Obama's victory photo most retweeted, shared ever

A moving photo posted by President Barack Obama on his Twitter and Facebook pages just as TV networks announced his victory has made social media history as the most retweeted and shared ever.

USA Today publisher Gannett cuts 700 jobs

Gannett, the largest US newspaper chain and the publisher of USA Today, said Tuesday it is laying off 700 employees, around two percent of its workforce.

Sony to report $3.2 billion annual loss

(AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with production disruptions from Japan's tsunami and a hacker attack ...

Marketer optimism rises to highest level in two years

Top marketing executives at U.S. firms are more optimistic about the U.S. economy and their own companies, with company performance indicators such as revenue, profits and new jobs climbing across the board.

Another wave of foreclosures likely in new year

(PhysOrg.com) -- As we near the end of the year, Phoenix-area home prices have started to go up, but another wave of foreclosures is likely to hit soon. That's according to the author of the latest Realty Studies report from ...

Retail sector improves as consumers open their wallets

Retail sales for the upcoming holiday season should echo the nation's struggling economic recovery as consumers increase buying by 2.3 percent over last year, says a new report from Ball State University.

Recession may be over, but recovery will be gradual

(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...

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