U.S. store sales down slightly for Thanksgiving and Black Friday

CHICAGO Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moved to the web.

Recent Business News

Holiday shopping unlikely to cheer many investors

SAN FRANCISCO The holiday shopping rush that kicked off on Friday is unlikely to bring much cheer to investors looking for a revival in retail stocks.

27 Nov 2015

Musk's Tesla faces German battle over battery-powered homes

FRANKFURT If Elon Musk's vision of millions of households producing all their own power becomes a reality, it will probably happen first in Germany. But he will face a battle for market share against local firms with years of experience in renewable energy.

Halliburton refiles bid for EU approval of $35 billion Baker Hughes buy

BRUSSELS - U.S. oil services provider Halliburton Co has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes , four months after regulators rejected an earlier application because of insufficient data.

27 Nov 2015

Class action suit against Barclays alleges forex rigging losses

A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.

EU wants to give national privacy regulators more clout in new U.S. data pact

BRUSSELS The European Union wants to enhance the power of the bloc's national privacy regulators in policing a planned new EU-U.S. data pact after the previous one was struck down by a top EU court on concerns about mass U.S. surveillance.


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