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Business News

Saturday, Jul 8, 2017 at 02:40 PM EDT

Target Dropping 2 of Its Famous Brands, Adding 12 Others

Target lovers soon will have to say goodbye to two of the chain's famous brands....View gallery

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Thursday, Jul 6, 2017 at 08:27 PM EDT

How the Gov't Spends $38 to Collect $1 of Student Loan Debt

How the Gov't Spends $38 to Collect $1 of Student Loan Debt

It's estimated that about 44 million Americans are living with student loan debt, adding up to more than $1 trillion owed. Around 8 million borrowers have given up on paying back more than $137 million,...

Thursday, Jul 6, 2017 at 05:10 PM EDT

Qualcomm Seeks to Ban iPhone Imports, Sales

Qualcomm Seeks to Ban iPhone Imports, Sales

Chipmaker Qualcomm is asking U.S. trade regulators to ban iPhone imports, according to a new lawsuit. Apple has allegedly infringed on six of Qualcomm's patents that improve iPhone battery life, according to...

Thursday, Jul 6, 2017 at 05:04 PM EDT

Renewable Energy Surges Past Nuclear for 1st Time in Decades

Renewable Energy Surges Past Nuclear for 1st Time in Decades

For the first time in decades, the United States got more electricity from renewable sources than nuclear power in March and April. The U.S. Energy Information Administration said Thursday that electricity...

Thursday, Jul 6, 2017 at 03:20 PM EDT

Tesla Loses Spot as Most Valuable Carmaker in US, for Now

Tesla Loses Spot as Most Valuable Carmaker in US, for Now

After three months as the nation's most valuable automaker, a bad week in an otherwise stellar year has knocked Tesla from the top perch as the nation's most valuable automaker. Tesla's growth remains stellar...

Wednesday, Jul 5, 2017 at 08:47 PM EDT

Hobby Lobby Fined $3M for Smuggled Iraqi Artifacts

Hobby Lobby Fined $3M for Smuggled Iraqi Artifacts

Arts-and-crafts chain Hobby Lobby has agreed to pay $3 million to settle a federal case over smuggled Iraqi antiquities it bought to demonstrate its "passion for the Bible." NBC News reports that prosecutors...

Wednesday, Jul 5, 2017 at 01:22 PM EDT

Judge Orders 'Pharma Bro' Shkreli to Stop Talking About Case

Judge Orders 'Pharma Bro' Shkreli to Stop Talking About Case

In the wake of a five-minute rant to reporters last week, "Pharma bro" Martin Shkreli was ordered Wednesday to stop publicly discussing his ongoing securities fraud trial near the Brooklyn courthouse where...

Tuesday, Jul 4, 2017 at 12:28 AM EDT

'I'm a Creep': Silicon Valley Investor Resigns After Misconduct

'I'm a Creep': Silicon Valley Investor Resigns After Misconduct

The co-founder of Silicon Valley's 500 Startups is stepping down from the company after admitting he made inappropriate advances toward women in the workplace. Dave McClure announced his resignation and an...

Tuesday, Jul 4, 2017 at 06:50 AM EDT

Prosecutors Ask Judge to Silence Martin Shkreli

Prosecutors Ask Judge to Silence Martin Shkreli

Prosecutors want a judge to make "Pharma Bro" Martin Shkreli stop talking.

Wednesday, Jul 5, 2017 at 11:35 AM EDT

Tesla Says Its Model 3 Car Will Go Into Production Friday

Tesla Says Its Model 3 Car Will Go Into Production Friday

The first Tesla Model 3 electric car for the masses should come off the assembly line on Friday with the first deliveries in late July, the company's CEO says. CEO Elon Musk, in several Twitter messages...

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