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Best Buy Defies Slump in Retail

Friday May 26th, 2017 01:46:21 PM
Best Buy, the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.

Wall Street's Message to CEOs: Innovate Now

Friday May 26th, 2017 06:52:48 PM
Wall Street, long obsessed with quarterly profits, has a message for chief executives of big established companies: Pick up the pace of innovation and make riskier bets sooner.

Rome Court Ruling Allows Uber to Continue Service in Italy

Friday May 26th, 2017 06:26:40 PM
A Rome court issued a ruling Friday that will allow Uber Technologies Inc. to continue providing its car-booking service in Italy, revoking an order to suspend its service in the country earlier this spring.


International Business Times

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Coca-Cola Funded Anti-Obesity Nonprofit GEBN Shuts Down After Allegations Of Coke's Involvement

Tuesday December 1st, 2015 09:10:04 AM
The Global Energy Balance Network (GEBN), a nonprofit organization funded by the Coca-Cola Co., said on its website late Monday that it will discontinue its operations. The announcement comes four months after it was revealed that the Atlanta, Georgia-based beverage maker was involved in the activities of the group.

Cyber Monday Is Still The Busiest Online Shopping Day Of The Year, Even As Year-Round Web Commerce Booms

Monday November 30th, 2015 09:11:34 PM
Eager to capture the frenzied crowds that flock to brick-and-mortar stores on Black Friday, online retailers banded together 10 years ago and birthed a shopping holiday of their own. Since then, so-called Cyber Monday has turned out to be an enormous success, becoming the busiest online shopping day of the year.

Small Shops See Uptick In Customers Despite Lack Of Small Business Saturday American Express Incentives

Saturday November 28th, 2015 10:57:07 PM
In the wake of Black Friday, small shops and retailers were getting the attention on Saturday as United States consumers came out for Small Business Saturday -- a shopping holiday conceived by American Express in 2010. The day has become a way for small retailers, restaurants and shops to promote their establishments within their local communities.


International Business Times

Latest News

GameStop Quarterly Report Reveals Nintendo Switch To Outperform The Wii

Friday May 26th, 2017 10:18:14 AM
GameStop just released it quarterly report and showed that it overall hardware sales has increased thanks to the Nintendo Switch. The gaming retailer’s report also showed that the Switch console continues to outsell the Wii.

‘America’s Got Talent’ Host Tyra Banks Accused Of Verbally Abusing Young Female Auditionee

Thursday May 25th, 2017 10:37:44 AM
Update 5/26/17- A rep for the show, on behalf of producers, shared this statement with International Business Times: “The Doe v. Marathon matter is rightfully being dismissed. We take great care of all acts that cross the AGT stage and their families. Tyra has been an incredible addition to AGT with her vibrant energy and maternal nurturing spirit, and we look forward to continuing to watch her positive influence on the show.” Original Story:


International Business Times

Latest News

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December. 

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.






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