Dow Rallies on Tech Stocks. Next Stop 12,000?

Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2…

Struggling J.C. Penney to Shut Stores in Cost-Cutting Move

J.C. Penney (JCP) said it will close some of its department stores, call centers and outlet stores in a bid to cut costs.

The struggling retailer will shut five department stores in locations including Morrow, Ga., and West Dundee, Ill., the company …

The Top Wealth-Creating CEOs of 2010

Which CEOs have helped deliver the best returns to investors — and which have done them no good at all? Chief Executive magazine has this year’s ranking of the top 50 best and worst wealth-creating CEOs. The No. 1 shareholder …