Business-Consumer Headlines

Business-Consumer

Tesla buyers to lose $7,500 tax credit later this year

Time is running out for Tesla buyers to get a $7,500 federal tax credit with their purchase.In an SEC filing e...

Winter Olympics: Six TV takeaways from NBC's performance

The Winter Olympics are nearly over, bringing with them the customary biennial status check on the viability of the G...

Brazil sinks deeper into junk debt status

Brazil is struggling to prove that it's cleaning up corruption and fixing its economy.Latin America's largest ...

No, Dana Loesch, members of the media do not 'love' mass shootings

After a week on the defensive, the National Rifle Association is trying to shift blame to the media, making journalis...

Companies cut ties with the NRA

Three car rental brands are ending their discount deals for National Rifle Association members.Enterprise Hold...

BMW plans to build electric Minis in China

Mini production is moving out east.BMW, which makes the famed ...

China's big conglomerates are no longer buying up the world

The party is over for some of China's most acquisitive companies.Three of China's biggest conglomerates -- Dal...

A decade at RBS: $81 billion lost; $1 billion made

At last! The Royal Bank of Scotland has turned a profit for the first time in a decade.The lender, which is la...

Asia wants some of Trump's infrastructure billions

The US isn't the only place where big investment in infrastructure is sorely needed.President Trump wants to p...

Big stock swings; Cinemark earnings; Beijing grabs Waldorf Astoria

1. Market movers -- Tech, banks, airlines: There have been few dull moments in the markets this mont...

China seizes control of insurer that owns the Waldorf Astoria

The Chinese government has seized control of a deal-hungry insurance firm that owns major assets in the U.S. includin...

BlackRock has questions for gun companies after Florida massacre

BlackRock has some questions for gun companies about their response to the school shooting in Florida.The gian...

First National Bank of Omaha will stop issuing NRA Visa card

First National Bank of Omaha said it will stop issuing an NRA-branded Visa card as the national debate over guns reac...

The persistence of Parkland: How the Florida shooting stayed in the media spotlight

Seven days after a horrific shooting claimed the lives of 17 people at Marjory Stoneman Douglas High School, the fron...

It's getting more expensive to buy a home

Here's some more bad news for home buyers: It's getting even more expensive to buy a home.The average rate of ...

Are rubber bands putting American jobs at risk? Trump trade team is investigating

The Trump administration wants to determine whether foreign-made rubber bands pose a risk to American workers....

Year after coronation, Breitbart has diminished presence at CPAC

Last year's edition of the Conservative Political Action Conference served as something of a coronation for Breitbart...

Nasdaq wants to boot iced tea maker for taking advantage of bitcoin craze

Nasdaq wants to boot an iced tea maker off its exchange for allegedly trying to fool investors caught up in the crypt...

Sturm Ruger has cut 700 jobs in the last year due to plunging gun sales

The drop in gun sales has lead to deep job cuts at Sturm RugerOn Wednesday, the company reported a 21% sales d...

Sturm Ruger has cut 700 jobs in the last year

The drop in gun sales has lead to deep job cuts at Sturm RugerOn Wednesday, the company reported a 21% sales d...

Trump administration seeks to require more people to work for food stamps

The Trump administration wants more food stamp recipients to work for their benefits.The Agriculture Departmen...

Venezuelan refugee crisis adds to Colombia's growing challenges

Colombia was once the rising economic star of Latin America. Now it has a long list of challenges - and the latest is...

The fight for Sharpie and Yankee Candle

An $18 billion case of buyer's remorse is gripping the conglomerate that makes Sharpie, Yankee Candl...

Margaret Brennan named host of CBS' 'Face the Nation'

Margaret Brennan will succeed John Dickerson as the moderator of "Face The Nation," ...

Amazon hits $1,500 for the first time ever

Amazon is unstoppable right now.Jeff Bezos' machine touched $1,500 a share Wednesday for the first time ever. ...

Hedge fund billionaire: 70% chance of recession before 2020 election

The roaring American economy will probably sink into a recession before President Trump stands for re-election in 202...

Subway has a new loyalty program to turn around its slumping sales

Subway is launching a new rewards program to win back customers.Starting next month, customers will be able to...

S&P frets over Gibson Guitars' debt problem

Iconic American guitar manufacturer Gibson is facing some financial blues. Standard & Poor's ...

