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Business News

Friday, Jun 2, 2017 at 01:36 PM EDT

Here's What to Expect From Apple’s Big Event Next Week

Here's What to Expect From Apple’s Big Event Next Week

Next week Apple is set to have its developer's conference, known as WWDC, where tech experts are expecting Apple to discuss new hardware and software, CNBC reported. Most likely, Apple will reveal its new...

Thursday, Jun 1, 2017 at 06:38 AM EDT

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

A Chinese company that makes shoes for Ivanka Trump and other brands denied allegations Thursday of excessive overtime and low wages made by three activists who have been arrested or disappeared. The Associated...

Wednesday, May 31, 2017 at 04:56 PM EDT

Taxpayers May Have Overpaid by $1B for EpiPen: Senator

Taxpayers May Have Overpaid by $1B for EpiPen: Senator

American taxpayers may have overpaid by as much as $1.27 billion for EpiPen anti-allergy devices over the course of a decade, a U.S. senator said Wednesday. That is nearly three times the $465 million that...

Thursday, May 25, 2017 at 07:52 PM EDT

How Best Buy Escaped the Retail Apocalypse

How Best Buy Escaped the Retail Apocalypse

Shares of Best Buy surged more than 20 percent Thursday after the company posted unexpected sales growth in same store locations. Best Buy is a retail anomaly because it's an enjoyable place to shop, CNBC...

Thursday, May 25, 2017 at 11:54 AM EDT

Race Car Costs: The High Price of Fielding a Racing Team

Race Car Costs: The High Price of Fielding a Racing Team

Gentlemen, start your engines — of your money-munching machines. While waiting for the flag to drop at the Indianapolis 500 this Memorial Day weekend, are you fantasizing about becoming a race car driver?...

Wednesday, May 24, 2017 at 07:34 PM EDT

How Food Stamp Cuts Could Ripple Through the Economy

How Food Stamp Cuts Could Ripple Through the Economy

A proposal to curtail the nation's food stamp program would pinch families struggling to pay for groceries and ripple through other areas of the economy, including supermarkets and discounters, as people shuffle...

Thursday, May 25, 2017 at 07:02 AM EDT

Serena Williams Accepts a New Challenge - in Silicon Valley

Serena Williams Accepts a New Challenge - in Silicon Valley

Tennis star Serena Williams has 39 Grand Slam titles, four Olympic medals, major endorsement deals and her own line of clothing and accessories. Now she is embarking on a new mission: She says she wants to help...

Tuesday, May 23, 2017 at 03:50 AM EDT

21 Uber Drivers Arrested in Latest Crackdown in Hong Kong

21 Uber Drivers Arrested in Latest Crackdown in Hong Kong

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial center. It's the latest regulatory headache for Uber,...

Monday, May 22, 2017 at 06:32 PM EDT

Fields Out at Ford; New CEO Hackett Known for Turnarounds

Fields Out at Ford; New CEO Hackett Known for Turnarounds

The job of Ford's new CEO won't be easy: He will have to shore up the 114-year-old company's traditional auto business, but also invest in self-driving cars and other projects that could one day make that...

Friday, May 19, 2017 at 04:20 PM EDT

Oil Company Watches Over Pregnant Polar Bear Under Bridge

Oil Company Watches Over Pregnant Polar Bear Under Bridge

A pregnant polar bear seeking to dig her maternity den chose an unlikely spot: a snow drift along a bridge leading to an artificial production island off the north coast of Alaska. As a threatened species,...

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