latest articles

Clerical Error Complicates Payments to Ponzi Scheme Victims

Funds are being distributed to victims of Trevor Cook's Ponzi scheme, but a recent clerical error resulted in some investors receiving more money than they were supposed to-and until they return the extra funds, assets won't be distributed to other victims who were underpaid.

Best Buy CMO Is Latest Executive to Depart

Barry Judge has reportedly left his role as chief marketing officer at Best Buy, and Stephen Gillett, who was recently appointed to lead the company's digital efforts, will now also oversee its marketing operations.

Target: April Sales Up But Lag Estimates, No More Kindle

For the first quarter of this year, Target's same-store sales rose 5.3 percent-marking its strongest quarterly same-store sales performance in more than six years. In other news, the retailer has opted to stop selling Amazon's Kindle e-readers.