U.S. economy
American retailer Payless ShoeSource files Chapter 11 bankruptcy with plans to close all of their U.S. stores.
Sources: USA Today
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American retailer Sears files for Chapter 11 bankruptcy after accumulating USD $134 million in debt.
Starbucks executive chairman and former CEO Howard Schultz retires from the company.
Pizza chain Sbarro files for chapter 11 bankruptcy for the second time in 3 years.
Revised data indicates that the United States economy grew 0.1% in the fourth quarter of 2012.
New home construction fell to its lowest level since April 2009.