Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
3-D-printed gun fires real bullets A Texas group run by a self-described anarchist has posted what appears to be the first video of the live firing of a handgun created with a 3-D printer. The 53-second video shows a single shot being fired from The Liberator, a plastic handgun that, with the exception of its metal firing pin, was assembled from parts made with a 3-D printer, according to Defense Distributed. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
How Walmart, Target and FedEx Shares Are Impacted by Recent Port Strikes Today’s most important news—and implications—can be taken from the recent port strikes that started this week. When the dominoes are laid out, investors may arrive at a few pain points of ... 10/3/2024 - 4:42 am | View Link