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Business News

Friday, Sep 1, 2017 at 10:26 PM EDT

Roku Seeks $100M in IPO

Roku Seeks $100M in IPO

Video streaming player pioneer Roku is going public, hoping to raise money to expand into more households and fend off competitive threats from bigger technology companies. Roku listed a $100 million fundraisi...

Friday, Sep 1, 2017 at 08:47 AM EDT

US Job Growth Slows to 156K in August

US Job Growth Slows to 156K in August

U.S. job growth slowed in August as employers added 156,000 jobs, still enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery from the Great Recession. The...

Thursday, Aug 31, 2017 at 05:01 PM EDT

US Awards Contracts for Concrete Prototypes of Trump's Wall

US Awards Contracts for Concrete Prototypes of Trump's Wall

The Trump administration has taken another step toward building a wall on the U.S. border with Mexico, even as funding for the project remains in question. U.S. Customs and Border Protection announced Thursday...

Thursday, Aug 31, 2017 at 12:12 PM EDT

Trump Policies on Immigrants, Tariff Could Hurt Harvey Help

Trump Policies on Immigrants, Tariff Could Hurt Harvey Help

During President Donald Trump's visit to hurricane ravaged Corpus Christie in Texas he pledged to provide immediate recovery assistance, "We are going to get you back and operating immediately," but economists...

Thursday, Aug 31, 2017 at 03:26 PM EDT

Wells Fargo Says 3.5 Million Accounts Involved in Scandal

Wells Fargo Says 3.5 Million Accounts Involved in Scandal

The scope of Wells Fargo's fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers' permission between 2009 and 2016....

Thursday, Aug 31, 2017 at 10:42 AM EDT

US Unemployment Claims Rise Slightly, Remain Low

US Unemployment Claims Rise Slightly, Remain Low

More Americans applied for unemployment benefits last week, but the numbers remained low and consistent with a healthy job market. The Labor Department says 236,000 people filed claims for jobless aid, up from...

Thursday, Aug 31, 2017 at 12:52 AM EDT

Harvey Knocks Out More Refineries, Shifting Global Oil Flows

Harvey Knocks Out More Refineries, Shifting Global Oil Flows

Hurricane Harvey is sending pump prices higher for U.S. motorists and causing temporary shifts in the flow of oil and gasoline around the world after taking down a huge chunk of U.S. refining capacity. It will...

Wednesday, Aug 30, 2017 at 02:05 PM EDT

Man Sues United Airlines Alleging Harassment Over His Name

Man Sues United Airlines Alleging Harassment Over His Name

A Wisconsin man has filed a federal lawsuit against United Airlines alleging he was harassed by a reservation agent over his name.

Monday, Aug 28, 2017 at 01:50 PM EDT

It's a Done Deal: Amazon Takes Over Whole Foods

It's a Done Deal: Amazon Takes Over Whole Foods

A half-gallon of milk was 50 cents cheaper at a Whole Foods in New York. Ground beef was down by $2 a pound. And an organic avocado cost a buck less. Amazon kicked off its first day as the owner of Whole Foods...

Monday, Aug 28, 2017 at 02:54 AM EDT

Uber Selects Expedia CEO to be Its New Chief: Sources

Uber Selects Expedia CEO to be Its New Chief: Sources

Expedia CEO Dara Khosrowshahi has been named Uber's top executive, taking the difficult job of mending the dysfunctional ride-hailing giant and turning it from money-losing behemoth to a profitable company. Ub...

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