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BIZ BITSFAO Schwarz redux Ahead of the holidays, Toys R Us is opening 585 FAO Schwarz boutiques in some of its stores and relaunching the iconic toy store's Web site. ...more
October 27, 2009
Progress Energy Florida reported a net decrease of 8,000 in the average number of customers from January through March compared with the year-ago period but posted first-quarter earnings per share today of 33 cents, compared with 26 cents in 2008. ...more
May 6, 2009
Progress Energy Florida reported an 8,000 net decrease in the average number of customers between January and March compared with the year-ago period but posted first-quarter earnings per share today of 33 cents, compared with 26 cents last year. ...more
May 5, 2009
Liberty Investing In Satellite Radio Sirius XM Radio staved off a possible bankruptcy filing Tuesday when Liberty Media agreed to invest $530 million in the ailing satellite radio company. ...more
February 18, 2009
Something else to blame on the grim housing market: The Bay area's largest power providers are losing customers for the first time in memory. ...more
November 1, 2008
Wall Street joined stock markets around the world in a huge sell-off Friday, sending major market indexes to their lowest levels in more than five years on the belief that a punishing economic recession is at hand. A grim outlook from electronics maker Sony helped trigger the selling, and another bleak forecast from the automaker Daimler added momentum to the drop. ...more
October 25, 2008
Vehicle retailer CarMax said Tuesday that it plans to open new stores and expand even amid a difficult economic environment and rising gas prices. ...more
June 25, 2008
Shares of General Electric Co. briefly fell to their lowest point in more than four years Monday when an analyst downgraded the company's stock and predicted a challenging environment for its business operations. ...more
June 17, 2008
Apparel retailers who once saw the government's economic stimulus plan as way to heat up winter's dismal sales are wondering if it's ever going to get warm. ...more
June 3, 2008
For U.S. retailers, the phrase "challenging environment" has become a shared refrain for one of the toughest quarters in decades. And merchants expect the climate to remain rough for the rest of the year as higher gas and food costs as well as slumping home prices weigh on shoppers. ...more
May 21, 2008
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