3M and H&M probe claim they used Chinese prison labor

Three big Western companies are investigating allegations that prisoners in China made packaging bearing their brand ...

Stock markets dip; Diesel ban ruling; Tobacco company suffers

1. Negative sentiment takes hold: US stock futures...

Crash landing: Angry Birds maker plummets 54% since IPO

Shares in the maker of Angry Birds have lost half their value since they listed on the stock market last October....

The opioid crisis is draining America's workforce

A pack of cigarettes sits on top of a Buffalo Wild Wings application on the kitchen table in front of Mike Harsanyi. ...

Drama erupts at CPAC after panel told to drop speaker who attacked Florida shooting survivor

The Conservative Political Action Conference hasn't even started and a snafu is once again stealing the limelight ahe...

Sturm Ruger says gun sales plunged

Sturm Ruger on Wednesday reported double-digit drops in gun sales and earnings for the quarter and the year.St...

NBC's Winter Olympics ratings down but not exactly on thin ice

NBC's coverage of the Winter Olympics in Pyeongchang, South Korea, has been hit by a ratings drop half way through th...

All signs point to more Fed rate hikes in 2018

Federal Reserve officials are increasingly optimistic about U.S. economic growth this year, leaving them on course to...

Ford's president of North America is out over 'inappropriate behavior'

Raj Nair, Ford's president of North America, is out after an internal investigation into reports of "inappropriate be...

Mass shootings don't boost gun sales anymore. Here's why

Mass shootings like the Florida tragedy that left 17 dead typically prompt a jump in gun sales, because buyers worry ...

GE no longer wants a hasty divorce from Baker Hughes

General Electric isn't planning a hasty divorce from oil services giant Baker Hughes after all.GE was consider...

Stelter: How to clean up the conspiracy theory 'pollution' that's making us all sick

In the real world, the funerals continue for victims of the Florida school shooting. In the virtual world, the surviv...

Bill Gates flunks Ellen's grocery shopping challenge

Bill Gates is a genius. But he doesn't know much about grocery prices.The billionaire appeared on the "The Ell...

Coal country shouldn't count on a Trump-fueled comeback

President Trump has backed up his vow to revive coal by toppling Obama-era environmental rules, by attempting a coal ...

Vox Media to lay off around 50 staffers in latest round of industry cuts

Yet another digital media company is making cuts.Vox Media said Wednesday that it's laying off about 50 people...

Priceline's parent company is changing its name

Who wants to tell William Shatner?The owner of Priceline is changing its name.The travel website's pare...

Many Volkswagen workers will get 45 vacation days

It's a good time to be a German autoworker.About 120,000 unionized Volkswagen workers just agreed to a deal th...

UK unemployment rises for first time since Brexit vote

Britain has registered its first rise in unemployment since the Brexit referendum in 2016.The increase in the ...

JPMorgan Chase plans new Manhattan headquarters

JPMorgan Chase is building new headquarters in an old spot.The bank plans to tear down its 50-story building o...

As DACA debate continues, these Dreamers are saving lives

If Congress fails to reach a deal on immigration in the next couple of weeks, thousands of young people who were brou...

A massive US farming industry fears China trade trouble

One of America's biggest farming industries fears it could find itself in China's cross hairs if President Trump keep...

Amazon and Whole Foods. CVS and Aetna. A scorecard of the biggest deals

CVS and Aetna. Amazon and Whole Foods. And now, Albertsons and Rite Aid.It's hard to keep track of all the big...

Oil under pressure; Fed minutes; U.K. jobs

1. Oil drops: U.S. crude futures fell as much as 1.4% early Wednesday.Prices are struggling b...

Newsweek publishes critical piece on company after staffers threaten to resign

Late Monday night Newsweek's acting editor-in-chief, four senior editors and two reporters were ready to quit. After ...

Alibaba bets on Olympics to make it a household name

Alibaba is ready to compete on the world stage. China's biggest e-commerce company just made ...

Tavis Smiley sues PBS, saying sexual misconduct investigation was biased

Tavis Smiley filed a lawsuit against PBS on Tuesday, saying that the organization used allegations of sexual miscondu...

3M will pay $850 million in Minnesota to end water pollution case

3M is paying $850 million to end a years-long lawsuit claiming it contaminated water in its home state of Minnesota....

