JC Penney 1Q revenue down again

PLANO, Texas (AP) - J.C. Penney Co. says that its first-quarter revenue will likely fall 16 percent and is pointing fingers at prior leadership for part of that shortfall. The struggling retailer fired its CEO Ron Johnson last month after only 17 months on the job and rehired his predecessor Mike Ullman. Johnson, who took the helm in ...

Consumers cut back on credit card use in March

Wal-Mart Stores back on top of Fortune 500

NEW YORK (AP) - Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The Bentonville, Ark., company's revenue grew nearly 6 percent in 2012 to $469.2 billion. Exxon Mobil Corp. dropped to the second ...

Senate passes bill letting states tax online sales; House next

YouTube said set to soon launch pay channels

FDA wants cancer warnings on tanning beds, ban use for under 18

Bashful men can buy the little blue pill online

States fear loss of health care aid

Short history of Social Security

Stocks surge to new highs after hiring climbs

Solid April job gains ease fears about economy

App lets amputees program own bionic hands

NYC brokerage rewards employees who get tattooed

NEW YORK (AP) - Getting tattooed with the company logo is all the rage at one New York City brokerage firm. The reward? A 15 percent pay raise. The CEO of Rapid Realty NYC says about 40 employees have gotten inked with the logo in the past two years. Anthony Lolli says workers are ...

Kobe Bryant battles mom, NJ business over auction

PepsiCo cuts ties with Lil Wayne over crude lyrics; he had Dew deal

Microsoft hypes next-gen Xbox One games at E3

Business Briefs

S&P BOOSTS OUTLOOK FOR US GOV'T'S LONG-TERM DEBT: WASHINGTON (AP) - Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and some easing of Washington's political gridlock.

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Economy adds 175K jobs, jobless climbs to 7.6 %

Microsoft says used games will work on Xbox One

NEW YORK (AP) - Microsoft's upcoming Xbox One gaming console will be able to play used games, clearing up a worry among gamers and video game retailers such as GameStop, which trade in used games. That means video games discs users buy will not be limited to one Xbox One device, and players can share or trade in the games they have bought for other used games, just as they have been able to do ...

J.C. Penney launches new home department

Consumer borrow $11.1B in April

Bill to legalize web poker introduced

PG&E to pay $50.5 million because of wildfires

SACRAMENTO (AP) - PG&E and its contractors have agreed to pay $50.5 million to settle Department of Justice allegations that the utility was responsible for two wildfires that scorched 18,000 acres of national forest land in Northern California. The U.S. Attorney's office in Sacramento announced the settlement Thursday. DOJ alleged in a lawsuit that a dropped cigarette lit by a work crew hired by a PG&E contractor ignited a 2004 fire that burned 13,000 acres ...

Did Whole Foods fire workers for speaking Spanish at work?

FDA favors easing safety limits on Avandia

Nestle Purina to purchase Petfinder

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Microsoft to add Outlook to Windows system on RT tablets

SAN FRANCISCO (AP) - Microsoft will add its popular Outlook email program to more tablets running on a lightweight version of its Windows operating system as part of a free software update this year. The Outlook 2013 app will be given to owners of Microsoft's Surface tablet and similar devices running Windows RT. That's a slimmed down version of Windows 8, a radical overhaul of the ubiquitous operating system used on most personal computers. Microsoft ...

Some morning-after OTC pill sales allowed

Long-awaited keyboard BlackBerrys hit stores