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Wednesday, Aug 15, 2018 at 04:20 PM EDT

Dow Falls More Than 100 Points as Tech Stocks, Macy's Slide

Dow Falls More Than 100 Points as Tech Stocks, Macy's Slide

U.S. stocks fell on Wednesday as declines in tech shares and Macy's dampened investor sentiment. Equities also followed overseas stocks lower. The Dow Jones Industrial Average dropped 136 points, while the S&P...

Wednesday, Aug 15, 2018 at 12:26 PM EDT

Rising Concern? After Straws, Balloons Get More Scrutiny

Rising Concern? After Straws, Balloons Get More Scrutiny

Now that plastic straws may be headed for extinction, could Americans' love of balloons be deflated? The joyous celebration of releasing balloons into the air has long bothered environmentalists, who say the...

Wednesday, Aug 15, 2018 at 12:08 PM EDT

MoviePass Parent Company Lost $100 Million in the Second Quarter

MoviePass Parent Company Lost $100 Million in the Second Quarter

MoviePass' parent company, Helios and Matheson Analytics, lost $100 million in the second quarter, according to its most recent quarterly report filed late Tuesday, on pace to blow through its remaining...

Wednesday, Aug 15, 2018 at 09:19 AM EDT

Ford to Spend About $740M to Redevelop Detroit Train Depot

Ford to Spend About $740M to Redevelop Detroit Train Depot

Ford Motor Co. plans to spend roughly $740 million renovating Detroit's long vacant train depot and redeveloping other area properties for research and development of self-driving vehicles. The Dearborn-based...

Tuesday, Aug 14, 2018 at 03:43 PM EDT

Tinder Founders Sue Owner for Billions Over Stock Options

Tinder Founders Sue Owner for Billions Over Stock Options

A group of founders, current executives and early employees of Tinder sued the dating app's owner IAC and its subsidiary Match Group for at least $2 billion, claiming the defendants "robbed Tinder employees" by...

Monday, Aug 13, 2018 at 07:11 PM EDT

Mark Cuban Cashed Out, Owns Just a Handful of Stocks

Mark Cuban Cashed Out, Owns Just a Handful of Stocks

Billionaire entrepreneur Mark Cuban told CNBC on Monday that he's holding much more cash than he normally does because he's concerned about the stock market and U.S debt levels. "I'm down to maybe four...

Monday, Aug 13, 2018 at 04:20 PM EDT

What Happens When China Doesn’t Want Our Recyclables

What Happens When China Doesn’t Want Our Recyclables

Feeling pleased that your conscientious recycling is helping to save the environment? Not so fast. Your yogurt container or takeout clamshell might end up in a dump thanks to a ban on discarded items that the...

Monday, Aug 13, 2018 at 11:23 AM EDT

Musk Says He's Talking With Saudi Fund to Take Tesla Private

Musk Says He's Talking With Saudi Fund to Take Tesla Private

Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund...

Friday, Aug 10, 2018 at 01:22 PM EDT

Consumer Prices Up 2.9 Pct, Leaving Americans Worse Off

Consumer Prices Up 2.9 Pct, Leaving Americans Worse Off

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. The Labor Department said Friday...

Friday, Aug 10, 2018 at 01:01 PM EDT

Nike Accused of Fostering Hostile Workplace in New Lawsuit

Nike Accused of Fostering Hostile Workplace in New Lawsuit

A group of former female employees at Nike Inc. are suing the company over allegations that it "intentionally and willfully discriminated against [women] with respect to pay, promotions, and conditions of...

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