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Business News

Monday, Oct 2, 2017 at 04:40 PM CDT

GM to Ditch Gas- and Diesel-Powered Cars, Go All Electric

GM to Ditch Gas- and Diesel-Powered Cars, Go All Electric

General Motors plans to go 100 percent electric, the Detroit automaker announced Monday. "General Motors believes in an all-electric future," said Executive Vice President Mark Reuss. "Although that future won't...

Monday, Oct 2, 2017 at 10:12 AM CDT

Former Equifax Chairman Apologizes for Data Breach

Former Equifax Chairman Apologizes for Data Breach

The former chairman and CEO of Equifax is apologizing for a data breach in which the sensitive information of 140 million Americans was stolen. In prepared congressional testimony, Richard F. Smith says the...

Friday, Sep 29, 2017 at 02:55 PM CDT

EU to Seek Higher Digital Taxes on US Giants

EU to Seek Higher Digital Taxes on US Giants

There's a groundswell of support in the European Union to make sure that digital U.S. giants pay more taxes on their lucrative business in Europe, French President Emmanuel Macron said Friday. He said he...

Friday, Sep 29, 2017 at 07:51 PM CDT

Deadline Arrives for North Texas Amazon Proposals

Deadline Arrives for North Texas Amazon Proposals

The Dallas Regional Chamber is beginning to pour over proposals from more than a dozen North Texas cities, each hoping to land Amazon’s $5 billion HQ2 campus.

Thursday, Sep 28, 2017 at 06:30 PM CDT

Amazon Innovation Drives HQ2 Expansion

Amazon Innovation Drives HQ2 Expansion

A visit to learn about Amazon's technology and services in the current headquarters city of Seattle helps reveal why the company is growing so fast that it wants a second, duplicate headquarters location.

Friday, Sep 29, 2017 at 11:59 AM CDT

Google Offers to Tweak Shopping Over EU Antitrust Concerns

Google Offers to Tweak Shopping Over EU Antitrust Concerns

Google has proposed a remedy for its search results that European regulators have said favor its own shopping listings: holding an auction for those advertiser-paid spots. But critics say the proposal still...

Thursday, Sep 28, 2017 at 02:11 PM CDT

Disasters Will Cut SWA 3Q Revenue by $100M

Disasters Will Cut SWA 3Q Revenue by $100M

Southwest Airlines says natural disasters will cut $100 million from third-quarter revenue by causing the carrier to cancel about 5,000 flights.

Thursday, Sep 28, 2017 at 01:47 PM CDT

No Assembly Required? Ikea to Buy Services Site TaskRabbit

No Assembly Required? Ikea to Buy Services Site TaskRabbit

kea is making moves so you don't have to assemble a sofa or bookcase yourself. The furniture seller said Thursday that it is buying online on-demand services platform TaskRabbit, which lets users hire people to...

Thursday, Sep 28, 2017 at 05:51 AM CDT

$5 Trillion Question for Trump Tax Plan: How to Pay for It?

$5 Trillion Question for Trump Tax Plan: How to Pay for It?

How do you pay for an estimated $5.8 trillion tax cut? For President Donald Trump and Republican congressional leaders, that is the mostly unanswered $5,800,000,000,000 question. The plan they released...

Thursday, Sep 28, 2017 at 04:04 AM CDT

Amazon's Growth Leads to Congestion, Higher Cost of Living

Amazon's Growth Leads to Congestion, Higher Cost of Living

Amazon gets strong support from many leaders in Seattle for bringing more than 40,000 high-paid tech workers and their spending power to that city just since 2010.

 

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