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Abercrombie CEO Abruptly Retires as Sales Fall

By Anne D'Innocenzio and Michelle Chapman | Dec 10
Abercrombie & Fitch's longtime and embattled CEO Michael Jeffries has abruptly retired as the once-hip teen clothing chain struggles to regain its popularity.

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Gift Guide: Strong Photo, Video Gear Options

CORPORATE | By Ron Harris | Dec 22
What to buy an experienced photographer or video shooter? There is some strong gear on the market from Nikon, GoPro and Domke.

1st Drone in Nevada Test Program Crashes in Demo

LEGAL | By Ken Ritter | Dec 22
An aerial drone testing program got off to a bumpy start Friday in Nevada, when the first unmanned aircraft authorized to fly without direct Federal Aviation Administration supervision crashed during a ceremony at a remote site.

IRS Head Says Budget Cuts Could Delay Tax Refunds

FINANCE | By Stephen Ohlemacher | Dec 22
Budget cuts at the IRS could delay tax refunds, reduce taxpayer services and hurt enforcement efforts, IRS Commissioner John Koskinen said.

Credit Card Information Stolen from Staples Customers

CORPORATE | Dec 22
Staples, the nation's largest office-supply retailer, is investigating the breach that took place earlier this year. Michael Regal, editor at large for Bloomberg News, joins "CBS This Morning: Saturday" to discuss the cyber attack.

Chinese Activists Hope Victory Signal End to Gay Conversion

LEGAL | By Winnie McCroy | Dec 21
In the first ruling of its kind in China, a Beijing court said on Friday that a psychiatric counseling center was in the wrong when it attempted to cure a 30-year-old man of homosexuality with a mix of hypnosis and electric shocks.

After 19 Years, Alfa Romeo is Back in US

CORPORATE | By Ann M. Job | Dec 19
After a 19-year absence, Italian carmaker Alfa Romeo is back in the United States and wowing Alfa enthusiasts with the sexy, fun-to-drive 2015 4C two seater.

2 More Former Sony Workers Sue Over Data Breach

LEGAL | By Anthony McCartney | Dec 19
Two more former employees of Sony Pictures Entertainment are suing the company over the massive data breach in which their personal and financial information was stolen and posted online.

Average US 30-Year Loan Rate Falls to 3.80 Percent

FINANCE | Dec 19
Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year. The rates' historically low levels could be a boon to potential homebuyers.

'Serial' Podcast Airs Season 1 Finale

LEGAL | Dec 19
"Serial," the wildly popular podcast averaging more than a million downloads an episode, has posted the finale to its first season.

Gift Guide: Home Products Come with Connectivity

CORPORATE | By Anick Jesdanun | Dec 19
Do you really need an app to tell you to brush and floss? It seems every household appliance is getting some smarts these days, meaning some connection to a phone app and the broader Internet. But then what?

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