The unwitting: The Trump supporters used by Russia

A Donald Trump supporter who unwittingly helped a Kremlin-linked operation to meddle in American politics says he onl...

Kendrick Lamar's 'Black Panther' album is a hit - and it could change the music industry

"Black Panther" is a bonafide box office smash, and its soundtrack is tearing up the charts, too."Black Panthe...

BP: Demand for oil could peak by late 2030s

The world's thirst for oil may finally be quenched.Global demand for crude is likely to "plateau" during the l...

NBA's Adam Silver: Two decisions that have defined my tenure

Adam Silver became NBA Commissioner in February 2014.Just two months into his new job he was ...

Judge blocks AT&T's request to see White House communications about Time Warner deal

The judge overseeing the Justice Department's lawsuit to block AT&T's purchase of Time Warner has rejected the teleco...

Why Coke is winning the cola wars

It's been a long time since PepsiCo just sold Pepsi and Coca-Cola just sold Coke.Both companies now sell juice...

Why Thomas Friedman issued a 'code red' warning to America

Thomas Friedman doesn't scare easily.The New York Times op-ed columnist is best known for his sober columns ab...

Why gay Olympians Adam Rippon and Gus Kenworthy are marketing gold

Not long ago, athletes like Olympians Adam Rippon and Gus Kenworthy might have waited until retirement to come out as...

The fight over razor, diaper and shampoo prices

Razor, diaper and shampoo makers are waging a high-stakes battle over prices.Procter & Gamble, Kimberly Clark ...

Democrats demand Equifax extend protection for consumers

Democrats are pressing Equifax to offer more protection to millions of Americans after last year's massive data breac...

The U.S. is picking a fight with its biggest creditor

It's a strange time to pick a fight with your biggest lender.President Trump is considering more tariffs that ...

Rising rates don't have to doom stocks

Rising rates can be scary, especially for a stock market addicted to unbelievably low rates.The wild swings on...

Guess co-founder steps aside amid Kate Upton allegations

Guess co-founder Paul Marciano has stepped down from the company amid accusations that he once groped supermodel Kate...

Fox increases its commitment to keep Sky independent to placate UK regulators

21st Century Fox is increasing its commitment to an independent Sky News as a deadline nears for a UK regulator's dec...

Infant milk allergy? A farm in Dubai may have the answer

A farm in Dubai has found a novel answer to one of the most common infant allergies: camel milk baby formula.C...

Amazon's latest Prime perk: 5% cash back at Whole Foods

Amazon Prime credit card holders just bagged a new reward.Beginning Tuesday, Whole Foods shoppers who use the ...

Walmart's worst day since 1988 drags down the Dow

Stocks slipped to kick off trading after the holiday.The Dow fell as much as 200 points on Tuesday, halting la...

Walmart's stumbles with online growth

Walmart is finding it somewhat more difficult than expected to compete head-to-head with Amazon.The nation's l...

Trump administration unveils alternative to Obamacare

Americans will soon have one more alternative to Obamacare, thanks to the Trump administration.Officials Tuesd...

Donald Trump Jr. dismisses ethics concerns in India

Donald Trump Jr. kicked off a tour of India on Tuesday with praise for the country's business climate under Prime Min...

Venezuela tries a cryptocurrency to solve its economic crisis

Venezuelan leaders face an unprecedented economic crisis, and their currency is almost worthless.So they creat...

US stocks weaken; Walmart earnings; HSBC stumbles

1. More volatility?: US stock futures are pointin...

Stink bugs on ships disrupt Japan's car exports

A pesky insect known as the "stink bug" is preventing thousands of Japanese cars from being delivered to New Zealand....

Union workers want Disney to pay their $1,000 tax cut bonuses

Unions representing about 35,000 Disney World workers say Disney is refusing to pay their members $1,000 tax cut bonu...

Albertsons agrees to buy Rite Aid

Albertsons wants to scoop up Rite Aid.The deal announced Tuesday will create a new company with about $83 bill...

Fox News is launching a streaming service for 'superfans'

Fox News wants its biggest fans to sign up for a streaming service called "Fox Nation."The network is preparin...

Small banks near big win on Dodd-Frank rollback

Thousands of the country's smallest banks and dozens of regional lenders may finally get the relief they've been achi...

Europe is getting its biggest IPO in years

Is now the time to buy new shares? One of Europe's biggest companies certainly hopes so.German conglomerate Si...

