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Friday, Jan 25, 2019 at 06:13 PM EST

Facebook Allowed 'Friendly Fraud' to Profit From Kids: Memos

Facebook Allowed 'Friendly Fraud' to Profit From Kids: Memos

Facebook allowed children to rack up huge bills on digital games while the company rejected recommendations for addressing what it dubbed "friendly fraud," according to newly released court documents. The...

Thursday, Jan 24, 2019 at 11:42 AM EST

'The Milkman Model': Big Brand Names Try Reusable Containers

'The Milkman Model': Big Brand Names Try Reusable Containers

A new shopping platform announced Thursday at the World Economic Forum aims to change the way we buy many brand-name products. Loop, as the platform is called, would do away with disposable containers for...

Tuesday, Jan 22, 2019 at 04:11 PM EST

The Unusually Large Drop in Home Sales Has Real Estate Agents Baffled

The Unusually Large Drop in Home Sales Has Real Estate Agents Baffled

Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 4.6 percent monthly move was unusually large, regardless of direction. The tally from the National Association...

Tuesday, Jan 22, 2019 at 03:49 PM EST

Some of the Technology Set to Make a 'Quantum Leap' in 2019

Some of the Technology Set to Make a 'Quantum Leap' in 2019

From foldable cellphones to high tech burgers, more than 4,500 companies showcased their latest technology at CES, the world's largest consumer electronics show which took place in Las Vegas earlier this...

Tuesday, Jan 22, 2019 at 04:55 PM EST

US Cancels Trade Planning Meeting With China, Source Says

US Cancels Trade Planning Meeting With China, Source Says

The White House rejected a trade planning meeting with Chinese counterparts this week due to outstanding disagreements between the two sides over the enforcement of intellectual property rules. Officials...

Tuesday, Jan 22, 2019 at 01:59 PM EST

San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says

San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says

Silicon Valley has driven San Francisco into a “train wreck” of inequality, with homelessness being a severe issue in the city, Salesforce CEO Marc Benioff told CNBC on Tuesday. Benioff added that though...

Thursday, Jan 17, 2019 at 06:53 PM EST

Sears Chairman's Hedge Fund Wins Bankruptcy Auction

Sears Chairman's Hedge Fund Wins Bankruptcy Auction

Sears said Thursday that its chairman Eddie Lampert’s hedge fund, ESL Investments, is the winning bidder in the company’s bankruptcy auction. “We are pleased to have reached a deal that would provide a path...

Thursday, Jan 17, 2019 at 08:36 AM EST

Gymboree Begins Winding Down Operations After 2nd Bankruptcy

Gymboree Begins Winding Down Operations After 2nd Bankruptcy

Gymboree is filing for bankruptcy protection for a second time in as many years, but this time the children's clothing retailer will begin winding down operations for good. The San Francisco company said...

Thursday, Jan 17, 2019 at 09:01 AM EST

John Bogle, Founder of Vanguard Group, Dies at 89

John Bogle, Founder of Vanguard Group, Dies at 89

John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founding Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but...

Wednesday, Jan 16, 2019 at 05:04 PM EST

Sears Chairman Reaches Deal to Save Company: Source

Sears Chairman Reaches Deal to Save Company: Source

Midday Tuesday, billionaire Eddie Lampert’s efforts to keep Sears alive were dead. Lawyers and bankers who had been holed up in the offices of Weil, Gotshal & Manges on Fifth Avenue to work out a deal...

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