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Business News

Thursday, Jul 20, 2017 at 03:45 PM CDT

Exxon Mobil Sues Treasury Dept. to Halt $2M Fine

Exxon Mobil Sues Treasury Dept. to Halt $2M Fine

Exxon Mobil sues Treasury Department to stop $2 million fine over alleged violation of Russia sanctions.

Thursday, Jul 20, 2017 at 06:16 PM CDT

Exxon Fined $2M for Tillerson-Era Breach of Russia Sanctions

Exxon Fined $2M for Tillerson-Era Breach of Russia Sanctions

Exxon Mobil Corp. must pay a $2 million fine for showing "reckless disregard" for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday....

Wednesday, Jul 19, 2017 at 04:44 PM CDT

Carrier Cuts Jobs at Factory Where Trump Said He Saved Jobs

Carrier Cuts Jobs at Factory Where Trump Said He Saved Jobs

The Carrier factory where then-President-elect Donald Trump announced that he had made a deal to save U.S. jobs from moving to Mexico has started the process of laying off workers. NBC News reports that 338...

Tuesday, Jul 18, 2017 at 08:51 AM CDT

Walmart Apologizes for N-Word in Product Description

Walmart Apologizes for N-Word in Product Description

Walmart apologized after the n-word was used on its website in the product description for a third-party seller's item, NBC News reported. “We are very sorry and appalled that this third party seller listed...

Tuesday, Jul 18, 2017 at 08:46 AM CDT

IBM Fighting Texas 'Bathroom Bill'

IBM Fighting Texas 'Bathroom Bill'

IBM is taking out full-page advertisements in Texas newspapers opposing the state's proposed legislation that would limit which restrooms transgender people can use.

Tuesday, Jul 18, 2017 at 11:31 PM CDT

Lockheed Martin Hires Hundreds For F-35 Program

Lockheed Martin Hires Hundreds For F-35 Program

Thousands of people from across the country made a trek to Fort Worth, hoping for a chance at landing a dream job at Lockheed Martin.

Monday, Jul 17, 2017 at 05:10 PM CDT

Netflix Adds 5.2 Million Subscribers, Crushing Estimates

Netflix Adds 5.2 Million Subscribers, Crushing Estimates

Netflix's second quarter report released Monday showed an addition of 5.2 million memberships, crushing Wall Street estimates of 3.23 million. New seasons of Netflix hits such as "House of Cards" and "Orange is...

Monday, Jul 17, 2017 at 05:03 PM CDT

Guest Worker Boost Comes Too Late, Some Small Businesses Say

Guest Worker Boost Comes Too Late, Some Small Businesses Say

The Trump administration acted Monday to allow 15,000 more visas this year for temporary seasonal workers, but some business owners say the effort comes too late. Under authority from Congress, Homeland...

Friday, Jul 14, 2017 at 05:31 PM CDT

JPMorgan CEO Shifts Topic to Politics From Financial Results

JPMorgan CEO Shifts Topic to Politics From Financial Results

After JPMorgan Chase posted a record $7 billion quarterly profit, the last thing a contentious Jamie Dimon wanted to talk about Friday was his company's earnings. Instead, the CEO of the nation's largest bank...

Friday, Jul 14, 2017 at 04:34 PM CDT

Hootie Johnson, Former Augusta National Chairman, Dies

Hootie Johnson, Former Augusta National Chairman, Dies

Hootie Johnson, the South Carolina banker and Augusta National chairman who stubbornly stood his ground amid pressure for the club to invite female members, died Thursday morning. He was 86. Augusta National...

 
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