NBC News Business
Updated: 27 min 39 sec ago
General Motors, the largest automaker in the U.S., said Monday that its sales dropped 1 percent last month amid a series of winter storms that slammed the country.It said, however, that sales began to thaw at the end of the month.
Stocks dropped on Monday, sliding along with other markets around the world, as worries about Russian intervention in Ukraine had investors fleeing assets perceived as risky.
The list of the world’s billionaires has risen to new heights, with many more women joining the ranks of the ultrawealthy, according to Forbes’ annual ranking, released Monday.Microsoft founder Bill Gates returned to the pinnacle of prosperity, beating out Mexican media mogul Carlos Slim Helu.
Russia's financial markets dropped about 10 percent and its currency fell to its lowest point ever against the dollar and the euro on Monday as the crisis in neighboring Ukraine showed no sign of abating.
Japan's Fast Retailing Co. Ltd, parent of apparel chain Uniqlo, has expressed interest in buying J.Crew Group Inc. from its private equity owners, a person familiar with the matter said Friday.J.Crew, which was taken private by TPG Capital LP and Leonard Green & Partners LP for $2.
LAS VEGAS — Computer hackers stole some Las Vegas Sands customers' Social Security and driver's license numbers during a data breach earlier this month, the casino company said Friday.Las Vegas Sands Corp. said in a statement that the information about some patrons at its Bethlehem, Pa.
Online food delivery company GrubHub plans to raise up to $100 million through an initial public offering.The startup, founded in 2004, did not disclose how many shares would be offered in the IPO or the projected price range in a regulatory filing on Friday.
Kristen Wiig, John Boehner and the founder of Chipotle aren’t often mentioned in the same breath, but all three of them had dealings within the real estate market recently.
Stocks were mixed on Friday, with the S&P 500 closing at a record high, on strong consumer sentiment data, but rumors about possible Russian action in Ukraine had stocks pulling back late in the session.
CUPERTINO, Calif. — Apple Chief Executive Officer Tim Cook said the company sold more than $1 billion worth of Apple TV set-top boxes in 2013 and reassured shareholders at the annual meeting that the company is investing heavily in the next generation of products.
TOKYO ─ Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system.
Sears Holdings Corp said Friday it has launched an investigation to determine whether it was the victim of a security breach, following Target Corp's revelation at the end of last year that it had suffered an unprecedented cyber attack.
The once massive bitcoin exchange Mt. Gox is effectively dead after losing nearly $500 million worth of customers' money and filing for bankruptcy in Japan on Friday.Naysayers have called Mt.
Going, going, gone. Well not quite...Sotheby's auctioned off the "Pink Star" diamond for a world-record price of $83 million in November. But the winning bidder couldn't pay up, so the auction house has acquired the rock for itself.
Fast-rising home prices in 2013 gave back U.S. borrowers much-needed equity in their homes. The housing crash and subsequent plunge in prices during the end of the last decade put millions of borrowers "underwater" on their mortgages — owing more than their homes were worth.
Car manufacturers are cutting costs and increasing fuel mileage in a surprising way. NBC's Chris Clackum reports.
“Breaking bread,” an expression that typically refers to the act of enjoying a meal together and the bonding that results from the experience, is the philosophy behind a new tourism initiative.
Mattel Inc., the world's No. 1 toymaker, said it agreed to buy Canada's Mega Brands Inc. for about $460 million, including debt, to expand its construction and arts and crafts offerings.Mattel, known for its Barbie and Hot Wheels brands, offered $17.
Stocks climbed on Friday, with the S&P 500 hitting an intraday record and the Dow in triple digits, after a final read on consumer sentiment in February came in just above expectations and existing-home sales held steady in January.