KFC is running out of chicken across the U.K.

KFC is running out of ... chicken?The fast food chain has been forced to temporarily close hundreds of restaur...

Stelter: The 'Oprah 2020' story isn't going away. Trump just made sure of it

Oprah Winfrey says she is "not running" for president right now, but she has not ruled it out in private conversation...

Why steel and aluminum tariffs matter to the U.S. economy

The Trump administration's hard-edged proposals to impose steep tariffs on steel and aluminum imports would boost a f...

Donald Trump Jr. will dine with apartment buyers in India

Donald Trump Jr. is pulling out all the stops on a visit to his company's biggest international market.Preside...

Emirates hands Arsenal $280 million in record sponsorship deal

Arsenal has just secured its biggest sponsorship deal ever.The top London soccer club and Emirates Airline on ...

As Whole Foods merges with Amazon, local suppliers watch and worry

Whole Foods discovered Jenna Huntsberger's cookies in 2015.Treats from her bakery Whisked, then based out of a...

Top European banker detained in bribery probe

A top official at the European Central Bank has been detained as part of a criminal probe by anti-corruption investig...

Olympic figure skater Adam Rippon pulls out of NBC gig

Olympic figure skater Adam Rippon has pulled out of a job as a correspondent for NBC at the Winter Games in South Kor...

David Gergen: Trump's attacks on media pose 'growing' threat to America

President Trump's attempts to discredit the Russia investigation and his attacks against the media pose a "growing" t...

Trump tariffs on steel would hit China -- and the entire global trading system

If President Trump decides to impose steep tariffs on steel, it would be a direct shot at Beijing.But the list...

Sunny days for the economy can't last forever

1. It's getting late: The recovery from the Great Recession is already one of the longest economic e...

David Glasser, top executive at Weinstein Company, fired from post

One of the Weinstein Company's top executives was fired on Friday night in an apparent response to the New York attor...

Why sponsors are breaking up with the Olympics

Few events are more appealing from a sponsorship perspective than the Olympics.The Games command a global audi...

'Black Panther' is heading for a blockbuster weekend. Here's why that matters

The King of Wakanda's reign at the box office has begun."Black Panther," which stars Chadwick Boseman and Marv...

China warns Trump over potential steel and aluminum tariffs

China is warning President Trump that it will take action if he puts heavy tariffs on imports of steel and aluminum....

DOJ says Trump and politics did not play a role in the AT&T lawsuit

The government on Friday asked a judge to strike AT&T's defense that the Justice Department is unfairly targeting the...

How the Russians did it

The operation sounds like a normal tech-savvy ad agency.There's a graphics team. There is a team devoted to ma...

Big business to Trump: Tariffs could backfire

The Business Roundtable has a message for President Trump: The tariffs your administration has proposed would backfir...

Idaho thinks it has a better idea than Obamacare

Idaho isn't waiting for Congress to repeal and replace Obamacare.Only a few weeks after Governor C.L. Butch Ot...

'Columbine' author Dave Cullen: The media needs to cut back on coverage of mass shootings

In the nearly 20 years between the shooting at Columbine High School in Colorado and Wednesday's shooting at Marjory ...

Some people already get food in a box from the government

Providing food in a box to needy Americans is nothing new for the federal government.It already supplies packa...

The NBA is not afraid to lead on social justice

NBA stars are not afraid to speak their minds.They have worn...

Trump administration recommends steep tariffs on steel and aluminum

The Commerce Department is recommending steep tariffs on foreign steel and aluminum.The suggested tariffs, off...

Campbell Soup has a soup problem

Campbell Soup is still struggling to sell ... soup.The company says soup sales fell 7% last quarter in the Uni...

Tariff winners and losers: U.S. Steel spikes, Ford retreats

Wall Street is already handing out verdicts on who will win and who will lose if President Trump follows the Commerce...

Hospitals are turning to hurricane-hit Puerto Rico to recruit nurses

Hurricane Maria was the final straw for Gina Aponte Torres.Aponte Torres had been working as an emergency room...

Banks in Argentina to close for 4 days amid strike

Headaches and long lines are growing at banks across Argentina in the sweltering summer heat....

Is now the time to invest in South Africa?

South African President Cyril Ramaphosa says his country is entering "a new era" following the ouster of his scandal-...

Steve Wynn won't get a severance package

Steve Wynn will not be getting a severance package.The Wynn Resorts founder and CEO resigned last month after ...

