Target Is Laying Off Nearly 500 Workers as It Seeks to ‘Transform’ Retail

Target Corp. is laying off 475 workers after a massive information-security breach stole the retail giant's Christmas. Minneapolis-based Target has also eliminated another 700 vacant...

U. S. Small Business Owners Hired Largest Number of Workers In December 2013

U.S. small businesses hired the most workers in nearly eight years in December, the latest sign of vigor in the labor market and the...

JPMorgan Profits Fall After Bank Pays Off Madoff Penalties

JPMorgan Chase & Co reported a better-than-expected adjusted quarterly profit as the biggest U.S. bank kept a lid on costs and set aside less...

Amazon.com says It Can Now Ship Products Before Customers Order

Online retail giant Amazon says it knows its customers so well it can start shipping even before orders are placed. The Seattle-based company, which late last year said...

Number of People Quitting Work Gives Boost to Amount of Job Openings, Now at...

U.S. employers advertised more jobs in November and more Americans quit, positive signs for millions who are unemployed and looking for work. The Labor Department...

Report: Unemployment Crisis for Minority Youth

As the White House prepares to launch a major economic opportunity effort, record high unemployment among black and Latino youth underscores how essential it...

National Labor Relations Board Accuses Wal-Mart of Labor Violations

The National Labor Relations Board, an independent federal agency tasked with policing bad behavior by employers, is targeting Wal-Mart Stores Inc. over the retail behemoth's alleged...

J. C. Penney to Close 33 Stores and Lay Off 2,000 Employees

J.C. Penney will close 33 stores and lay off about 2,000 employees in the process, the retailer said Wednesday. The stores are expected to be...

Federal Court Strikes Down FCC’s Net Neutrality Regulations

A federal court on Tuesday overturned the Federal Communications Commission's network-neutrality regulations, dealing a blow to the Obama administration's effort to ensure the openness...

Time Warner Cable Rejects Charter’s $61 Billion Offer as “Grossly Inadequate”

Charter Communications said Monday it has offered to buy Time Warner Cable for about $61 billion, a stunning bid that would merge the No....

New App Quits Job for You via Text Message

Thinking about quitting your job? A humorous new app aims to relieve the stress and anxiety of confronting the boss with the news by...

Sailboat Racing: What’s Behind the Strategy of GM’s Next CEO Mary Barra?

Mary Barra, the next CEO of General Motors Co, sent a powerful message to colleagues last year when she challenged about 250 designers and...

In First Interview Since Data Breach, Target CEO Gregg Steinhafel says he’s “Still Shaken”

For Target Chairman and CEO Gregg Steinhafel, December 15 started out as a normal Sunday. He was at home, having coffee with his wife. That's when...

Number of African-American-Owned Bookstores Drops Significantly Due to Technology, Falling Literacy

The number of African-American-owned bookstores has dropped significantly since the late 1970s and 1980s due to a variety of factors, including corporate control of...

Target Reveals Credit Card Data of Up to 110 Million Customers was Stolen in...

In yet another disturbing revelation about its massive data breach, Target said Friday that 70 million to 110 million customers were victimized -- far...

Foreign Businesses are Abandoning U.S. Cloud Computing Services Due to NSA Spying

Concerns about NSA surveillance driving some Canadian and UK companies to take their cloud computing business abroad. Fully a quarter of businesses are moving data...

Retailers Dismayed as Post-Holiday Stock Prices Tumble

Several major retailers got hit with serious cases of the post-holiday blues on Thursday as their after-hours stock prices tumbled after a challenging holiday...

Macy’s Lays Off 2,500 Workers

The axe is falling at Macy's. The department store operator said Wednesday that it was laying off 2,500 workers and closing five stores. The company...

Labor Department Watchdog Wants Changes in Way Weekly Jobs Data is Released

A Labor Department watchdog has called for a change in the way sensitive weekly jobs data is released to the public, recommending an end...

Boeing Workers Approve Contract; Will Build 777X Aircraft in Washington State

A key Boeing labor union narrowly approved late on Friday an eight-year contract that keeps production of the new 777X jet airliner in Washington...