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Business

  • GM boosted June sales with discounts to dealers
    As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.
  • Target taps outsider as next CEO
    NEW YORK – Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.
  • Kroger Marketplace to end furniture line
    From furniture to flannel shirts. Kroger Marketplace stores announced Thursday they would abandon furniture sections in favor of apparel.
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Week Ahead

Tuesday

•Commerce Department reports on wholesale trade inventories for December

•Labor Department releases job openings and labor turnover survey for December

•Federal Reserve Chair Janet Yellen testifies before the House Financial Services Committee on monetary policy and the economy; Senate Budget Committee hearing on the budget and the economic outlook

•Airbus holds press conference at airshow, topics to be discussed likely include long-term forecast

Wednesday

•Treasury releases federal budget for January

Thursday

•Labor Department releases weekly jobless claims

•Commerce Department releases retail sales data for January

•Freddie Mac, the mortgage company, releases weekly mortgage rates

•Commerce Department releases business inventories for December

•Senate Health, Education, Labor and Pensions Committee hearing on the minimum wage

Friday

•Federal Reserve releases industrial production for January

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