NBA Commish Adam Silver: Why his league didn't televise All-Star draft

Picture this: LeBron James and Steph Curry are NBA All-Star Game team captains.For the first time, the midseas...

Citigroup CEO scores a 48% raise to $23 million

Citigroup boss Michael Corbat just got a huge raise.Corbat scored $23 million in total pay last year, the bank...

FDA vows to combat high drug prices and companies 'gaming the system'

Food and Drug Administration Commissioner Scott Gottlieb said he will do everything "within my lane" to combat high d...

Volkswagen is off to its best start ... ever

One month, 898,700 cars sold.Volkswagen Group said Friday that it has set a new sales record for January, with...

Tax cut scoreboard: Workers $6 billion; Shareholders $171 billion

It's raining stock buybacks on Wall Street -- thanks to President Trump's massive corporate tax cuts.The White...

Jimmy Kimmel to Trump after school shooting: 'You've literally done nothing'

An emotional Jimmy Kimmel opened his show Thursday night by speaking to both his audience and President Trump followi...

China has boosted its huge stash of U.S. government debt

America's biggest foreign creditor is opening its wallet wider.China's ...

Stocks on a roll; Chinese takeover blocked; Coca-Cola earnings

1. Stocks are on a roll: Will a major rebound by U.S. stocks extend to a sixth consecutive trading s...

A massive Chinese company is reversing its global spending spree

A mysterious Chinese company that borrowed billions to snap up high-profile businesses around the world is now scramb...

Inflation is back. Don't panic

Quest's Profitable MomentFor the past five years, the search has been on for any signs of inflation. Month aft...

A Chinese takeover of the Chicago Stock Exchange just got blocked

The SEC is barring a Chinese-led group of investors from buying the Chicago Stock Exchange.In a ...

Maduro warns Trump not to ban Venezuelan oil

Venezuela's president has a message for President Trump: Don't do it.President Nicolas Maduro sharply warned T...

Radio host fired for sexual comments about Olympian Chloe Kim

A radio host has been fired for sexually inappropriate comments he made about Olympic gold medalist Chloe Kim....

Here's what Oprah and her confidants are saying about 2020

Oprah Winfrey's spokeswoman says "there are no plans in the works for her to run."Run for president, that is....

Painkiller that once cost $138 is now $2,979

An Irish drugmaker has jacked up the price of a painkiller to nearly $3,000 a bottle. The drug is 22 times more expen...

At Stoneman Douglas High School, cell phone videos take us inside a massacre

The terrifying videos from Marjory Stoneman Douglas High School place viewers right inside the bloodied classrooms an...

Richard Branson: Universal basic income is coming

Richard Branson believes government should give everyone a paycheck, whether they have a job or not."I think t...

Casting blame on Russia probe, far-right fumes at FBI in aftermath of Florida shooting

The far-right on Thursday fumed at the FBI in the aftermath of the Florida high school shooting, suggesting that the ...

Billionaire diamond dealer suspected of huge bank fraud

A billionaire diamond dealer has been linked with a $1.8 billion fraud reported by one of India's biggest banks....

Sears to post a surprise profit thanks to tax reform

Sears is about to post a narrow profit - thanks to the tax reform bill.The financially troubled retailer, whic...

Dan Loeb was right. Nestle needs an overhaul

Life ain't so sweet for Nestle.The company behind Haagen-Dazs and Nescafe revealed Thursday that its existing ...

The U.S. still has no idea how many Puerto Ricans are out of work

Five months after Hurricane Maria ravaged Puerto Rico, the U.S. government still can't keep a precise track of how ma...

McDonald's is taking cheeseburgers out of the Happy Meal

McDonald's is making Happy Meals healthier.By 2022, cheeseburgers won't be part of the menu for the kids' meal...

How Taco Bell's ex-CEO can clean up Chipotle's mess

Brian Niccol was a hit as Taco Bell's CEO. His job at Chipotle won't be as easy.Chipotle ...

Kimmel writer fires off scathing tweets at senators who accept NRA contributions

After a lone gunman stalked the halls of Marjory Stoneman Douglas High School in Parkland, Florida, in an attack that...

These states want to import cheaper drugs from Canada

Norm Thurston is a "free-market guy" - a conservative health economist in Republican-run Utah who rarely sees the gov...

