partially owned by the U.S. Treasury, said on Tuesday that it would like to see the government reduce its stake in the company faster.
McDonald’s August same-store sales fall across regions
(Reuters) – McDonald’s Corp on Tuesday reported declining sales at established restaurants across all regions in August, the fifth monthly drop since CEO Don Thompson took the helm in July 2012, and warned a China supplier scandal would cut into profit…
Showtime for Apple: Big phones, smart watches and high expectations
SAN FRANCISCO (Reuters) – It has been four years since Apple Inc introduced a completely new gadget and the pressure is on for the world’s largest tech company to wow at its “special event” in Cupertino, California, on Tuesday.
Exclusive: GSK China consumer healthcare unit linked to DOJ probe in 2012
SHANGHAI/WASHINGTON (Reuters) – A U.S. anti-bribery probe into GlaxoSmithKline Plc touched on the firm’s Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker’s compliance problems in China could go wider than …
U.S. small business confidence edges slightly higher in August: NFIB
WASHINGTON (Reuters) – U.S. small business optimism edged slightly higher in August as more owners said they expected business conditions to improve in coming months and planned to increase capital spending, according to a survey released on Tuesday.
Dollar sweeps to 14-month high, kicks oil below $100
LONDON (Reuters) – A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors.
