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Business News

Monday, May 1, 2017 at 04:55 PM EDT

Fox News Co-President Bill Shine Is Out

Fox News Co-President Bill Shine Is Out

Fox News Channel said Monday that co-president Bill Shine is out, the latest high-level departure at a network beset with charges of harassment and discrimination that have already claimed founding CEO Roger...

Thursday, Apr 27, 2017 at 08:11 PM EDT

YouTube Ad Boycott Could Spell Trouble for Alphabet's Google

YouTube Ad Boycott Could Spell Trouble for Alphabet's Google

YouTube's inability to keep big-brand ads off unsavory videos is threatening to transform a rising star in Google's digital family into a problem child. It's not yet clear whether a recent ad boycott of YouTube...

Thursday, Apr 27, 2017 at 06:31 PM EDT

Southwest Airlines Will Stop Overbooking Flights

Southwest Airlines Will Stop Overbooking Flights

Dallas-based Southwest Airlines plans to end the common industry practice of overbooking flights. In a CNBC interview, Southwest CEO Gary Kelly said "I’ve made the decision and the company’s made the decision...

Thursday, Apr 27, 2017 at 09:05 PM EDT

China Rumors Rife as Gas Restrictions in N. Korea Drag On

China Rumors Rife as Gas Restrictions in N. Korea Drag On

An acute shortage of gasoline in the North Korean capital of Pyongyang that has sparked price hikes and hoarding is raising fears of potentially crippling pain at the pumps if things don't get better soon — and...

Wednesday, Apr 26, 2017 at 06:25 AM EDT

Chipotle Reports Payment System Was Hacked

Chipotle Reports Payment System Was Hacked

Mexican fast food chain Chipotle announced Tuesday that its customer payment system had been breached, CNBC reported. In a statement on the company's website, Chipotle said it detected "unauthorized activity"...

Tuesday, Apr 25, 2017 at 10:58 PM EDT

Uber Touts 'Flying Car' Project

Uber Touts 'Flying Car' Project

Uber is taking to the skies with its next project — "flying cars" — even as all eyes are on its problems on the ground. On Tuesday, the embattled ride-hailing company announced plans for an on-demand network of...

Friday, Apr 21, 2017 at 11:06 AM EDT

Volkswagen to Pay $2.8 Billion in US Diesel Emissions Scandal

Volkswagen to Pay $2.8 Billion in US Diesel Emissions Scandal

A federal judge has approved a $2.8 billion criminal penalty against Volkswagen for cheating on diesel emissions tests. District Judge Sean Cox approved deal and fine — the largest ever levied by the U.S....

Friday, Apr 21, 2017 at 09:35 AM EDT

Bebe Is Closing All 175 of Its Stores

Bebe Is Closing All 175 of Its Stores

Bebe expects to close all of its brick-and-mortar locations by the end of May, the clothing retailer said in a filing Friday with the Securities and Exchange Commission. The chain had previously said it was...

Friday, Apr 21, 2017 at 09:01 AM EDT

Is It a Bird? Is It a Plane? Flying Car to Go on Sale

Is It a Bird? Is It a Plane? Flying Car to Go on Sale

It may not be quite like the Jetsons, but for over a million dollars you too can soon fly around in a car. A Slovakian company called AeroMobil unveiled on Thursday its version of a flying car, a light-framed...

Thursday, Apr 20, 2017 at 11:07 AM EDT

MasterCard Rolls Out Cards With Fingerprint Sensor

MasterCard Rolls Out Cards With Fingerprint Sensor

MasterCard is testing payment cards with fingerprint sensors in South Africa and hopes to roll it out to the rest of the world by the end of the year, the company said Thursday. The technology works in the same...

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