Stocks rally; Buffett bets; TripAdvisor takes flight

1. Global market overview: The recovery rally continues....

Chinese billionaire sells stake in top soccer club Atletico Madrid

Chinese billionaire Wang Jianlin is giving up one of his trophy assets.His company, Dalian Wanda Group, has ag...

DOJ's AT&T lawsuit heats up as DOJ antitrust chief added to witness list

Lawyers for AT&T have reportedly taken the unusual step of including Makan Delrahim, the head of the Justice Departme...

Warren Buffett buys a drugmaker and dumps IBM

Warren Buffett is making another big bet on health care.His company Berkshire Hathaway recently took a $358 mi...

Fannie Mae needs infusion of taxpayer cash for first time in six years

Fannie Mae, the housing lender bailed out by the government nearly a decade ago, needs a $3.7 billion infusion of tax...

Dow climbs 253 points as stocks rise for 4th straight day

Stocks rose for the fourth day in a row.The Dow climbed 253 points Wednesday, and it's back in positive territ...

Elizabeth Warren: Wells Fargo's cleanup efforts are 'utterly inept'

Elizabeth Warren wants to know: How is it that Wells Fargo keeps making mistakes?In a letter dated Tuesday, th...

'Black Panther' is heading for a record-breaking box office weekend

Marvel Studios is one of the most successful brands in Hollywood. The Disney subsidiary has broken box office records...

Prices are going up. But it's good news for you

Paying more is a pain. From rent to Valentine's Day roses, you feel like you're getting squeezed.On Wednesday ...

The one sector of retail that's hiring - a lot

What retail apocalypse? There's one sector where stores are hanging out the "help wanted" signs, rather than "store c...

People can't stop watching Hallmark's cheesy TV movies

In "Cooking with Love," a TV producer falls in love with a cocky celebrity chef.In "My Secret Valentine," a wo...

H&M can't become a digital powerhouse overnight

H&M wants to transform itself from a traditional retailer to an e-commerce powerhouse. But that won't happen in 2018....

Netflix sends message to Disney, rivals with Ryan Murphy deal

If Netflix's exclusive deal with producer Shonda Rhimes was a brush-back pitch to the traditional TV business -- and ...

Is India really open for business?

Last month, India's Prime Minister Narendra Modi was warning countries against closing off their economies."Th...

Were female reporters shut down during Shaun White press conference?

Press officials with U.S. Ski and Snowboard are denying allegations that they deliberately avoided calling on female ...

Lloyd Blankfein: Economy is 'higher' under Trump than if Clinton won

President Trump's closing campaign ad portrayed Lloyd Blankfein as a globalist villain. Perhaps the Goldman Sachs CEO...

Inflation rose faster than expected in January

More good news for Main Street is more bad news for Wall Street.U.S. inflation came in at 2.1% in January comp...

Germans are getting over their cash addiction

Germans are falling out of love with cash.Less than half of the money spent in Germany last year was cash, acc...

Where should you put your money if you think the market will crash?

Where should I put my money now if I believe the stock market is going to crash?-Jerry, VirginiaIf yo...

MetLife says its problems paying some retirees goes back 25 years

MetLife owes up to 25 years of missing pension payments to retirees of various companies, the compan...

India's banks rattled by $1.8 billion Punjab National Bank fraud

One of India's biggest banks rattled investors Wednesday by announcing the discovery of $1.8 billion of fraudulent ac...

Inflation watch; Chipotle's new CEO; Fraud in India

1. Inflation watch: Investors will be paying very close attention to new U.S. inflation data for Jan...

Lloyd Blankfein: Odds of a 'bad outcome' for economy have gone up

Lloyd Blankfein is worried that a spending spree by the Trump administration could overheat the Amer...

Japan is set to miss out on the global growth party this year

Japan's economy has been on a strong run, but some experts are warning it may get left behind by other countries this...

Ryan Murphy is heading to Netflix

Netflix has no chill in its attempt to lure some big creative fish, and its latest catch is Ryan Murphy, the power pr...

Controversial new NYT editorial board member out within hours

The latest addition to the New York Times' editorial board lasted less than half a day, departing the job over previo...

These Valentine's Day roses cost $39 each but last an entire year

You can say just about anything with flowers, but sending a limp bouquet to your Valentine might make the wrong impre...

The real story of food stamps

President Donald Trump wants to radically overhaul a critical safety net program that covers more than 42 million peo...

Chipotle hires away Taco Bell's CEO

Chipotle just nabbed Taco Bell's top executive.Chipotle announced Tuesday that Brian Niccol -- who has headed ...

Democrats to Trump's CFPB chief: Who's looking out for consumers?

President Trump's consumer chief, Mick Mulvaney, has delayed rules to rein in payday loans, dropped lawsuits against ...

What these states learned about wooing companies with big tax breaks

As Amazon nears a decision on the location for its second headquarters, it's weighing a number of factors about each ...

CNN restructuring digital operation, will lay off staffers

CNN is restructuring its digital news operation and laying off some staffers.The layoffs are symptomatic of pr...

Chloe Kim's winning more than gold after Pyeongchang

At 17, snowboarder Chloe Kim has already won an Olympic gold medal and made history by being the first woman to land ...

Can a new president halt South Africa's decline?

South Africa is struggling with weak growth, high unemployment and a slump in investor confidence.The country'...

This number shows just how much Trump has cracked down on trade

President Trump has pulled some of his biggest punches so far on trade. But his administration has thrown lots of jab...

Cape Town business owners fear water taps running dry

Business owners in Cape Town are scrambling to address an existential threat: No water.The city of 4 million i...

Calm returns to Wall Street - for a day

The Dow traded around 100 points lower Tuesday after a hot start to the week.Investors are resetting after a "...

'Main Street is roaring': Wages are rising, survey says

Small business owners across the United States say this is the best time in decades to expand.Nearly a third o...

Hulu's been a breakout success. It also lost $920 million last year

Hulu's got critically acclaimed content, a growing number of subscribers and determination to take on its bigger riva...

'Colossal' American oil boom could spoil OPEC's plans

This is the kind of stuff that keeps OPEC up at night.The oil cartel and key ally Russia have spent more than ...

After #MeToo, what men need to know about working with women

More than three years ago, Joanne Lipman was on a plane enjoying a lovely conversation with a male executive she had ...

Billionaire South Korean boss jailed for bribery

A South Korean court has sent another of the country's most powerful bosses to jail.Shin Dong...

The bond market scare might not be over

During scary times, cash usually flees into the arms of Uncle Sam.Yet during the stock ...

Futures drop; Big earnings day; South Africa watch

1. Stock markets: It could be another wild day on Wall Street.Global markets were relatively ...

Carl Icahn's warning: Don't let Fujifilm 'steal' Xerox

Activist investor Carl Icahn is urging Xerox shareholders to shred a planned takeover by Japan's Fujifilm.The ...

Wynn Resorts brings in new law firm for Steve Wynn investigation

Wynn Resorts says it has hired a different law firm to help it investigate allegations of sexual misconduct against S...

Gunmaker Remington says it will file for bankruptcy

Remington, one of the oldest and most well-known gun companies in the world, ...

What is a 'reciprocal tax' and why is Trump talking about it

President Donald Trump is trying to bolster his "America First" vision for trade policy. But his latest proposal migh...

White House wants to deliver food to the poor, Blue Apron-style

Think of it as Blue Apron for food stamp recipients.That's how Budget Director Mick Mulvaney described the Tru...

Why Trump's budget proposal is too optimistic on deficits

President Donald Trump introduced his 2019 budget blueprint on Monday. He makes some pretty unrealistic claims about ...

How Trump plans to cut prescription drug prices

President Donald Trump finally explained how he plans to fulfill his promise of lowering prescription drug prices -- ...

Why you won't see Olympics-themed McDonald's ads this year

This year's Winter Olympics will be a first for many athletes.But for longtime sponsor McDonalds, it'll be the...

Venezuela oil production is plummeting

Venezuela's main source of cash is dwindling at a breathtaking pace.The country's oil output in January fell t...

Dow shoots 410 points higher: Is the worst over?

The stock market is staging a serious comeback from its worst week in two years.The Dow climbed about 500 poin...

Walt Disney raises ticket prices to theme parks

It's getting more expensive to go to Disney.The Walt Disney Co. announced that it ...

PBS denounces Trump's proposed funding cuts (again)

Like it did last year, President Trump's budget proposal eliminates almost all federal funding for public broadcastin...

Trump unveils infrastructure plan

President Trump finally unveiled his long-awaited infrastructure plan on Monday.The ...

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