Top American CEOs will meet with President Obama on Wednesday to talk about the fiscal cliff.
David Siegel, the CEO who had warned his employees they'd face layoffs if President Obama was re-elected, gave everyone a 5% raise last week instead. Siegel isn't backing off his gloomy predictions for the economy under Obama's second term. But he said his company, Westgate Resorts, had record profitability this year and he wanted to share the success with employees, most of whom had not gotten a raise the year before.
U.S. stocks finished little changed Monday amid thin trading volume and ongoing worries over the looming fiscal cliff as well as uncertainty over Europe and Greece.
Motor Trend magazine has named the Telsa Model S its Car of the Year. The magazine's staff selected the all-electric plug-in luxury car out of a field of 11 finalists that included models such as the Ford Fusion, Porsche 911 and Hyundai Azera. It is the first time the magazine's Car of the Year award has ever gone to an all-electric car.
Research In Motion announced Monday that BlackBerry 10 will finally debut on Jan. 30, a year after the company's next-generation smartphones and software were slated to go on sale.
There are four tech companies controlling the industry's direction: Apple, Google, Amazon and Facebook. Will they still be ruling the tech field in a decade?
Twinkie-maker Hostess Brands said Monday that it could go into liquidation if its bakers continue striking in protest against a new contract imposed in bankruptcy court.
When Roman and Marianna Bediner's Staten Island, N.Y., home was clobbered by Superstorm Sandy they took some comfort in knowing that it was insured. But a few days later, when they learned that their coverage would pay for only a fraction of the $75,000 to $100,000 needed to put the house back together again, that feeling evaporated.
Target announced Monday it will open at 9 p.m. Thanksgiving evening, the earliest it's ever started its Black Friday sales.
Toys R Us is joining the slew of stores that will open increasingly early this Thanksgiving.
"Black Friday" may be a thing of the past. That's because retailers are duking it out over who is the first store to open for the big annual holiday sales. What used to be a day-after-Thanksgiving ritual, is now inching closer and closer to the Thursday night turkey dinner.
Big-time deal hunters know that the secret to finding the deepest discounts on Black Friday is to start early.
"Skyfall" didn't just top the U.S. box office this weekend -- it blew past every other James Bond film in the franchise's history.