NEW YORK, NY (CNN) - CNN Money's Maribel Aber has your top business and financial news on this Wednesday, April 2.
Dillard's Inc. of Little Rock said Tuesday that Wells Fargo & Co. will handle the publicly traded department store chain's credit cards. Wells Fargo of San Francisco will fund, issue and service Dillard's-branded private label and co-brand credit cards, according to a joint news release. The 10-year agreement is expected to begin in the fourth quarter, after Dillard's agreement with GE Consumer Finance ends. Dillard's received about $113 million in revenue from the GE agreement in the fiscal year that ended Feb. 1. In fiscal 2012, Dillard's received $107 million in revenue from GE; in fiscal 2011, it took in $96 million.
Apple will soon begin manufacturing the displays for this year's iPhones. Judging by leaked screen specs, the upcoming phones promise to be much bigger devices than previous generations, according to a report from Reuters. The report, which cites unnamed sources in Apple's supply chain, says there will be two screen sizes — a 4.7-inch screen, which is already considerably larger than the iPhone 5 series' 4-inch displays, and a plus-sized 5.5-inch screen. While Japan Display, Sharp and LG Display have all been tapped to start making the 4.7-inch screen in May, there's a delay in the planned production of the 5.5-inch display while Apple decides some technical issues, Reuters says.
General Motors has been the subject of a lot of tough news stories lately. But here's a bright spot: GM's U.S. retail sales were up 7% in March. GM's overall sales were up 4%, as a planned reduction in sales to rental companies dented GM's fleet sales totals. But GM said on Tuesday that it had gained retail market share, and several of its key product lines posted strong results. GM's new pickups, the 2014 Chevy Silverado and GMC Sierra, have sparked a lot of discussion among analysts. On the one hand, the new trucks are strong contenders in the category. But GM's insistence on keeping incentives low has cost the company sales, particularly at the lower end of the market.
Wil Wheaton is best known to sci-fi fans for his role as Wesley Crusher in Star Trek: The Next Generation. He reaches his largest audience playing himself -- and playing off his sci-fi roots -- in the hit TV series, The Big Bang Theory. But millions of fans around the globe know Wheaton for something very different -- TableTop. The YouTube series, which is part of Felicia Day's Geek & Sundry channel, has helped redefine what a niche audience is in today's connected world. It even has helped create an International TableTop Day (April 5), when the world congregates to play classic multiplayer board and card games with friends around a table. Wheaton discusses the new entertainment landscape and explains how crowdfunding has forever changed the creative industry.