What your business can learn from Kmart’s turnaround strategy

Over the past few years, the U.S. emerged from the worst financial crisis since the Great Depression. Nearly every corner of the capital markets and the wider economy were affected.

Sears Chief Says Retail Turnaround Means Melding Tech With Store Upgrades

Lou D’Ambrosio, chief executive officer of Sears Holdings Corp. (SHLD), said creatively combining technology with spending on stores is the best way to turn around the largest U.S. department store chain.

Drug Approvals Hit a Seven-Year High in 2011 on Improved Data

U.S. approvals of new drugs hit a seven-year high last year as pharmaceutical companies responded to regulators’ demands for better safety data and avoided last- minute requests for more information.

Fed Boosts Transparency With Decision to Reveal Rate Forecasts

Federal Reserve Chairman Ben S. Bernanke is betting that announcing Federal Reserve officials’ own forecasts for borrowing costs will make monetary policy more effective while also supporting the two-year expansion.