Mike Ullman, chief executive officer of J.C. Penney Co., speaks during the grand opening of a new store in the Brooklyn borough of New York on Aug. 29, 2014.
SAN FRANCISCO (MarketWatch) - Some blamed crude-oil's decline Thursday on the record-high supplies in the U.S. But there's a little more to it than that.
Gap Inc.'s fourth-quarter revenue grew by 3%, but it took improved sales at Old Navy stores to help offset a drop-off at the company's namesake brand.
NEW YORK (The Deal) -- The New York Daily News is on the block, after an unnamed party approached the daily's billionaire owner Mort Zuckerman about a sale.
Herbalife Ltd., the embattled Los Angeles nutritional products company, said its profit fell 16% in the fourth quarter. Revenue was down 11% for the quarter.