Snap Inc., owner of the popular disappearing-messages service Snapchat, seeks to raise up to $3 billion in an initial public offering.
That number may change based on investor demand. Facebook raised $16 billion...
Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as grew ad revenue 53 percent in a quarter.
Shares rose 3 percent after hours.Facebook's ad...
Wednesday, Feb 1, 2017 at 09:22 AM EST
Women Are, Very Slowly, Getting More Seats in the Boardroom
The number of women sitting at the table in corporate boardrooms across the country is rising very slowly, but it's rising.
Just over 15 percent of all director seats at publicly traded U.S. companies were held...
Wednesday, Feb 1, 2017 at 02:16 PM EST
Fed Leaves Key Rate Unchanged at Time of Uncertainty
The Federal Reserve has left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration.
The Fed said in a statement ending its...
Monday, Jan 30, 2017 at 12:31 PM EST
Toyota Loses 'World's Biggest Automaker' Title to VW
Toyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million.
General Motors reports its...
Monday, Jan 30, 2017 at 04:24 PM EST
Starbucks to Hire 10,000 Refugees Over Next 5 Years
Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump's indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-maj...
Charles Koch first likened candidate Donald Trump's plan to ban Muslim immigrants to something Adolf Hitler would have done in Nazi Germany. The billionaire industrialist and his chief lieutenants offered a...
Google, Apple and other tech giants expressed dismay over an executive order on immigration from President Donald Trump that bars nationals of seven Muslim-majority countries from entering the U.S.
The U.S tech...
Tuesday, Jan 17, 2017 at 08:53 PM EST
Lowe's Announces Nearly 2,400 Layoffs for Full-Time Workers
North Carolina-based home improvement retailer Lowe's says it's told about 2,400 full-time workers that they will be laid off. A statement from the store said the majority of the cuts are at the store level,...
Sunday, Jan 15, 2017 at 11:30 PM EST
IHOP: Clinton-Related Retweet Was Result of Hacked Social Media Account
IHOP said that sometime Sunday morning, the company’s Twitter account was hacked when a politically charged retweet appeared that caused some customers to pledge to never eat their golden fluffy pancakes again....