![[VIDEO] David Beckham cries during last game of his career](http://cdn.ph.upi.com/sblc/4151369187683/5/VIDEO-David-Beckham-cries-during-last-game-of-his-career.jpg "[VIDEO] David Beckham cries during last game of his career")
![[VIDEO] Amy Poehler back on 'SNL' for 'Weekend Update' segment targeting IRS](http://cdn.ph.upi.com/sblc/i/4151369187683/13690077384778/7/VIDEO-Amy-Poehler-back-on-SNL-for-Weekend-Update-segment-targeting-IRS.jpg "[VIDEO] Amy Poehler back on 'SNL' for 'Weekend Update' segment targeting IRS")
![[PHOTOS] 2013 Celebrity Couples](http://cdn.ph.upi.com/sblc/4151369187683/8/PHOTOS-2013-Celebrity-Couples.jpg "[PHOTOS] 2013 Celebrity Couples")
1.
Saab upgrading bid for Brazil FX-2 contest
RICHFIELD, Minn., March 29 (UPI) -- U.S. electronic retailer Best Buy Co. said it would close 50 big box stores in 2012 after posting a $1.7 billion loss in the fourth quarter.
MarketWatch reported Thursday that sluggish sales of televisions and light-weight, notebook computers contributed to the loss. In the previous quarter, the store chain earned $651 million.
The retail chain also had $2.6 billion in charges related to closing stores in Britain and buying Carphone Warehouse Group out of its Best Buy Mobile profit sharing agreement.
The company's plan is to save $800 million in operating costs by the fiscal year 2015, MarketWatch said.
|
|
|
|
|
|
| Additional Business News Stories | |
BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
|
SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption
