Verizon's 1Q Profit Falls 20%

Verizon, the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data plans.

Samsung Boss Goes to Trial

Flanked by security guards and dressed in a light gray suit, Lee Jae-yong, the de facto head of the Samsung conglomerate, entered a courtroom here and told a judge his birthday, job title and home address, as his trial began in a corruption scandal that has gripped South Korea.

Tech innovation key to Neiman Marcus' retail battle plan

As consumers flock to online shopping platforms, upscale Neiman Marcus is using tech innovation as a way to provide more customized shopping experiences - a strategy it hopes will keep customers coming back for more. The luxury retailer's VP of customer-facing technologies, Rajeev Rai, explains how.

Neiman Marcus' advantage over Amazon

It's no secret more Americans are shopping online, but Rajeev Rai, VP of customer-facing technologies at Neiman Marcus, said there's something about his company that's luring customers through the door.