Bloomberg Best Buy Co.’s turnaround journey only gets harder from here. The retailer, which is rolling out new offerings to grab more of its customers’ spending, faces a suite of challenges: tougher year-ago comparisons, the continued encroachment of Amazon.com Inc. and the cost of launching a new tech-support program. The consumer spending boost fuelled by the recent tax cuts in ...

Bloomberg United Continental Holdings Inc.’s board named former Federal Aviation Administration (FAA) boss Jane Garvey to be chairman, as the carrier works to improve operations and close a profit gap with rivals. Garvey succeeds Robert Milton, a former Air Canada chief executive officer who led United’s board for two years and announced plans last month to step down. Garvey, who ...

Bloomberg Lowe’s Cos.’ incoming chief executive officer has some repair work ahead of him. Fortunately, the improving US weather makes for perfect conditions. The home-improvement chain, which named J.C. Penney Co.’s Marvin Ellison as CEO, posted profit and comparable sales that missed estimates in its first fiscal quarter as chilly weather in the US weighed on results. But activity began ...