| Feb 26, 2014
| 5:11 PM
The massive theft of Target Corp. customer data contributed to a huge drop in fourth-quarter profit as the retailer scrambled to win back the trust of consumers and shore up its hobbled payments system.
The Minneapolis-based chain reported that profit...
| Feb 24, 2014
| 12:49 PM
WASHINGTON -- After a spate of large-scale cyberattacks on large retailers, Atty. Gen. Eric H. Holder Jr. urged Congress to adopt a national standard for notifying consumers of a security breach.
Holder said creating such a law would bolster the Justice...
| Feb 13, 2014
| 6:16 PM
This year's streak of nasty weather is wreaking havoc on the economy, causing plunging worker productivity, soaring heating bills, canceled flights, damaged crops and frozen hiring.
But the bitter conditions, which last month left thousands stranded...
| Feb 14, 2014
| 6:41 AM
The severe weather that has hit much of the country this winter has cost the economy nearly $50 billion in lost productivity and 76,000 jobs, according to a new survey.
Snow, ice and bitter cold will shave about 0.3 percentage point from economic...
| Feb 10, 2014
| 7:24 PM
WASHINGTON — The Obama administration again delayed a requirement that large employers provide their workers with health benefits, offering businesses more relief from the president's health law deadlines.
Under the law, employers with more than...
| Jan 16, 2014
| 5:45 PM
It's not looking pretty for J.C. Penney.
The Plano, Texas, company said this week that it plans to close 33 under-performing stores around the country by early May and shave 2,000 jobs off its books. Chief Executive Myron Ullman called the move —...
| Jan 22, 2014
| 5:03 PM
Target Corp. became the latest major company to say it will stop offering healthcare coverage for part-time workers, and experts said it won't be the last.
The Minneapolis company announced in a corporate blog post that it was changing its benefits...
| Jan 29, 2014
| 8:33 AM
WASHINGTON -- Business groups gave mixed reviews to President Obama's State of the Union address.
They praised him for urging Congress to pass legislation overhauling the corporate tax code, making it easier to strike trade deals and reforming the...
| Feb 2, 2014
Nordstrom is famously forgiving when shoppers change their minds about purchases.
Customers love it — especially those whose motives may be questionable. The Seattle retailer has been known to take back well-worn clothing, shoes bought years...
| Dec 30, 2013
| 12:48 PM
As 2013 comes to a close, so will dozens of tax breaks that save companies billions of dollars in tax liability.
Congress has allowed 55 tax breaks to expire but will likely restore many of them, retroactively, in the coming months, the Associated Press...
| Jan 2, 2014
| 8:19 AM
Online sales swelled 10.3% this holiday season compared with the same period in 2012, with massive surges in mobile use, according to the IBM Digital Analytics Benchmark.
During the fourth quarter, mobile traffic made up nearly 35% of all online visits,...