Wall Street stocks hit by weak consumer survey
Wall Street shares tumbled Friday after a weak report on U.S. consumer sentiment triggered renewed caution and prompted investors to lock in gains from the recent rally.
The Dow Jones Industrial Average fell 76.79 points (0.82 percent) to close
Weekend Open Thread
On her MSNBC show last night, the left-wing Air America host Rachel Maddow took a swipe at the conservative Shirley & Banister Public Affairs firm, specifically President and CEO Craig Shirley. Maddow accused Shirley of being behind a grassroots Web
Shoppers 'put off' by pretty staff
...research was released in the week it was revealed that a student with a prosthetic arm won her case for wrongful dismissal by Abercrombie & Fitch. Riam Dean, who was born with her left forearm missing, claimed she was forced to work in the stockroom of the...
How to stop a shopaholic? Take her to shops with the most attractive staff
Husbands have long been baffled by their wives' shopaholic tendencies. Now researchers in Australia believe they have found a way to stop women spending. The solution, they say, is to visit shops with the prettiest staff.
Students at the University of
A&F reports another big loss
Abercrombie & Fitch couldn't stop the bleeding in the second quarter, as the New
Albany-based apparel company reported a loss that was close to the same size as the writedown it
took, in great part for closing its Ruehl chain.
The loss of $26.7
Titleist golf ball maker wins appeal over Callaway
Acushnet won an appeals court ruling that lifts a ban on sales of its Titleist Pro V1 golf balls and gives it a second chance to invalidate patents owned by rival Callaway Golf Co.
Acushnet redesigned the Pro V1 to work around the patents in the case
IT'S SLACK TO SCHOOL
The outlook for the crucial back-to-school season got cloudier for retailers, as industry stalwarts J.C.Penney and Abercrombie & Fitch suffered plunging sales and profits. Abercrombie CEO Mike Jeffries said yesterday that shoppers' growing...
Energy prices drop sharply
Oil tumbles following reports of a drop in consumer confidence.
Published: 8/15/2009 2:25 AM
Last Modified: 8/15/2009 2:25 AM
NEW YORK ? Energy prices finished the week sharply lower, giving up more than 4 percent Friday on evidence that consumers
Blackstone CEO tops U.S. executive pay
BOSTON -- Taking his private equity firm public paid off big for Blackstone Group LP's Stephen Schwarzman, who became the top-paid chief executive in the United States last year, a title he is likely to retain for some time, according to an analysis
Abercrombie and Fitch moves to Q2 loss
... NEW ALBANY, Ohio -- Abercrombie & Fitch said Friday it lost money in the fiscal second quarter as sales slumped for the high-priced teen retailer amid the recession and it began closing its Ruehl business. Loss for the quarter ended Aug. 1 totaled US$26.7...
